Captrust Financial Advisors Has $502,000 Holdings in Toll Brothers, Inc. (NYSE:TOL)

Captrust Financial Advisors decreased its position in shares of Toll Brothers, Inc. (NYSE:TOL) by 3.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,252 shares of the construction company’s stock after selling 113 shares during the quarter. Captrust Financial Advisors’ holdings in Toll Brothers were worth $502,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Larson Financial Group LLC lifted its position in Toll Brothers by 57.9% during the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after purchasing an additional 66 shares during the period. First Trust Direct Indexing L.P. lifted its position in Toll Brothers by 1.4% during the third quarter. First Trust Direct Indexing L.P. now owns 5,089 shares of the construction company’s stock worth $786,000 after purchasing an additional 72 shares during the period. Fifth Third Bancorp raised its stake in Toll Brothers by 11.2% during the second quarter. Fifth Third Bancorp now owns 814 shares of the construction company’s stock worth $94,000 after acquiring an additional 82 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in Toll Brothers by 3.7% during the third quarter. First Citizens Bank & Trust Co. now owns 2,351 shares of the construction company’s stock worth $363,000 after acquiring an additional 83 shares in the last quarter. Finally, Clifford Swan Investment Counsel LLC raised its stake in Toll Brothers by 5.1% during the second quarter. Clifford Swan Investment Counsel LLC now owns 1,839 shares of the construction company’s stock worth $212,000 after acquiring an additional 89 shares in the last quarter. Institutional investors own 91.76% of the company’s stock.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, CEO Douglas C. Jr. Yearley sold 50,000 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $154.51, for a total transaction of $7,725,500.00. Following the transaction, the chief executive officer now directly owns 246,382 shares in the company, valued at approximately $38,068,482.82. This trade represents a 16.87 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Martin P. Connor sold 5,000 shares of the firm’s stock in a transaction on Friday, September 27th. The shares were sold at an average price of $155.44, for a total value of $777,200.00. Following the sale, the chief financial officer now directly owns 9,721 shares of the company’s stock, valued at approximately $1,511,032.24. This represents a 33.97 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 106,000 shares of company stock worth $16,435,800. Corporate insiders own 1.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on TOL. Bank of America boosted their target price on Toll Brothers from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, September 19th. Keefe, Bruyette & Woods downgraded Toll Brothers from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $168.00 to $164.00 in a research note on Tuesday. Wedbush reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a research note on Wednesday. Royal Bank of Canada upped their price objective on Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, StockNews.com downgraded Toll Brothers from a “buy” rating to a “hold” rating in a research note on Wednesday, September 11th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Toll Brothers presently has an average rating of “Moderate Buy” and an average price target of $151.07.

Toll Brothers Price Performance

Shares of TOL opened at $138.38 on Friday. Toll Brothers, Inc. has a 12-month low of $91.92 and a 12-month high of $169.52. The business’s fifty day moving average is $153.40 and its 200 day moving average is $139.08. The company has a quick ratio of 0.57, a current ratio of 4.52 and a debt-to-equity ratio of 0.38. The stock has a market cap of $13.97 billion, a P/E ratio of 9.21, a P/E/G ratio of 1.16 and a beta of 1.69.

Toll Brothers (NYSE:TOL) last issued its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a return on equity of 19.82% and a net margin of 14.63%. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same period last year, the business earned $4.11 EPS. Toll Brothers’s quarterly revenue was up 10.4% compared to the same quarter last year. Sell-side analysts anticipate that Toll Brothers, Inc. will post 13.52 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Friday, January 10th. Toll Brothers’s dividend payout ratio (DPR) is presently 6.12%.

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.