Toll Brothers, Inc. (NYSE:TOL) Shares Acquired by Centiva Capital LP

Centiva Capital LP boosted its position in shares of Toll Brothers, Inc. (NYSE:TOL) by 13.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,357 shares of the construction company’s stock after acquiring an additional 2,114 shares during the quarter. Centiva Capital LP’s holdings in Toll Brothers were worth $2,186,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other news, Director Christine Garvey sold 420 shares of the company’s stock in a transaction on Monday, February 24th. The shares were 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.54% of the stock is currently owned by insiders.

Toll Brothers Stock Down 2.2 %

Toll Brothers stock opened at $101.67 on Wednesday. The stock has a 50 day moving average of $102.12 and a two-hundred day moving average of $125.71. Toll Brothers, Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The stock has a market capitalization of $10.16 billion, a price-to-earnings ratio of 7.00, a PEG ratio of 1.02 and a beta of 1.45. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share 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 analysts’ expectations 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Friday, April 11th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.23. Toll Brothers’s payout ratio is currently 6.88%.

Analyst Ratings Changes

TOL has been the topic of a number of analyst reports. The Goldman Sachs Group reduced their price objective on shares of Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Oppenheimer decreased their price target on Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. UBS Group dropped their price objective on Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a report on Thursday, February 20th. Wells Fargo & Company decreased their target price on Toll Brothers from $150.00 to $120.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Finally, Wedbush reiterated an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $144.79.

Toll Brothers 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.