Toll Brothers, Inc. (NYSE:TOL) Given Average Rating of "Moderate Buy" by Brokerages

Toll Brothers, Inc. (NYSE:TOL - Get Free Report) has been given a consensus rating of "Moderate Buy" by the fifteen ratings firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $141.00.

A number of equities analysts have issued reports on the company. UBS Group reiterated a "buy" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Wall Street Zen upgraded Toll Brothers from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. Wedbush reiterated an "outperform" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Evercore ISI reiterated an "outperform" rating and set a $169.00 target price (up previously from $167.00) on shares of Toll Brothers in a report on Thursday, May 22nd. Finally, Wells Fargo & Company lowered their target price on Toll Brothers from $130.00 to $125.00 and set an "overweight" rating for the company in a report on Tuesday.

Institutional Investors Weigh In On Toll Brothers

Several hedge funds have recently bought and sold shares of TOL. Norges Bank acquired a new stake in Toll Brothers during the fourth quarter worth approximately $149,924,000. Long Pond Capital LP acquired a new stake in Toll Brothers during the first quarter worth approximately $117,870,000. Balyasny Asset Management L.P. increased its holdings in shares of Toll Brothers by 24,475.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,114,728 shares of the construction company's stock worth $140,400,000 after purchasing an additional 1,110,192 shares during the period. D1 Capital Partners L.P. bought a new position in shares of Toll Brothers during the fourth quarter worth approximately $106,428,000. Finally, Victory Capital Management Inc. increased its holdings in shares of Toll Brothers by 149.5% during the first quarter. Victory Capital Management Inc. now owns 974,587 shares of the construction company's stock worth $102,907,000 after purchasing an additional 583,940 shares during the period. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Trading Up 0.4%

Shares of TOL stock traded up $0.41 during trading hours on Wednesday, reaching $108.63. The company had a trading volume of 1,650,680 shares, compared to its average volume of 1,565,682. 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 has a 1-year low of $86.67 and a 1-year high of $169.52. The company has a 50 day moving average of $101.05 and a 200 day moving average of $119.27. The firm has a market cap of $10.85 billion, a price-to-earnings ratio of 7.48, a P/E/G ratio of 1.02 and a beta of 1.45.

Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings data on Tuesday, May 20th. The construction company reported $3.50 EPS for the quarter, beating analysts' consensus estimates of $2.86 by $0.64. The business had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.50 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The firm's quarterly revenue was down 3.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.38 EPS. On average, equities research analysts anticipate that Toll Brothers 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. Shareholders of record on Friday, April 11th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, April 11th. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a yield of 0.92%. Toll Brothers's dividend payout ratio (DPR) is 7.42%.

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.