Leuthold Group LLC Sells 5,450 Shares of Toll Brothers, Inc. (NYSE:TOL)

Leuthold Group LLC lessened its position in shares of Toll Brothers, Inc. (NYSE:TOL) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 66,843 shares of the construction company’s stock after selling 5,450 shares during the quarter. Leuthold Group LLC’s holdings in Toll Brothers were worth $8,419,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of TOL. Larson Financial Group LLC lifted its holdings in shares of Toll Brothers by 57.9% during the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after purchasing an additional 66 shares during the last quarter. First Trust Direct Indexing L.P. raised its stake in Toll Brothers by 1.4% in the third quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock valued at $786,000 after buying an additional 72 shares during the last quarter. Nilsine Partners LLC boosted its holdings in Toll Brothers by 0.5% in the fourth quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company’s stock worth $2,433,000 after acquiring an additional 88 shares in the last quarter. Versant Capital Management Inc grew its stake in shares of Toll Brothers by 15.1% during the fourth quarter. Versant Capital Management Inc now owns 700 shares of the construction company’s stock worth $88,000 after acquiring an additional 92 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in shares of Toll Brothers by 3.7% during the third quarter. CIBC Asset Management Inc now owns 3,054 shares of the construction company’s stock valued at $472,000 after acquiring an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Wall Street Analyst Weigh In

TOL has been the subject of a number of research analyst reports. Keefe, Bruyette & Woods cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating and decreased their price target for the stock from $168.00 to $164.00 in a report on Tuesday, December 10th. Wells Fargo & Company lowered their price target on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research report on Thursday. Bank of America cut their price objective on Toll Brothers from $156.00 to $140.00 and set a “buy” rating on the stock in a report on Thursday. Barclays dropped their target price on Toll Brothers from $135.00 to $115.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Finally, Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $150.86.

Toll Brothers Price Performance

NYSE:TOL opened at $111.45 on Friday. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. Toll Brothers, Inc. has a 52 week low of $107.79 and a 52 week high of $169.52. The stock’s 50-day moving average price is $129.02 and its 200-day moving average price is $141.40. The stock has a market capitalization of $11.13 billion, a PE ratio of 7.67, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last posted 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). The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.91 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. As a group, equities analysts expect that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal 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. This represents a $0.92 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s dividend payout ratio is presently 6.33%.

Insider Buying and Selling at Toll Brothers

In related news, Director Christine Garvey sold 204 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The stock was 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 directly owns 7,728 shares in the company, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the transaction, the director now owns 119,937 shares in the company, valued at $16,088,349.18. The trade was a 3.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,202 shares of company stock valued at $1,947,436 over the last ninety days. Corporate insiders own 1.54% of the company’s stock.

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.