DiNuzzo Private Wealth Inc. Purchases 250 Shares of Toll Brothers, Inc. (NYSE:TOL)

DiNuzzo Private Wealth Inc. lifted its holdings in Toll Brothers, Inc. (NYSE:TOL) by 806.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 281 shares of the construction company’s stock after acquiring an additional 250 shares during the period. DiNuzzo Private Wealth Inc.’s holdings in Toll Brothers were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TOL. Envestnet Asset Management Inc. lifted its stake in Toll Brothers by 4.5% in the second quarter. Envestnet Asset Management Inc. now owns 27,243 shares of the construction company’s stock valued at $3,138,000 after buying an additional 1,162 shares during the period. Mackenzie Financial Corp lifted its position in shares of Toll Brothers by 44.9% during the 2nd quarter. Mackenzie Financial Corp now owns 54,930 shares of the construction company’s stock valued at $6,327,000 after acquiring an additional 17,016 shares during the period. Creative Planning boosted its stake in Toll Brothers by 14.1% during the second quarter. Creative Planning now owns 9,260 shares of the construction company’s stock worth $1,067,000 after acquiring an additional 1,147 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Toll Brothers by 22.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,569 shares of the construction company’s stock worth $181,000 after purchasing an additional 290 shares during the period. Finally, Quarry LP bought a new stake in Toll Brothers in the second quarter valued at $91,000. 91.76% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $134.14, for a total value of $514,695.18. Following the completion of the transaction, the director now directly owns 119,937 shares of the company’s stock, valued at $16,088,349.18. This trade represents a 3.10 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Christine Garvey sold 204 shares of the business’s stock in a transaction 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 sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. The trade was a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 15,202 shares of company stock worth $1,947,436 over the last quarter. 1.54% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Evercore ISI boosted their target price on Toll Brothers from $181.00 to $184.00 and gave the company an “outperform” rating in a research report on Wednesday, December 11th. Royal Bank of Canada increased their target price on Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, December 11th. Keefe, Bruyette & Woods downgraded shares of Toll Brothers from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $168.00 to $164.00 in a report on Tuesday, December 10th. JPMorgan Chase & Co. reissued a “neutral” rating and set a $150.00 target price (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Finally, Seaport Res Ptn upgraded Toll Brothers from a “strong sell” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, six have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $156.00.

Toll Brothers Stock Down 1.7 %

TOL opened at $137.52 on Wednesday. The company’s 50-day moving average price is $138.97 and its two-hundred day moving average price is $142.37. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37. Toll Brothers, Inc. has a twelve month low of $97.45 and a twelve month high of $169.52. The stock has a market cap of $13.76 billion, a price-to-earnings ratio of 9.15, a PEG ratio of 1.04 and a beta of 1.74.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 earnings per share for the quarter, beating the consensus estimate of $4.34 by $0.29. The business had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.17 billion. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. Toll Brothers’s revenue was up 10.4% compared to the same quarter last year. During the same period in the prior year, the company earned $4.11 earnings per share. As a group, equities analysts expect that Toll Brothers, Inc. will post 14.25 earnings per share for the current year.

Toll Brothers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 0.67%. The ex-dividend date of this dividend was 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.