ValuEngine lowered shares of Toll Brothers (NYSE:TOL) from a sell rating to a strong sell rating in a report published on Monday morning.

Several other equities analysts have also issued reports on TOL. Barclays reiterated an underweight rating and issued a $39.00 target price (down previously from $43.00) on shares of Toll Brothers in a research note on Friday, June 1st. Bank of America lifted their target price on Toll Brothers from $62.00 to $63.00 and gave the company a buy rating in a research note on Wednesday, August 22nd. Raymond James reiterated a buy rating and issued a $44.00 target price (down previously from $50.00) on shares of Toll Brothers in a research note on Thursday, August 23rd. Zelman & Associates lowered Toll Brothers from a buy rating to a hold rating in a research note on Thursday, June 14th. Finally, Citigroup cut their target price on Toll Brothers from $44.00 to $42.00 and set a neutral rating on the stock in a research note on Wednesday, June 20th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $50.26.

Shares of Toll Brothers stock opened at $33.55 on Monday. The firm has a market cap of $5.19 billion, a PE ratio of 10.63, a PEG ratio of 0.49 and a beta of 1.34. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.88 and a current ratio of 6.98. Toll Brothers has a 12 month low of $33.47 and a 12 month high of $52.73.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, August 21st. The construction company reported $1.26 EPS for the quarter, beating the consensus estimate of $1.03 by $0.23. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.81 billion. Toll Brothers had a return on equity of 13.49% and a net margin of 9.37%. The business’s revenue for the quarter was up 27.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.87 earnings per share. sell-side analysts predict that Toll Brothers will post 4.46 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 26th. Shareholders of record on Friday, October 12th will be issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Thursday, October 11th. Toll Brothers’s dividend payout ratio is presently 13.88%.

In other Toll Brothers news, Director Edward G. Boehne sold 17,000 shares of the firm’s stock in a transaction dated Thursday, August 23rd. The stock was sold at an average price of $37.64, for a total value of $639,880.00. Following the completion of the sale, the director now owns 99,598 shares of the company’s stock, valued at $3,748,868.72. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 8.78% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Aperio Group LLC boosted its holdings in Toll Brothers by 2.2% in the first quarter. Aperio Group LLC now owns 57,770 shares of the construction company’s stock worth $2,499,000 after acquiring an additional 1,264 shares in the last quarter. Swiss National Bank boosted its holdings in Toll Brothers by 0.4% in the second quarter. Swiss National Bank now owns 484,033 shares of the construction company’s stock worth $17,904,000 after acquiring an additional 1,700 shares in the last quarter. IFM Investors Pty Ltd boosted its holdings in Toll Brothers by 36.5% in the second quarter. IFM Investors Pty Ltd now owns 7,570 shares of the construction company’s stock worth $280,000 after acquiring an additional 2,024 shares in the last quarter. Nomura Asset Management Co. Ltd. lifted its holdings in shares of Toll Brothers by 10.7% during the first quarter. Nomura Asset Management Co. Ltd. now owns 22,850 shares of the construction company’s stock worth $988,000 after purchasing an additional 2,200 shares during the period. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Toll Brothers by 17.0% during the second quarter. Advisors Asset Management Inc. now owns 15,745 shares of the construction company’s stock worth $582,000 after purchasing an additional 2,287 shares during the period. 81.91% of the stock is owned by institutional investors and hedge funds.

About Toll Brothers

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

Featured Article: Understanding Price to Earnings Ratio (PE)

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Toll Brothers (NYSE:TOL)

Receive News & Ratings for Toll Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toll Brothers and related companies with MarketBeat.com's FREE daily email newsletter.