Toll Brothers, Inc. (NYSE:TOL) Shares Bought by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in Toll Brothers, Inc. (NYSE:TOL - Free Report) by 21.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,941 shares of the construction company's stock after buying an additional 13,260 shares during the period. Quantinno Capital Management LP owned about 0.07% of Toll Brothers worth $9,313,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Lee Danner & Bass Inc. purchased a new position in Toll Brothers in the 4th quarter valued at about $27,000. Promus Capital LLC purchased a new position in Toll Brothers in the 4th quarter valued at about $29,000. IAG Wealth Partners LLC lifted its holdings in Toll Brothers by 1,034.8% in the 4th quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after purchasing an additional 238 shares in the last quarter. DiNuzzo Private Wealth Inc. lifted its holdings in Toll Brothers by 806.5% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after purchasing an additional 250 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in Toll Brothers by 34.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock valued at $37,000 after purchasing an additional 75 shares in the last quarter. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Trading Up 0.6%

TOL traded up $0.63 on Friday, reaching $107.01. 1,465,142 shares of the company's stock were exchanged, compared to its average volume of 1,552,216. The company's 50 day moving average is $101.56 and its 200-day moving average is $123.29. The company has a market cap of $10.69 billion, a price-to-earnings ratio of 7.36, a PEG ratio of 1.02 and a beta of 1.45. Toll Brothers, Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65.

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

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Friday, April 11th. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. Toll Brothers's dividend payout ratio is 6.88%.

Insider Buying and Selling

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction that occurred 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 completion of the sale, the director now owns 13,186 shares of the company's stock, valued at $1,458,107.88. This trade represents a 3.09% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.54% of the company's stock.

Wall Street Analysts Forecast Growth

TOL has been the topic of a number of recent research reports. Royal Bank of Canada reduced their target price on shares of Toll Brothers from $139.00 to $133.00 and set an "outperform" rating on the stock in a report on Friday. Keefe, Bruyette & Woods reduced their target price on shares of Toll Brothers from $164.00 to $132.00 and set a "market perform" rating on the stock in a report on Tuesday, February 25th. Wells Fargo & Company reduced their target price on shares of Toll Brothers from $150.00 to $120.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Bank of America cut their price objective on shares of Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. Finally, StockNews.com upgraded shares of Toll Brothers from a "sell" rating to a "hold" rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $143.64.

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.