Toll Brothers Inc. $TOL Shares Purchased by Delphi Management Inc. MA

Delphi Management Inc. MA lifted its holdings in Toll Brothers Inc. (NYSE:TOL) by 8.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 10,291 shares of the construction company’s stock after purchasing an additional 766 shares during the period. Delphi Management Inc. MA’s holdings in Toll Brothers were worth $1,175,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TOL. Sound Income Strategies LLC lifted its stake in Toll Brothers by 84.2% in the first quarter. Sound Income Strategies LLC now owns 245 shares of the construction company’s stock worth $26,000 after acquiring an additional 112 shares during the last quarter. Brooklyn Investment Group lifted its stake in Toll Brothers by 52.8% in the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company’s stock worth $29,000 after acquiring an additional 94 shares during the last quarter. Larson Financial Group LLC lifted its stake in Toll Brothers by 152.6% in the first quarter. Larson Financial Group LLC now owns 293 shares of the construction company’s stock worth $31,000 after acquiring an additional 177 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Toll Brothers by 218.4% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 363 shares of the construction company’s stock worth $38,000 after acquiring an additional 249 shares during the last quarter. Finally, Operose Advisors LLC purchased a new position in Toll Brothers in the first quarter worth approximately $42,000. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In related news, Director Stephen F. East sold 2,500 shares of the company’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $115.33, for a total value of $288,325.00. Following the completion of the sale, the director owned 12,787 shares in the company, valued at $1,474,724.71. This represents a 16.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Robert Parahus sold 9,831 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $130.84, for a total transaction of $1,286,288.04. Following the completion of the sale, the chief operating officer owned 19,692 shares of the company’s stock, valued at approximately $2,576,501.28. This trade represents a 33.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 42,413 shares of company stock worth $5,746,216 over the last 90 days. Company insiders own 1.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on TOL shares. Seaport Res Ptn upgraded shares of Toll Brothers from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 23rd. UBS Group reiterated a “buy” rating on shares of Toll Brothers in a research note on Tuesday, May 20th. Royal Bank Of Canada lifted their price target on shares of Toll Brothers from $133.00 to $145.00 and gave the stock an “outperform” rating in a research note on Thursday, August 21st. Barclays restated an “underweight” rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Finally, Bank of America boosted their price objective on shares of Toll Brothers from $132.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $149.07.

Toll Brothers Stock Down 2.4%

Shares of NYSE:TOL opened at $143.48 on Friday. The company has a market capitalization of $13.83 billion, a PE ratio of 10.54, a P/E/G ratio of 0.97 and a beta of 1.33. The company has a current ratio of 4.38, a quick ratio of 0.51 and a debt-to-equity ratio of 0.36. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The firm has a 50 day simple moving average of $129.56 and a 200-day simple moving average of $113.59.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, August 19th. The construction company reported $3.73 EPS for the quarter, beating the consensus estimate of $3.59 by $0.14. Toll Brothers had a net margin of 12.64% and a return on equity of 17.42%. The firm had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter in the prior year, the firm earned $3.60 EPS. Toll Brothers’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, equities analysts predict that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were given a $0.25 dividend. The ex-dividend date was Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 0.7%. Toll Brothers’s dividend payout ratio is 7.35%.

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.