Toll Brothers, Inc. (NYSE:TOL – Get Free Report) Director John A. Mclean sold 1,000 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $151.10, for a total transaction of $151,100.00. Following the sale, the director now directly owns 9,944 shares in the company, valued at $1,502,538.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Toll Brothers Price Performance
TOL opened at $155.35 on Monday. The stock has a market cap of $15.69 billion, a price-to-earnings ratio of 10.61, a PEG ratio of 1.24 and a beta of 1.67. The stock has a fifty day moving average price of $139.96 and a 200 day moving average price of $127.72. Toll Brothers, Inc. has a 1 year low of $68.08 and a 1 year high of $156.00. The company has a current ratio of 4.52, a quick ratio of 0.57 and a debt-to-equity ratio of 0.38.
Toll Brothers (NYSE:TOL – Get Free Report) last issued its quarterly earnings data on Tuesday, August 20th. The construction company reported $3.60 earnings per share for the quarter, topping analysts’ consensus estimates of $3.31 by $0.29. The business had revenue of $2.73 billion during the quarter, compared to analysts’ expectations of $2.71 billion. Toll Brothers had a net margin of 14.63% and a return on equity of 19.82%. Toll Brothers’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the company earned $3.73 earnings per share. Analysts forecast that Toll Brothers, Inc. will post 13.51 EPS for the current fiscal year.
Toll Brothers Dividend Announcement
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Register Financial Advisors LLC bought a new position in Toll Brothers in the first quarter valued at approximately $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Toll Brothers during the 2nd quarter worth approximately $29,000. Contravisory Investment Management Inc. acquired a new position in Toll Brothers in the 1st quarter worth $34,000. Massmutual Trust Co. FSB ADV boosted its position in Toll Brothers by 114.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 266 shares of the construction company’s stock worth $31,000 after acquiring an additional 142 shares during the last quarter. Finally, Rise Advisors LLC bought a new position in Toll Brothers in the first quarter valued at $35,000. Institutional investors own 91.76% of the company’s stock.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Seaport Res Ptn downgraded Toll Brothers from a “hold” rating to a “strong sell” rating in a research note on Sunday, August 4th. Bank of America boosted their target price on Toll Brothers from $160.00 to $165.00 and gave the company a “buy” rating in a report on Thursday, September 19th. Wells Fargo & Company lifted their target price on shares of Toll Brothers from $163.00 to $170.00 and gave the company an “overweight” rating in a report on Friday. The Goldman Sachs Group upgraded Toll Brothers from a “sell” rating to a “neutral” rating and lifted their price target for the company from $112.00 to $124.00 in a research note on Monday, June 17th. Finally, Oppenheimer boosted their price objective on shares of Toll Brothers from $157.00 to $168.00 and gave the stock an “outperform” rating in a report on Thursday, August 22nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and a consensus price target of $145.67.
Read Our Latest Stock Report on Toll Brothers
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.
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