Quantitative Systematic Strategies LLC Has $216,000 Stock Holdings in Toll Brothers, Inc. (NYSE:TOL)

Quantitative Systematic Strategies LLC lessened its position in Toll Brothers, Inc. (NYSE:TOL) by 28.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,438 shares of the construction company’s stock after selling 1,808 shares during the period. Quantitative Systematic Strategies LLC’s holdings in Toll Brothers were worth $216,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Prospera Financial Services Inc acquired a new stake in shares of Toll Brothers in the 3rd quarter valued at $31,000. Huntington National Bank boosted its stake in shares of Toll Brothers by 46.3% in the 3rd quarter. Huntington National Bank now owns 736 shares of the construction company’s stock valued at $36,000 after purchasing an additional 233 shares in the last quarter. Meeder Asset Management Inc. boosted its stake in shares of Toll Brothers by 83.3% in the 3rd quarter. Meeder Asset Management Inc. now owns 737 shares of the construction company’s stock valued at $36,000 after purchasing an additional 335 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of Toll Brothers by 166.7% in the 3rd quarter. Steward Partners Investment Advisory LLC now owns 800 shares of the construction company’s stock valued at $39,000 after purchasing an additional 500 shares in the last quarter. Finally, Exane Derivatives lifted its position in Toll Brothers by 2,377.8% during the 3rd quarter. Exane Derivatives now owns 1,784 shares of the construction company’s stock worth $87,000 after buying an additional 1,712 shares in the last quarter. Institutional investors own 82.26% of the company’s stock.

Shares of TOL stock opened at $47.07 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 6.34 and a quick ratio of 1.02. The stock has a market cap of $5.94 billion, a PE ratio of 14.22, a price-to-earnings-growth ratio of 4.25 and a beta of 1.65. The stock has a 50-day moving average of $46.75 and a 200-day moving average of $38.85. Toll Brothers, Inc. has a one year low of $13.28 and a one year high of $50.42.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, August 25th. The construction company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.21. The company had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Toll Brothers had a return on equity of 9.38% and a net margin of 6.51%. Toll Brothers’s revenue was down 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.00 EPS. As a group, research analysts anticipate that Toll Brothers, Inc. will post 3.04 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, October 23rd. Stockholders of record on Friday, October 9th were paid a $0.11 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.93%. Toll Brothers’s dividend payout ratio (DPR) is presently 10.92%.

In other news, Director Carl B. Marbach sold 32,000 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $44.87, for a total value of $1,435,840.00. Following the completion of the sale, the director now directly owns 106,085 shares of the company’s stock, valued at approximately $4,760,033.95. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Martin P. Connor sold 10,000 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were sold at an average price of $48.03, for a total value of $480,300.00. Following the completion of the sale, the chief financial officer now directly owns 50,169 shares of the company’s stock, valued at $2,409,617.07. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 372,458 shares of company stock valued at $16,646,792. 10.94% of the stock is currently owned by company insiders.

TOL has been the topic of several research reports. Raymond James upgraded shares of Toll Brothers from a “market perform” rating to an “outperform” rating and set a $55.00 price target on the stock in a research report on Monday, October 26th. Barclays upped their price target on shares of Toll Brothers from $43.00 to $45.00 and gave the stock an “underweight” rating in a research report on Tuesday, September 22nd. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of Toll Brothers from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Tuesday, August 18th. JPMorgan Chase & Co. upped their price target on shares of Toll Brothers from $36.50 to $50.00 and gave the stock an “underweight” rating in a research report on Thursday, October 8th. Finally, TheStreet upgraded shares of Toll Brothers from a “c+” rating to a “b-” rating in a research report on Monday, September 28th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the stock. Toll Brothers has an average rating of “Hold” and a consensus price target of $43.82.

About Toll Brothers

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company operates in two segments, Traditional Home Building and City Living. It also designs, builds, markets, and sells homes in urban infill markets through Toll Brothers City Living.

Further Reading: Mutual Funds

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Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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