Toll Brothers Inc. (NYSE:TOL) Receives Consensus Rating of "Moderate Buy" from Analysts

Toll Brothers Inc. (NYSE:TOL - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the fourteen brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $142.6154.

TOL has been the subject of a number of recent research reports. Seaport Res Ptn raised shares of Toll Brothers from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 23rd. Keefe, Bruyette & Woods reduced their target price on shares of Toll Brothers from $132.00 to $120.00 and set a "market perform" rating for the company in a research report on Tuesday, May 20th. Barclays reissued an "underweight" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Wells Fargo & Company boosted their target price on shares of Toll Brothers from $140.00 to $150.00 and gave the company an "overweight" rating in a research report on Monday. Finally, Raymond James Financial reaffirmed a "strong-buy" rating and set a $130.00 price objective (down previously from $145.00) on shares of Toll Brothers in a research report on Friday, May 23rd.

Toll Brothers Stock Performance

Shares of Toll Brothers stock traded up $1.0050 during trading on Monday, reaching $132.1850. The company's stock had a trading volume of 2,907,617 shares, compared to its average volume of 1,453,662. The business's 50-day moving average price is $119.18 and its 200-day moving average price is $111.29. The firm has a market cap of $12.98 billion, a PE ratio of 9.81, a P/E/G ratio of 1.36 and a beta of 1.33. Toll Brothers has a 52 week low of $86.67 and a 52 week high of $169.52. The company has a quick ratio of 0.44, a current ratio of 4.21 and a debt-to-equity ratio of 0.35.

Toll Brothers (NYSE:TOL - Get Free Report) last announced its earnings results on Tuesday, August 19th. The construction company reported $3.73 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.59 by $0.14. Toll Brothers had a net margin of 12.95% and a return on equity of 17.87%. The business's revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.60 earnings per share. Equities analysts forecast that Toll Brothers will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 0.8%. Toll Brothers's dividend payout ratio is currently 7.42%.

Insider Buying and Selling

In related news, Director Stephen F. East sold 2,500 shares of the company's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $115.33, for a total transaction of $288,325.00. Following the completion of the sale, the director owned 12,787 shares of the company's stock, valued at $1,474,724.71. This represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Michael J. Grubb sold 500 shares of the company's stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $120.00, for a total transaction of $60,000.00. Following the sale, the chief accounting officer directly owned 2,439 shares of the company's stock, valued at $292,680. This represents a 17.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,770 shares of company stock valued at $440,586 over the last quarter. 1.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its stake in Toll Brothers by 4.2% during the second quarter. Advisory Services Network LLC now owns 29,676 shares of the construction company's stock worth $3,512,000 after acquiring an additional 1,200 shares in the last quarter. Old North State Trust LLC raised its stake in Toll Brothers by 26.9% during the second quarter. Old North State Trust LLC now owns 6,580 shares of the construction company's stock worth $751,000 after acquiring an additional 1,394 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Toll Brothers during the second quarter worth about $253,000. Castleark Management LLC raised its stake in Toll Brothers by 79.4% during the second quarter. Castleark Management LLC now owns 27,430 shares of the construction company's stock worth $3,131,000 after acquiring an additional 12,140 shares in the last quarter. Finally, Headlands Technologies LLC raised its stake in Toll Brothers by 56.8% during the second quarter. Headlands Technologies LLC now owns 33,366 shares of the construction company's stock worth $3,808,000 after acquiring an additional 12,089 shares in the last quarter. 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.