Several other equities analysts have also recently commented on the stock. Zacks Investment Research upgraded shares of Toll Brothers from a hold rating to a buy rating and set a $50.00 price target on the stock in a report on Tuesday, February 6th. ValuEngine raised shares of Toll Brothers from a buy rating to a strong-buy rating in a research note on Friday, February 2nd. Keefe, Bruyette & Woods reaffirmed a hold rating and issued a $55.00 price objective on shares of Toll Brothers in a research note on Wednesday, January 24th. Mizuho set a $58.00 price objective on shares of Toll Brothers and gave the company a buy rating in a research note on Thursday, January 18th. Finally, UBS Group reaffirmed a buy rating and issued a $58.00 price objective (up previously from $53.00) on shares of Toll Brothers in a research note on Wednesday, January 17th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. The company has an average rating of Buy and a consensus price target of $51.00.
Toll Brothers (NYSE TOL) opened at $45.10 on Tuesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.97 and a current ratio of 6.61. Toll Brothers has a fifty-two week low of $33.99 and a fifty-two week high of $52.73. The company has a market cap of $7,306.86, a price-to-earnings ratio of 14.14, a PEG ratio of 0.85 and a beta of 1.38.
In other Toll Brothers news, Director Richard J. Braemer sold 20,000 shares of the business’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $46.55, for a total transaction of $931,000.00. Following the completion of the transaction, the director now owns 82,873 shares of the company’s stock, valued at approximately $3,857,738.15. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Douglas C. Jr. Yearley sold 10,000 shares of the business’s stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $52.08, for a total transaction of $520,800.00. Following the transaction, the chief executive officer now directly owns 211,785 shares of the company’s stock, valued at approximately $11,029,762.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 115,950 shares of company stock valued at $5,841,012. Company insiders own 9.01% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in the business. Xact Kapitalforvaltning AB lifted its position in Toll Brothers by 12.1% during the 4th quarter. Xact Kapitalforvaltning AB now owns 13,868 shares of the construction company’s stock worth $666,000 after acquiring an additional 1,493 shares during the last quarter. BRYN MAWR TRUST Co acquired a new position in Toll Brothers during the 4th quarter worth $231,000. Sterling Capital Management LLC lifted its position in Toll Brothers by 70.2% during the 4th quarter. Sterling Capital Management LLC now owns 71,526 shares of the construction company’s stock worth $3,435,000 after acquiring an additional 29,500 shares during the last quarter. MetLife Investment Advisors LLC acquired a new position in Toll Brothers during the 4th quarter worth $4,472,000. Finally, Glenmede Trust Co. NA lifted its position in Toll Brothers by 3.1% during the 4th quarter. Glenmede Trust Co. NA now owns 57,814 shares of the construction company’s stock worth $2,775,000 after acquiring an additional 1,732 shares during the last quarter. 84.57% of the stock is owned by hedge funds and other institutional investors.
Toll Brothers Company Profile
Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.
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