Keeler Thomas Management LLC Sells 2,158 Shares of Toll Brothers, Inc. (NYSE:TOL)

Keeler Thomas Management LLC reduced its stake in Toll Brothers, Inc. (NYSE:TOL) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,012 shares of the construction company’s stock after selling 2,158 shares during the period. Keeler Thomas Management LLC’s holdings in Toll Brothers were worth $3,150,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Shariaportfolio Inc. grew its stake in shares of Toll Brothers by 14.2% in the 4th quarter. Shariaportfolio Inc. now owns 16,720 shares of the construction company’s stock valued at $2,106,000 after purchasing an additional 2,078 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Toll Brothers during the 4th quarter worth approximately $2,424,000. Navellier & Associates Inc. grew its position in Toll Brothers by 6.1% during the 4th quarter. Navellier & Associates Inc. now owns 94,321 shares of the construction company’s stock worth $11,880,000 after acquiring an additional 5,415 shares during the last quarter. Paradigm Asset Management Co. LLC bought a new stake in Toll Brothers during the 4th quarter worth approximately $189,000. Finally, Forte Capital LLC ADV grew its position in Toll Brothers by 61.7% during the 4th quarter. Forte Capital LLC ADV now owns 8,100 shares of the construction company’s stock worth $1,020,000 after acquiring an additional 3,090 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on TOL. Wedbush restated an “outperform” rating and set a $175.00 price target on shares of Toll Brothers in a research report on Friday, February 14th. Evercore ISI increased their price target on Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. UBS Group decreased their price objective on Toll Brothers from $185.00 to $183.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Oppenheimer decreased their price objective on Toll Brothers from $189.00 to $165.00 and set an “outperform” rating on the stock in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $150.00 price objective (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and an average price target of $150.86.

Insider Buying and Selling

In related news, Director Christine Garvey sold 204 shares of the firm’s stock in a transaction 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 sale, the director now owns 7,728 shares of the company’s stock, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Martin P. Connor sold 11,140 shares of the firm’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total value of $1,404,419.80. Following the sale, the chief financial officer now directly owns 20,618 shares in the company, valued at $2,599,311.26. The trade was a 35.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 15,202 shares of company stock valued at $1,947,436. 1.54% of the stock is owned by company insiders.

Toll Brothers Stock Performance

TOL stock opened at $110.58 on Tuesday. The business’s fifty day moving average is $128.09 and its 200-day moving average is $141.38. The company has a quick ratio of 0.80, a current ratio of 4.65 and a debt-to-equity ratio of 0.35. The company has a market cap of $11.05 billion, a P/E ratio of 7.61, a price-to-earnings-growth ratio of 1.02 and a beta of 1.76. Toll Brothers, Inc. has a twelve month low of $108.86 and a twelve month high of $169.52.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings results 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). The company had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. Equities research analysts forecast that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.83%. The ex-dividend date was Friday, January 10th. Toll Brothers’s payout ratio is presently 6.33%.

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.