Toll Brothers (NYSE:TOL) Director Paul Shapiro Sells 3,965 Shares of Stock

Toll Brothers Inc. (NYSE:TOLGet Free Report) Director Paul Shapiro sold 3,965 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the sale, the director owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. This trade represents a 3.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Toll Brothers Price Performance

NYSE:TOL opened at $146.64 on Friday. The company has a quick ratio of 0.64, a current ratio of 4.38 and a debt-to-equity ratio of 0.34. The business’s 50-day moving average price is $137.62 and its 200 day moving average price is $133.84. Toll Brothers Inc. has a 52-week low of $86.67 and a 52-week high of $150.59. The firm has a market cap of $13.93 billion, a P/E ratio of 10.81, a PEG ratio of 1.24 and a beta of 1.43.

Toll Brothers (NYSE:TOLGet Free Report) last posted its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 earnings per share for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. The business had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter last year, the business posted $4.63 EPS. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, sell-side analysts predict that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 23rd. Shareholders of record on Friday, January 9th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, January 9th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is currently 7.37%.

More Toll Brothers News

Here are the key news stories impacting Toll Brothers this week:

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. PFG Private Wealth Management LLC acquired a new stake in shares of Toll Brothers during the 4th quarter valued at about $226,000. Nilsine Partners LLC lifted its stake in Toll Brothers by 6.4% in the fourth quarter. Nilsine Partners LLC now owns 2,512 shares of the construction company’s stock valued at $340,000 after acquiring an additional 150 shares during the last quarter. Jamison Private Wealth Management Inc. grew its position in Toll Brothers by 2.2% in the fourth quarter. Jamison Private Wealth Management Inc. now owns 7,126 shares of the construction company’s stock worth $964,000 after acquiring an additional 151 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Toll Brothers by 25.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 108,379 shares of the construction company’s stock worth $14,694,000 after purchasing an additional 21,907 shares during the last quarter. Finally, Baron Wealth Management LLC bought a new position in shares of Toll Brothers during the 4th quarter valued at $226,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TOL shares. Keefe, Bruyette & Woods decreased their price target on Toll Brothers from $145.00 to $143.00 and set a “market perform” rating for the company in a research report on Thursday, December 11th. Zacks Research cut shares of Toll Brothers from a “hold” rating to a “strong sell” rating in a report on Thursday, December 11th. Royal Bank Of Canada reduced their price target on shares of Toll Brothers from $145.00 to $144.00 and set an “outperform” rating for the company in a research report on Wednesday, December 10th. The Goldman Sachs Group lifted their price objective on shares of Toll Brothers from $140.00 to $156.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Evercore ISI reissued an “in-line” rating and set a $160.00 target price (down from $169.00) on shares of Toll Brothers in a research note on Tuesday, October 7th. Two research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Toll Brothers has a consensus rating of “Moderate Buy” and a consensus price target of $154.40.

Read Our Latest Stock Report on Toll Brothers

About Toll Brothers

(Get Free Report)

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.

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Insider Buying and Selling by Quarter for Toll Brothers (NYSE:TOL)

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