TCW Group Inc. Increases Stock Holdings in Toll Brothers, Inc. (NYSE:TOL)

TCW Group Inc. increased its stake in shares of Toll Brothers, Inc. (NYSE:TOL) by 0.2% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 78,115 shares of the construction company’s stock after acquiring an additional 141 shares during the period. TCW Group Inc. owned approximately 0.08% of Toll Brothers worth $9,839,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TOL. Larson Financial Group LLC grew its stake in shares of Toll Brothers by 57.9% during the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock valued at $28,000 after acquiring an additional 66 shares in the last quarter. First Trust Direct Indexing L.P. grew its stake in Toll Brothers by 1.4% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock valued at $786,000 after purchasing an additional 72 shares in the last quarter. Nilsine Partners LLC increased its holdings in Toll Brothers by 0.5% during the 4th quarter. Nilsine Partners LLC now owns 19,319 shares of the construction company’s stock worth $2,433,000 after purchasing an additional 88 shares during the last quarter. Versant Capital Management Inc increased its holdings in Toll Brothers by 15.1% during the 4th quarter. Versant Capital Management Inc now owns 700 shares of the construction company’s stock worth $88,000 after purchasing an additional 92 shares during the last quarter. Finally, CIBC Asset Management Inc boosted its stake in shares of Toll Brothers by 3.7% during the 3rd quarter. CIBC Asset Management Inc now owns 3,054 shares of the construction company’s stock valued at $472,000 after buying an additional 109 shares during the last quarter. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Performance

TOL stock opened at $111.45 on Monday. The stock’s fifty day moving average is $128.57 and its two-hundred day moving average is $141.49. The stock has a market capitalization of $11.13 billion, a price-to-earnings ratio of 7.67, a PEG ratio of 1.02 and a beta of 1.76. 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, Inc. has a 1 year low of $107.79 and a 1 year high of $169.52.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (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 for the quarter, compared to analyst estimates of $1.91 billion. On average, research analysts predict that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend

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

Analysts Set New Price Targets

TOL has been the subject of a number of research analyst reports. Oppenheimer dropped their price target on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday. Barclays dropped their target price on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Wells Fargo & Company reduced their price target on shares of Toll Brothers from $170.00 to $150.00 and set an “overweight” rating on the stock in a research report on Thursday. Bank of America cut their price objective on Toll Brothers from $156.00 to $140.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, The Goldman Sachs Group decreased their target price on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating for the company in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and an average target price of $150.86.

Insider Buying and Selling at Toll Brothers

In related news, 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 in the company, valued at $2,599,311.26. This represents a 35.08 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $134.14, for a total transaction of $514,695.18. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 15,202 shares of company stock valued at $1,947,436 in the last quarter. Corporate insiders own 1.54% of the company’s stock.

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.