GDS Wealth Management Buys 9,297 Shares of Toll Brothers, Inc. (NYSE:TOL)

GDS Wealth Management raised its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 297.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 12,419 shares of the construction company’s stock after acquiring an additional 9,297 shares during the period. GDS Wealth Management’s holdings in Toll Brothers were worth $1,564,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Jennison Associates LLC lifted its stake in shares of Toll Brothers by 38.7% in the 4th quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company’s stock worth $154,449,000 after purchasing an additional 341,980 shares during the period. U.S. Capital Wealth Advisors LLC purchased a new stake in Toll Brothers in the 4th quarter worth approximately $244,000. Golden State Equity Partners increased its holdings in Toll Brothers by 441.7% in the 4th quarter. Golden State Equity Partners now owns 3,521 shares of the construction company’s stock worth $443,000 after acquiring an additional 2,871 shares in the last quarter. Precision Wealth Strategies LLC increased its holdings in Toll Brothers by 8.6% in the 4th quarter. Precision Wealth Strategies LLC now owns 3,092 shares of the construction company’s stock worth $389,000 after acquiring an additional 245 shares in the last quarter. Finally, Capital Insight Partners LLC increased its holdings in Toll Brothers by 7.1% in the 4th quarter. Capital Insight Partners LLC now owns 15,984 shares of the construction company’s stock worth $2,013,000 after acquiring an additional 1,065 shares in the last quarter. Institutional investors own 91.76% of the company’s stock.

Insider Transactions at Toll Brothers

In related news, Director Christine Garvey sold 204 shares of Toll Brothers stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total value of $25,659.12. Following the completion of the sale, the director now directly owns 7,728 shares in the company, valued at $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction dated 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. This trade represents a 3.10 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,202 shares of company stock worth $1,947,436. 1.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TOL has been the subject of several analyst reports. Seaport Res Ptn raised shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a report on Monday, January 27th. Oppenheimer reissued an “outperform” rating and issued a $189.00 target price on shares of Toll Brothers in a report on Thursday, December 12th. Barclays reduced their target price on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. UBS Group cut their price objective on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Finally, Evercore ISI increased their price objective on shares of Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and an average target price of $156.00.

Toll Brothers Trading Down 3.3 %

TOL stock opened at $131.32 on Tuesday. The firm has a market cap of $13.12 billion, a PE ratio of 8.74, a price-to-earnings-growth ratio of 1.17 and a beta of 1.76. The firm has a fifty day moving average price of $137.97 and a 200 day moving average price of $142.57. Toll Brothers, Inc. has a fifty-two week low of $97.45 and a fifty-two week high of $169.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period last year, the company earned $4.11 earnings per share. Toll Brothers’s revenue was up 10.4% on a year-over-year basis. Sell-side analysts anticipate that Toll Brothers, Inc. will post 14.15 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 annualized dividend and a dividend yield of 0.70%. Toll Brothers’s dividend payout ratio (DPR) is 6.12%.

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.