QS Investors LLC grew its holdings in shares of Toll Brothers Inc (NYSE:TOL) by 70.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 149,073 shares of the construction company’s stock after buying an additional 61,485 shares during the quarter. QS Investors LLC owned 0.10% of Toll Brothers worth $4,909,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Meeder Asset Management Inc. grew its stake in shares of Toll Brothers by 694.0% during the fourth quarter. Meeder Asset Management Inc. now owns 794 shares of the construction company’s stock valued at $26,000 after buying an additional 694 shares during the last quarter. IMS Capital Management bought a new position in shares of Toll Brothers during the third quarter valued at approximately $36,000. Acadian Asset Management LLC bought a new position in shares of Toll Brothers during the fourth quarter valued at approximately $64,000. Financial Architects Inc grew its stake in shares of Toll Brothers by 181.8% during the fourth quarter. Financial Architects Inc now owns 2,015 shares of the construction company’s stock valued at $66,000 after buying an additional 1,300 shares during the last quarter. Finally, Spirit of America Management Corp NY grew its stake in shares of Toll Brothers by 107.1% during the fourth quarter. Spirit of America Management Corp NY now owns 2,900 shares of the construction company’s stock valued at $96,000 after buying an additional 1,500 shares during the last quarter. 82.53% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:TOL opened at $35.93 on Friday. Toll Brothers Inc has a 52-week low of $28.68 and a 52-week high of $45.38. The company has a market capitalization of $5.24 billion, a P/E ratio of 7.63, a PEG ratio of 0.93 and a beta of 1.00. The company has a current ratio of 7.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.74.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Tuesday, February 26th. The construction company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.15. Toll Brothers had a return on equity of 15.83% and a net margin of 9.93%. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Toll Brothers’s revenue was up 16.0% compared to the same quarter last year. As a group, equities research analysts predict that Toll Brothers Inc will post 4.48 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 26th. Investors of record on Friday, April 12th will be paid a $0.11 dividend. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $0.44 annualized dividend and a yield of 1.22%. Toll Brothers’s dividend payout ratio (DPR) is currently 9.34%.

A number of research analysts have recently commented on TOL shares. Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Wednesday, February 13th. Raymond James set a $40.00 target price on Toll Brothers and gave the company a “buy” rating in a research note on Friday, March 1st. Zelman & Associates raised Toll Brothers from a “hold” rating to a “buy” rating in a research note on Thursday, March 7th. Credit Suisse Group reaffirmed a “hold” rating and set a $37.00 target price on shares of Toll Brothers in a research note on Friday, February 15th. Finally, Mizuho cut Toll Brothers from a “buy” rating to a “neutral” rating and cut their target price for the company from $46.00 to $39.00 in a research note on Wednesday, January 23rd. Three analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $40.07.

In related news, Director Carl B. Marbach sold 3,000 shares of the stock in a transaction that occurred on Wednesday, January 9th. The stock was sold at an average price of $34.96, for a total value of $104,880.00. Following the transaction, the director now owns 86,249 shares of the company’s stock, valued at $3,015,265.04. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Martin P. Connor sold 12,000 shares of the company’s stock in a transaction on Tuesday, February 5th. The stock was sold at an average price of $36.83, for a total value of $441,960.00. Following the sale, the chief financial officer now owns 76,504 shares of the company’s stock, valued at approximately $2,817,642.32. The disclosure for this sale can be found here. In the last three months, insiders sold 19,000 shares of company stock worth $698,600. 9.69% of the stock is owned by insiders.

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About Toll Brothers

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company operates in two segments, Traditional Home Building and City Living. It also designs, builds, markets, and sells homes in urban infill markets through Toll Brothers City Living.

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Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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