Analysts Set Toll Brothers, Inc. (NYSE:TOL) Target Price at $144.79

Shares of Toll Brothers, Inc. (NYSE:TOL - Get Free Report) have received a consensus rating of "Moderate Buy" from the fifteen ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $144.79.

A number of research firms recently weighed in on TOL. Bank of America lowered their target price on shares of Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a research note on Thursday, February 20th. StockNews.com upgraded shares of Toll Brothers from a "sell" rating to a "hold" rating in a report on Tuesday, May 6th. Seaport Res Ptn raised shares of Toll Brothers from a "strong sell" rating to a "hold" rating in a research note on Monday, January 27th. Wedbush reissued an "outperform" rating and set a $175.00 price objective on shares of Toll Brothers in a research report on Friday, February 14th. Finally, Royal Bank of Canada cut 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 report on Thursday, February 20th.

Toll Brothers Stock Performance

Shares of NYSE:TOL traded up $0.88 during trading on Friday, reaching $109.39. 1,420,680 shares of the company's stock traded hands, compared to its average volume of 1,549,792. Toll Brothers has a 12 month low of $86.67 and a 12 month high of $169.52. The stock has a market capitalization of $10.93 billion, a P/E ratio of 7.53, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80. The company has a 50 day moving average of $101.70 and a 200-day moving average of $124.28.

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 for the quarter, compared to analyst estimates of $1.91 billion. On average, equities analysts expect that Toll Brothers will post 13.83 EPS for the current year.

Toll Brothers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were given a dividend of $0.25 per share. The ex-dividend date was Friday, April 11th. This is a positive change from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 dividend on an annualized basis and a yield of 0.91%. Toll Brothers's payout ratio is 6.88%.

Insiders Place Their Bets

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

Hedge Funds Weigh In On Toll Brothers

Several hedge funds have recently bought and sold shares of TOL. Brooklyn Investment Group lifted its stake in Toll Brothers by 52.8% during the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company's stock worth $29,000 after purchasing an additional 94 shares during the last quarter. Affinity Investment Advisors LLC increased its position in shares of Toll Brothers by 19.7% in the first quarter. Affinity Investment Advisors LLC now owns 2,210 shares of the construction company's stock valued at $233,000 after buying an additional 364 shares in the last quarter. Pinnacle Holdings LLC raised its position in shares of Toll Brothers by 136.0% during the 1st quarter. Pinnacle Holdings LLC now owns 472 shares of the construction company's stock worth $50,000 after purchasing an additional 272 shares during the last quarter. American Century Companies Inc. boosted its position in Toll Brothers by 12.3% during the first quarter. American Century Companies Inc. now owns 254,638 shares of the construction company's stock worth $26,887,000 after acquiring an additional 27,850 shares during the last quarter. Finally, Brandywine Global Investment Management LLC lifted its holdings in shares of Toll Brothers by 20.9% during the 1st quarter. Brandywine Global Investment Management LLC now owns 152,850 shares of the construction company's stock worth $16,139,000 after acquiring an additional 26,409 shares during the period. Institutional investors and hedge funds 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.