Toll Brothers, Inc. (NYSE:TOL) Shares Purchased by Northstar Advisory Group LLC

Northstar Advisory Group LLC raised its position in Toll Brothers, Inc. (NYSE:TOL) by 8.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,040 shares of the construction company’s stock after purchasing an additional 1,103 shares during the quarter. Northstar Advisory Group LLC’s holdings in Toll Brothers were worth $1,443,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in TOL. Vanguard Group Inc. boosted its holdings in Toll Brothers by 9.1% during the first quarter. Vanguard Group Inc. now owns 11,623,797 shares of the construction company’s stock worth $546,551,000 after buying an additional 968,528 shares in the last quarter. Greenhaven Associates Inc. boosted its stake in shares of Toll Brothers by 0.3% during the 3rd quarter. Greenhaven Associates Inc. now owns 5,553,907 shares of the construction company’s stock valued at $410,767,000 after buying an additional 15,960 shares during the period. State Street Corp raised its holdings in shares of Toll Brothers by 1.1% during the 1st quarter. State Street Corp now owns 4,070,929 shares of the construction company’s stock valued at $191,415,000 after purchasing an additional 45,004 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Toll Brothers by 10.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,773,505 shares of the construction company’s stock valued at $177,444,000 after purchasing an additional 353,364 shares in the last quarter. Finally, Millennium Management LLC raised its holdings in shares of Toll Brothers by 271.6% during the 4th quarter. Millennium Management LLC now owns 3,096,331 shares of the construction company’s stock valued at $154,569,000 after purchasing an additional 2,263,039 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TOL. UBS Group lifted their target price on shares of Toll Brothers from $96.00 to $112.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Wolfe Research upgraded shares of Toll Brothers from a “peer perform” rating to an “outperform” rating and set a $118.00 target price on the stock in a research report on Monday, January 8th. StockNews.com upgraded shares of Toll Brothers from a “hold” rating to a “buy” rating in a research report on Wednesday, February 21st. JPMorgan Chase & Co. lifted their target price on shares of Toll Brothers from $127.00 to $128.00 and gave the company an “overweight” rating in a research report on Friday, February 23rd. Finally, Wedbush reiterated a “neutral” rating and set a $87.00 target price on shares of Toll Brothers in a research report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating, two have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $110.27.

Insider Activity

In related news, CEO Douglas C. Jr. Yearley sold 50,000 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $118.85, for a total transaction of $5,942,500.00. Following the completion of the transaction, the chief executive officer now owns 346,382 shares in the company, valued at $41,167,500.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, CFO Martin P. Connor sold 5,000 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $116.05, for a total value of $580,250.00. Following the transaction, the chief financial officer now directly owns 49,721 shares of the company’s stock, valued at $5,770,122.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Douglas C. Jr. Yearley sold 50,000 shares of the stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $118.85, for a total transaction of $5,942,500.00. Following the completion of the transaction, the chief executive officer now directly owns 346,382 shares in the company, valued at $41,167,500.70. The disclosure for this sale can be found here. Insiders sold 75,000 shares of company stock worth $8,699,950 over the last quarter. 1.54% of the stock is currently owned by company insiders.

Toll Brothers Trading Up 0.5 %

TOL opened at $128.11 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.95 and a quick ratio of 0.65. The company has a market cap of $13.35 billion, a price-to-earnings ratio of 9.85, a price-to-earnings-growth ratio of 1.06 and a beta of 1.65. The firm has a 50 day simple moving average of $110.02 and a 200 day simple moving average of $93.71. Toll Brothers, Inc. has a fifty-two week low of $57.09 and a fifty-two week high of $128.21.

Toll Brothers (NYSE:TOL) last issued its earnings results on Wednesday, February 21st. The construction company reported $2.25 EPS for the quarter, beating the consensus estimate of $1.77 by $0.48. Toll Brothers had a net margin of 13.97% and a return on equity of 21.04%. The firm had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same quarter in the prior year, the firm earned $1.70 earnings per share. The business’s quarterly revenue was up 9.4% on a year-over-year basis. On average, sell-side analysts anticipate that Toll Brothers, Inc. will post 13.73 earnings per share for the current year.

Toll Brothers Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Friday, April 5th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Thursday, April 4th. This is a boost from Toll Brothers’s previous quarterly dividend of $0.21. Toll Brothers’s dividend payout ratio is 6.49%.

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.