Toll Brothers, Inc. (NYSE:TOL) is Sib LLC’s 10th Largest Position

Sib LLC lowered its position in Toll Brothers, Inc. (NYSE:TOL) by 3.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 65,397 shares of the construction company’s stock after selling 2,552 shares during the period. Toll Brothers comprises approximately 4.3% of Sib LLC’s holdings, making the stock its 10th largest position. Sib LLC owned 0.07% of Toll Brothers worth $8,237,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in TOL. ORG Partners LLC bought a new position in Toll Brothers during the 4th quarter valued at about $25,000. Capital Performance Advisors LLP purchased a new position in Toll Brothers during the 3rd quarter valued at $27,000. Brooklyn Investment Group bought a new position in Toll Brothers in the 3rd quarter valued at $27,000. Larson Financial Group LLC boosted 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 purchasing an additional 66 shares during the period. Finally, UMB Bank n.a. grew its stake in Toll Brothers by 323.4% in the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company’s stock worth $42,000 after acquiring an additional 207 shares in the last quarter. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Price Performance

Shares of NYSE TOL opened at $135.40 on Friday. 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 firm has a market cap of $13.55 billion, a PE ratio of 9.01, a PEG ratio of 0.94 and a beta of 1.74. Toll Brothers, Inc. has a one year low of $95.46 and a one year high of $169.52. The firm has a fifty day moving average of $141.28 and a 200 day moving average of $140.86.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping the consensus estimate of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The firm had revenue of $3.33 billion during the quarter, compared to analysts’ expectations of $3.17 billion. During the same period in the previous year, the business earned $4.11 earnings per share. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, research analysts predict that Toll Brothers, Inc. will post 14.25 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date of this dividend is Friday, January 10th. Toll Brothers’s dividend payout ratio is presently 6.12%.

Wall Street Analysts Forecast Growth

TOL has been the subject of several research reports. Oppenheimer reiterated an “outperform” rating and issued a $189.00 target price on shares of Toll Brothers in a report on Thursday, December 12th. Wells Fargo & Company boosted their price target on Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Citigroup decreased their price target on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Barclays reduced their price objective on shares of Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a research note on Thursday. Finally, Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $168.00 to $164.00 in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $156.64.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Paul E. Shapiro sold 3,837 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction of $514,695.18. Following the sale, the director now directly owns 119,937 shares in the company, valued at $16,088,349.18. This represents a 3.10 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Martin P. Connor sold 11,140 shares of the business’s stock in a transaction on Monday, December 30th. The stock was sold at an average price of $126.07, for a total transaction of $1,404,419.80. Following the completion of the transaction, the chief financial officer now owns 20,618 shares of the company’s stock, valued at approximately $2,599,311.26. This trade represents a 35.08 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 15,202 shares of company stock worth $1,947,436. 1.54% of the stock is currently owned by insiders.

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.