3,185 Shares in Toll Brothers, Inc. (NYSE:TOL) Bought by Callan Family Office LLC

Callan Family Office LLC purchased a new stake in shares of Toll Brothers, Inc. (NYSE:TOL) during the fourth quarter, Holdings Channel reports. The firm purchased 3,185 shares of the construction company’s stock, valued at approximately $401,000.

Other large investors have also added to or reduced their stakes in the company. ORG Partners LLC bought a new position in shares of Toll Brothers during the 4th quarter valued at about $25,000. Capital Performance Advisors LLP bought a new stake in Toll Brothers in the 3rd quarter worth approximately $27,000. Brooklyn Investment Group purchased a new stake in Toll Brothers in the third quarter worth approximately $27,000. Larson Financial Group LLC grew 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 valued at $28,000 after acquiring an additional 66 shares during the last quarter. Finally, Promus Capital LLC purchased a new position in shares of Toll Brothers during the fourth quarter worth approximately $29,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Down 1.6 %

Shares of Toll Brothers stock opened at $109.40 on Monday. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. Toll Brothers, Inc. has a 12-month low of $105.73 and a 12-month high of $169.52. The company has a market cap of $10.88 billion, a P/E ratio of 7.53, a PEG ratio of 1.02 and a beta of 1.77. The company’s fifty day simple moving average is $125.14 and its two-hundred day simple moving average is $140.11.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.99 by ($0.24). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.91 billion. Research analysts anticipate that Toll Brothers, Inc. will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 24th. Stockholders of record on Friday, January 10th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date was Friday, January 10th. Toll Brothers’s payout ratio is presently 6.33%.

Insider Activity at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,837 shares of Toll Brothers stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $134.14, for a total transaction 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Christine Garvey sold 204 shares of the company’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the completion of the sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 15,622 shares of company stock worth $1,993,880 over the last ninety days. 1.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TOL. Oppenheimer cut their price objective on shares of Toll Brothers from $189.00 to $165.00 and set an “outperform” rating for the company in a research note on Thursday, February 20th. Barclays cut their price target on shares of Toll Brothers from $115.00 to $101.00 and set an “underweight” rating for the company in a research report on Tuesday, February 25th. Keefe, Bruyette & Woods decreased their price objective on Toll Brothers from $164.00 to $132.00 and set a “market perform” rating on the stock in a report on Tuesday, February 25th. StockNews.com cut Toll Brothers from a “hold” rating to a “sell” rating in a report on Monday, March 3rd. Finally, The Goldman Sachs Group decreased their price target on Toll Brothers from $143.00 to $125.00 and set a “neutral” rating on the stock in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $147.57.

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.