Vista Investment Partners II LLC Takes Position in Toll Brothers, Inc. (NYSE:TOL)

Vista Investment Partners II LLC acquired a new stake in Toll Brothers, Inc. (NYSE:TOL) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,632 shares of the construction company’s stock, valued at approximately $1,213,000.

Other hedge funds also recently modified their holdings of the company. Fiduciary Alliance LLC bought a new stake in shares of Toll Brothers in the fourth quarter valued at approximately $1,117,000. Franklin Resources Inc. boosted its position in shares of Toll Brothers by 5.4% in the third quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company’s stock valued at $27,659,000 after acquiring an additional 9,195 shares during the period. World Investment Advisors LLC bought a new stake in shares of Toll Brothers in the third quarter valued at approximately $12,506,000. Chartwell Investment Partners LLC boosted its position in shares of Toll Brothers by 66.5% in the third quarter. Chartwell Investment Partners LLC now owns 35,295 shares of the construction company’s stock valued at $5,453,000 after acquiring an additional 14,092 shares during the period. Finally, Avior Wealth Management LLC lifted its position in Toll Brothers by 4,894.1% in the third quarter. Avior Wealth Management LLC now owns 3,396 shares of the construction company’s stock worth $525,000 after purchasing an additional 3,328 shares during the period. 91.76% of the stock is owned by institutional investors.

Toll Brothers Stock Down 1.6 %

TOL opened at $109.40 on Monday. Toll Brothers, Inc. has a 1-year low of $105.73 and a 1-year high of $169.52. The stock’s fifty day simple moving average is $125.14 and its 200 day simple moving average is $140.11. 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 $10.88 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 1.02 and a beta of 1.77.

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 Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.84%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) is currently 6.33%.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 420 shares of the stock in a transaction dated Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the completion of the transaction, the director now directly owns 13,186 shares in the company, valued at approximately $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Martin P. Connor sold 11,140 shares of the stock in a transaction dated Monday, December 30th. The shares were sold at an average price of $126.07, for a total value of $1,404,419.80. Following the completion of the transaction, the chief financial officer now owns 20,618 shares of the company’s stock, valued at $2,599,311.26. This represents a 35.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,622 shares of company stock valued at $1,993,880. 1.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. Barclays reduced their target price on Toll Brothers from $115.00 to $101.00 and set an “underweight” rating for the company in a research report on Tuesday, February 25th. Wells Fargo & Company lowered their target price on Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research note on Thursday, February 20th. Bank of America lowered their target price on Toll Brothers from $156.00 to $140.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Citigroup dropped their price objective on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Finally, UBS Group dropped their price objective on Toll Brothers from $185.00 to $183.00 and set a “buy” rating for the company in a report on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $147.57.

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.