Blue Trust Inc. Has $105,000 Holdings in Toll Brothers, Inc. (NYSE:TOL)

Blue Trust Inc. increased its holdings in shares of Toll Brothers, Inc. (NYSE:TOL) by 136.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 834 shares of the construction company’s stock after purchasing an additional 481 shares during the quarter. Blue Trust Inc.’s holdings in Toll Brothers were worth $105,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Fiduciary Alliance LLC bought a new position in shares of Toll Brothers in the fourth quarter worth about $1,117,000. Franklin Resources Inc. boosted its position in Toll Brothers by 5.4% during the 3rd quarter. Franklin Resources Inc. now owns 180,023 shares of the construction company’s stock worth $27,659,000 after buying an additional 9,195 shares during the period. World Investment Advisors LLC bought a new stake in Toll Brothers during the 3rd quarter worth approximately $12,506,000. Chartwell Investment Partners LLC increased its position in Toll Brothers by 66.5% in the 3rd quarter. Chartwell Investment Partners LLC now owns 35,295 shares of the construction company’s stock valued at $5,453,000 after acquiring an additional 14,092 shares during the period. Finally, Avior Wealth Management LLC raised its position in shares of Toll Brothers by 4,894.1% during the third quarter. Avior Wealth Management LLC now owns 3,396 shares of the construction company’s stock worth $525,000 after acquiring an additional 3,328 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TOL has been the topic of several recent analyst reports. Royal Bank of Canada boosted their target price on shares of Toll Brothers from $143.00 to $150.00 and gave the company an “outperform” rating in a report on Wednesday, December 11th. Evercore ISI raised their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Wedbush restated an “outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, December 11th. Oppenheimer reiterated an “outperform” rating and set a $189.00 price target on shares of Toll Brothers in a research note on Thursday, December 12th. Finally, UBS Group dropped their price objective on Toll Brothers from $192.00 to $185.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Toll Brothers presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.00.

Toll Brothers Stock Down 1.7 %

Shares of Toll Brothers stock opened at $132.70 on Friday. The company’s 50 day moving average price is $136.04 and its 200-day moving average price is $142.53. Toll Brothers, Inc. has a 52-week low of $98.54 and a 52-week high of $169.52. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.80 and a current ratio of 4.92. The stock has a market capitalization of $13.26 billion, a price-to-earnings ratio of 8.83, a P/E/G ratio of 1.17 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last posted its earnings results on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. The company had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.17 billion. Toll Brothers had a net margin of 14.48% and a return on equity of 19.64%. Toll Brothers’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $4.11 earnings per share. Equities research analysts forecast that Toll Brothers, Inc. will post 14.15 EPS for the current year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 24th. Investors of record on Friday, January 10th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.92 dividend on an annualized basis and a yield of 0.69%. Toll Brothers’s dividend payout ratio (DPR) is currently 6.12%.

Insider Buying and Selling at Toll Brothers

In related news, Director Christine Garvey sold 204 shares of the business’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the completion of the transaction, the director now directly owns 7,728 shares in the company, valued at $972,027.84. The trade was a 2.57 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Martin P. Connor sold 11,140 shares of Toll Brothers 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 completion of the sale, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. The trade was a 35.08 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 15,202 shares of company stock valued at $1,947,436. 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.