Toll Brothers (NYSE:TOL) PT Raised to $154.00

Toll Brothers (NYSE:TOL - Free Report) had its target price hoisted by UBS Group from $140.00 to $154.00 in a research report report published on Thursday morning, Benzinga reports. They currently have a buy rating on the construction company's stock.

Other research analysts have also recently issued reports about the company. Wells Fargo & Company raised their target price on Toll Brothers from $142.00 to $150.00 and gave the stock an overweight rating in a research report on Wednesday, May 15th. Barclays increased their price objective on Toll Brothers from $95.00 to $115.00 and gave the stock an underweight rating in a research note on Monday, February 26th. Keefe, Bruyette & Woods increased their price objective on Toll Brothers from $120.00 to $135.00 and gave the stock an outperform rating in a research note on Wednesday, February 28th. Oppenheimer increased their price objective on Toll Brothers from $141.00 to $157.00 and gave the stock an outperform rating in a research note on Thursday, March 21st. Finally, StockNews.com upgraded Toll Brothers from a hold rating to a buy rating in a research note on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and an average price target of $123.07.

Toll Brothers Stock Performance

Shares of TOL traded up $0.39 during mid-day trading on Thursday, hitting $119.59. The company's stock had a trading volume of 2,108,545 shares, compared to its average volume of 1,393,514. Toll Brothers has a one year low of $64.40 and a one year high of $135.37. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.65 and a current ratio of 4.95. The firm has a market capitalization of $12.46 billion, a PE ratio of 8.17, a price-to-earnings-growth ratio of 1.08 and a beta of 1.67. The stock's 50-day moving average is $123.13 and its two-hundred day moving average is $107.56.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 21st. The construction company reported $3.38 earnings per share for the quarter, missing the consensus estimate of $4.13 by ($0.75). Toll Brothers had a net margin of 15.07% and a return on equity of 21.27%. The business had revenue of $2.84 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same period in the prior year, the company posted $2.85 earnings per share. The firm's revenue was up 13.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that Toll Brothers will post 13.71 EPS for the current year.

Toll Brothers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Friday, April 5th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 0.77%. This is a positive change from Toll Brothers's previous quarterly dividend of $0.21. The ex-dividend date of this dividend was Thursday, April 4th. Toll Brothers's dividend payout ratio (DPR) is presently 6.28%.

Insider Buying and Selling

In related news, Director Stephen F. East sold 1,500 shares of Toll Brothers stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $119.32, for a total value of $178,980.00. Following the completion of the sale, the director now directly owns 9,389 shares in the company, valued at $1,120,295.48. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Toll Brothers news, Director Stephen F. East sold 1,500 shares of the firm's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $119.32, for a total transaction of $178,980.00. Following the transaction, the director now owns 9,389 shares in the company, valued at $1,120,295.48. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Douglas C. Jr. Yearley sold 50,000 shares of the firm's stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $118.85, for a total value of $5,942,500.00. Following the transaction, the chief executive officer now owns 346,382 shares in the company, valued at approximately $41,167,500.70. The disclosure for this sale can be found here. Insiders sold a total of 66,500 shares of company stock worth $7,881,930 over the last three months. 1.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Toll Brothers

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in shares of Toll Brothers by 2.0% during the 4th quarter. Vanguard Group Inc. now owns 11,268,164 shares of the construction company's stock valued at $1,158,255,000 after purchasing an additional 216,849 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Toll Brothers by 0.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,620,912 shares of the construction company's stock valued at $372,198,000 after purchasing an additional 14,449 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Toll Brothers by 6.0% during the 3rd quarter. AQR Capital Management LLC now owns 2,467,336 shares of the construction company's stock valued at $182,484,000 after purchasing an additional 139,004 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of Toll Brothers by 12.4% during the 4th quarter. Pacer Advisors Inc. now owns 2,041,569 shares of the construction company's stock valued at $209,853,000 after purchasing an additional 225,354 shares in the last quarter. Finally, Bamco Inc. NY lifted its holdings in shares of Toll Brothers by 0.7% during the 3rd quarter. Bamco Inc. NY now owns 1,784,965 shares of the construction company's stock valued at $132,016,000 after purchasing an additional 12,520 shares in the last quarter. Institutional investors own 91.76% of the company's stock.

Toll Brothers Company Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.