7,500 Shares in Toll Brothers Inc. $TOL Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd bought a new position in Toll Brothers Inc. (NYSE:TOL) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 7,500 shares of the construction company’s stock, valued at approximately $856,000.

A number of other institutional investors have also recently made changes to their positions in TOL. California Public Employees Retirement System grew its stake in shares of Toll Brothers by 2.3% in the second quarter. California Public Employees Retirement System now owns 173,567 shares of the construction company’s stock worth $19,809,000 after acquiring an additional 3,820 shares during the period. Cerity Partners LLC boosted its holdings in Toll Brothers by 102.6% in the second quarter. Cerity Partners LLC now owns 77,775 shares of the construction company’s stock worth $8,876,000 after purchasing an additional 39,390 shares during the last quarter. Brown Advisory Inc. boosted its holdings in Toll Brothers by 4.6% in the second quarter. Brown Advisory Inc. now owns 4,212 shares of the construction company’s stock worth $481,000 after purchasing an additional 186 shares during the last quarter. EverSource Wealth Advisors LLC grew its position in Toll Brothers by 1,816.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,143 shares of the construction company’s stock worth $359,000 after purchasing an additional 2,979 shares during the period. Finally, Riverview Capital Advisers LLC purchased a new stake in Toll Brothers during the 2nd quarter valued at $2,785,000. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Analysts Set New Price Targets

TOL has been the topic of several research analyst reports. BTIG Research assumed coverage on Toll Brothers in a report on Monday, December 1st. They set a “neutral” rating on the stock. Wedbush reiterated an “outperform” rating and set a $165.00 price objective on shares of Toll Brothers in a research report on Thursday, September 18th. Bank of America dropped their target price on Toll Brothers from $155.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, October 10th. Evercore ISI restated an “in-line” rating and set a $160.00 price target (down from $169.00) on shares of Toll Brothers in a research note on Tuesday, October 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $140.00 price target on shares of Toll Brothers in a research report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and an average target price of $151.79.

Toll Brothers Stock Performance

TOL opened at $139.65 on Friday. The firm has a market cap of $13.46 billion, a P/E ratio of 10.30, a PEG ratio of 1.67 and a beta of 1.39. Toll Brothers Inc. has a 1-year low of $86.67 and a 1-year high of $149.79. The company has a 50 day simple moving average of $134.88 and a two-hundred day simple moving average of $128.17. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.51.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $3.32 billion. During the same quarter in the previous year, the business earned $4.63 earnings per share. The firm’s revenue for the quarter was up 2.7% on a year-over-year basis. Equities analysts forecast that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 24th. Shareholders of record on Friday, October 10th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is currently 7.37%.

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.