Toll Brothers (NYSE:TOL) Downgraded to Sell Rating by StockNews.com

Toll Brothers (NYSE:TOL) was downgraded by stock analysts at StockNews.com from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Monday.

Several other research analysts have also issued reports on TOL. Wedbush reaffirmed an “outperform” rating and set a $175.00 target price on shares of Toll Brothers in a research report on Friday, February 14th. Seaport Res Ptn upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, January 27th. The Goldman Sachs Group reduced their target price on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Wells Fargo & Company decreased their target price on shares of Toll Brothers from $170.00 to $150.00 and set an “overweight” rating for the company in a research report on Thursday, February 20th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $150.00 price target (down previously from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Two analysts have rated the stock with a sell rating, five have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $147.57.

Toll Brothers Trading Down 2.9 %

Shares of NYSE:TOL traded down $3.24 during midday trading on Monday, hitting $108.40. 2,306,902 shares of the stock were exchanged, compared to its average volume of 1,405,680. The business’s 50-day moving average price is $126.55 and its 200 day moving average price is $140.80. The stock has a market capitalization of $10.83 billion, a price-to-earnings ratio of 7.46, a P/E/G ratio of 1.02 and a beta of 1.76. Toll Brothers has a 12 month low of $107.86 and a 12 month high of $169.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.80 and a current ratio of 4.65.

Toll Brothers (NYSE:TOL) last posted its 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 business had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.91 billion. Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. Analysts predict that Toll Brothers will post 13.83 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Christine Garvey sold 204 shares of the business’s stock in a transaction dated Monday, December 30th. The shares were 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 of the company’s stock, 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 at this link. Also, Director Paul E. Shapiro sold 3,837 shares of the 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 sale, the director now directly owns 119,937 shares of the company’s stock, valued at $16,088,349.18. The trade was a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,622 shares of company stock worth $1,993,880. Corporate insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ORG Partners LLC bought a new stake in Toll Brothers in the fourth quarter worth about $25,000. Capital Performance Advisors LLP bought a new stake in shares of Toll Brothers in the 3rd quarter worth approximately $27,000. Brooklyn Investment Group purchased a new position in shares of Toll Brothers during the 3rd quarter valued at $27,000. Lee Danner & Bass Inc. purchased a new stake in Toll Brothers during the fourth quarter valued at about $27,000. Finally, Larson Financial Group LLC boosted its holdings in Toll Brothers by 57.9% in the 3rd quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after buying an additional 66 shares during the period. Hedge funds and other institutional investors own 91.76% 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.