Oxford Asset Management LLP Makes New $841,000 Investment in Toll Brothers, Inc. (NYSE:TOL)

Oxford Asset Management LLP purchased a new position in Toll Brothers, Inc. (NYSE:TOL - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 6,677 shares of the construction company's stock, valued at approximately $841,000.

Several other large investors have also recently made changes to their positions in TOL. Fiduciary Alliance LLC acquired a new stake in Toll Brothers in the fourth quarter valued at approximately $1,117,000. Franklin Resources Inc. increased its stake in shares of Toll Brothers by 5.4% during the third quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company's stock worth $27,659,000 after buying an additional 9,195 shares during the period. World Investment Advisors LLC acquired a new stake in Toll Brothers during the 3rd quarter worth $12,506,000. Jennison Associates LLC increased its stake in Toll Brothers by 38.7% in the fourth quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company's stock valued at $154,449,000 after purchasing an additional 341,980 shares during the period. Finally, Lecap Asset Management Ltd. increased its stake in shares of Toll Brothers by 721.8% during the fourth quarter. Lecap Asset Management Ltd. now owns 16,567 shares of the construction company's stock worth $2,087,000 after acquiring an additional 14,551 shares during the period. 91.76% of the stock is owned by institutional investors.

Toll Brothers Price Performance

Toll Brothers stock traded down $0.13 during mid-day trading on Thursday, reaching $100.74. The company had a trading volume of 455,707 shares, compared to its average volume of 1,544,110. The stock's 50-day simple moving average is $102.86 and its 200-day simple moving average is $127.41. The company has a market capitalization of $10.06 billion, a P/E ratio of 6.94, a P/E/G ratio of 1.02 and a beta of 1.48. Toll Brothers, Inc. has a 1 year low of $86.67 and a 1 year high of $169.52. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80.

Toll Brothers (NYSE:TOL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 EPS for the quarter, missing analysts' consensus estimates of $1.99 by ($0.24). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The business had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.91 billion. On average, equities analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.25 dividend. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, April 11th. This represents a $1.00 annualized dividend and a dividend yield of 0.99%. Toll Brothers's dividend payout ratio (DPR) is presently 6.88%.

Insider Buying and Selling

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction on Monday, February 24th. The shares were sold at an average price of $110.58, for a total value of $46,443.60. Following the sale, the director now directly owns 13,186 shares in the company, valued at approximately $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TOL has been the topic of several recent analyst reports. Royal Bank of Canada reduced their price objective on shares of Toll Brothers from $142.00 to $139.00 and set an "outperform" rating on the stock in a research note on Thursday, February 20th. The Goldman Sachs Group decreased their price objective on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Bank of America cut their price objective on Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Wedbush reissued an "outperform" rating and issued a $175.00 price target on shares of Toll Brothers in a research note on Friday, February 14th. Finally, Keefe, Bruyette & Woods cut their target price on Toll Brothers from $164.00 to $132.00 and set a "market perform" rating for the company in a research note on Tuesday, February 25th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $144.79.

Toll Brothers 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.