DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Decreases Stake in Toll Brothers, Inc. (NYSE:TOL)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lessened its holdings in Toll Brothers, Inc. (NYSE:TOL) by 18.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,236 shares of the construction company’s stock after selling 2,622 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main’s holdings in Toll Brothers were worth $1,415,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. ORG Partners LLC acquired a new stake in shares of Toll Brothers during the 4th quarter worth about $25,000. Lee Danner & Bass Inc. purchased a new stake in Toll Brothers during the fourth quarter worth approximately $27,000. Promus Capital LLC purchased a new stake in Toll Brothers in the fourth quarter valued at approximately $29,000. IAG Wealth Partners LLC raised its stake in shares of Toll Brothers by 1,034.8% during the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company’s stock worth $33,000 after purchasing an additional 238 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. raised its stake in shares of Toll Brothers by 806.5% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company’s stock worth $35,000 after purchasing an additional 250 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Stock Down 0.4%

TOL opened at $103.49 on Monday. Toll Brothers, Inc. has a 1-year low of $86.67 and a 1-year high of $169.52. The stock’s fifty day simple moving average is $101.74 and its 200 day simple moving average is $124.56. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The stock has a market cap of $10.34 billion, a PE ratio of 7.12, a price-to-earnings-growth ratio of 1.02 and a beta of 1.45.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data 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 firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. As a group, research analysts expect that Toll Brothers, Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.97%. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Friday, April 11th. Toll Brothers’s dividend payout ratio (DPR) is presently 6.88%.

Insider Transactions at Toll Brothers

In other news, Director Christine Garvey sold 420 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $110.58, for a total transaction of $46,443.60. Following the transaction, the director now directly owns 13,186 shares of the company’s stock, valued at $1,458,107.88. This represents a 3.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.54% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TOL has been the topic of several research reports. Royal Bank of Canada lowered their target price on Toll Brothers from $142.00 to $139.00 and set an “outperform” rating on the stock in a report on Thursday, February 20th. Keefe, Bruyette & Woods lowered their target price on Toll Brothers from $164.00 to $132.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. Wedbush restated an “outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a report on Friday, February 14th. Oppenheimer decreased their target price on Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a research report on Thursday, February 20th. Finally, Bank of America decreased their target price on Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $144.79.

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.