Keeler Thomas Management LLC Has $3.15 Million Stake in Toll Brothers, Inc. (NYSE:TOL)

Keeler Thomas Management LLC decreased its position in Toll Brothers, Inc. (NYSE:TOL) by 7.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 25,012 shares of the construction company’s stock after selling 2,158 shares during the period. Keeler Thomas Management LLC’s holdings in Toll Brothers were worth $3,150,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of TOL. Creative Planning raised its stake in shares of Toll Brothers by 11.5% in the 3rd quarter. Creative Planning now owns 10,323 shares of the construction company’s stock valued at $1,595,000 after purchasing an additional 1,063 shares during the period. Blue Trust Inc. raised its stake in shares of Toll Brothers by 111.4% in the 3rd quarter. Blue Trust Inc. now owns 353 shares of the construction company’s stock valued at $55,000 after purchasing an additional 186 shares during the period. Allspring Global Investments Holdings LLC raised its stake in shares of Toll Brothers by 74.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 582 shares of the construction company’s stock valued at $90,000 after purchasing an additional 249 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of Toll Brothers by 15.0% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 2,154 shares of the construction company’s stock valued at $333,000 after purchasing an additional 281 shares during the period. Finally, Private Advisor Group LLC raised its stake in shares of Toll Brothers by 9.1% in the 3rd quarter. Private Advisor Group LLC now owns 28,422 shares of the construction company’s stock valued at $4,391,000 after purchasing an additional 2,372 shares during the period. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Trading Down 0.8 %

Toll Brothers stock opened at $110.58 on Tuesday. Toll Brothers, Inc. has a 52 week low of $108.86 and a 52 week high of $169.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65. The stock has a market capitalization of $11.05 billion, a P/E ratio of 7.61, a PEG ratio of 1.02 and a beta of 1.76. The stock has a 50-day simple moving average of $128.09 and a 200 day simple moving average of $141.38.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.24). The company had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Analysts expect that Toll Brothers, Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a dividend of $0.23 per share. The ex-dividend date was Friday, January 10th. This represents a $0.92 annualized dividend and a yield of 0.83%. Toll Brothers’s dividend payout ratio (DPR) is presently 6.33%.

Insiders Place Their Bets

In other Toll Brothers news, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the completion of the sale, the director now directly owns 119,937 shares in the company, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christine Garvey sold 204 shares of Toll Brothers stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the sale, the director now owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,202 shares of company stock worth $1,947,436 over the last three months. Insiders own 1.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TOL shares. JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price objective (down previously from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Barclays decreased their price objective on Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Royal Bank of Canada decreased their price objective on Toll Brothers from $142.00 to $139.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Oppenheimer decreased their price objective on Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Finally, Bank of America decreased their price objective on Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $150.86.

About Toll Brothers

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.