Toll Brothers Inc. (NYSE:TOL) President Richard T. Hartman sold 20,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $47.00, for a total value of $940,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Shares of Toll Brothers Inc. (TOL) opened at $47.00 on Friday. The company has a market capitalization of $7,400.00, a P/E ratio of 17.49, a P/E/G ratio of 1.01 and a beta of 1.55. Toll Brothers Inc. has a 12-month low of $28.93 and a 12-month high of $47.45. The company has a current ratio of 6.75, a quick ratio of 1.10 and a debt-to-equity ratio of 0.84.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Tuesday, August 22nd. The construction company reported $0.87 EPS for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.19. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.51 billion. Toll Brothers had a return on equity of 10.44% and a net margin of 8.12%. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $0.61 EPS. analysts anticipate that Toll Brothers Inc. will post 3.2 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Friday, October 13th were given a $0.08 dividend. The ex-dividend date was Thursday, October 12th. This represents a $0.32 dividend on an annualized basis and a yield of 0.68%. Toll Brothers’s payout ratio is 11.94%.

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Several research firms recently weighed in on TOL. Royal Bank Of Canada reissued a “buy” rating and set a $45.00 price objective on shares of Toll Brothers in a research report on Wednesday. KeyCorp raised Toll Brothers from a “sector weight” rating to an “overweight” rating and upped their price target for the company from $44.55 to $52.00 in a report on Thursday, November 2nd. They noted that the move was a valuation call. UBS AG began coverage on Toll Brothers in a report on Wednesday, October 25th. They issued a “buy” rating and a $50.00 price target for the company. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $47.00 price target on shares of Toll Brothers in a report on Friday, October 20th. Finally, Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $48.00 price target for the company in a report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $44.00.

A number of institutional investors and hedge funds have recently made changes to their positions in TOL. JPMorgan Chase & Co. boosted its position in Toll Brothers by 134.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,198,069 shares of the construction company’s stock valued at $294,978,000 after buying an additional 4,132,120 shares during the last quarter. Koch Industries Inc. acquired a new position in shares of Toll Brothers in the 2nd quarter valued at $1,177,000. Bank of New York Mellon Corp lifted its stake in shares of Toll Brothers by 56.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 3,128,341 shares of the construction company’s stock valued at $129,732,000 after purchasing an additional 1,124,409 shares during the period. FMR LLC lifted its stake in shares of Toll Brothers by 13.4% in the 2nd quarter. FMR LLC now owns 9,042,726 shares of the construction company’s stock valued at $357,278,000 after purchasing an additional 1,067,193 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new position in shares of Toll Brothers in the 3rd quarter valued at $36,566,000. Hedge funds and other institutional investors own 81.30% of the company’s stock.

About Toll Brothers

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.

Insider Buying and Selling by Quarter for Toll Brothers (NYSE:TOL)

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