Toll Brothers, Inc. (NYSE:TOL) Shares Sold by Bremer Bank National Association

Bremer Bank National Association trimmed its holdings in Toll Brothers, Inc. (NYSE:TOL) by 1.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,962 shares of the construction company’s stock after selling 507 shares during the quarter. Bremer Bank National Association’s holdings in Toll Brothers were worth $3,648,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of TOL. Envestnet Asset Management Inc. lifted its holdings in Toll Brothers by 4.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 27,243 shares of the construction company’s stock valued at $3,138,000 after acquiring an additional 1,162 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Toll Brothers by 8.8% during the second quarter. Mercer Global Advisors Inc. ADV now owns 21,066 shares of the construction company’s stock valued at $2,426,000 after buying an additional 1,702 shares in the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in Toll Brothers by 6.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 13,951 shares of the construction company’s stock valued at $1,605,000 after buying an additional 810 shares in the last quarter. Blair William & Co. IL lifted its stake in Toll Brothers by 7.0% during the second quarter. Blair William & Co. IL now owns 5,828 shares of the construction company’s stock valued at $671,000 after buying an additional 383 shares in the last quarter. Finally, Intech Investment Management LLC lifted its stake in Toll Brothers by 152.4% during the second quarter. Intech Investment Management LLC now owns 18,966 shares of the construction company’s stock valued at $2,185,000 after buying an additional 11,452 shares in the last quarter. 91.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have commented on TOL shares. Wells Fargo & Company upped their price objective on shares of Toll Brothers from $163.00 to $170.00 and gave the company an “overweight” rating in a research note on Friday, September 27th. UBS Group reduced their price objective on shares of Toll Brothers from $192.00 to $185.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Citigroup reduced their price objective on shares of Toll Brothers from $155.00 to $137.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Wedbush reissued an “outperform” rating and issued a $175.00 price target on shares of Toll Brothers in a research report on Wednesday, December 11th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and issued a $150.00 price target (down from $166.00) on shares of Toll Brothers in a research report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $156.64.

Insider Buying and Selling at Toll Brothers

In other news, Director Christine Garvey sold 204 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $125.78, for a total value of $25,659.12. Following the sale, the director now owns 7,728 shares in the company, valued at approximately $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Paul E. Shapiro sold 3,837 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $134.14, for a total transaction of $514,695.18. Following the completion of the sale, the director now owns 119,937 shares in the company, valued at approximately $16,088,349.18. The trade was a 3.10 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 15,202 shares of company stock worth $1,947,436 over the last 90 days. Insiders own 1.54% of the company’s stock.

Toll Brothers Trading Up 0.8 %

Shares of TOL stock opened at $135.40 on Monday. Toll Brothers, Inc. has a 12 month low of $95.46 and a 12 month high of $169.52. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37. The business’s 50 day moving average is $141.28 and its two-hundred day moving average is $141.27. The company has a market cap of $13.55 billion, a PE ratio of 9.01, a price-to-earnings-growth ratio of 0.94 and a beta of 1.74.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, beating the consensus estimate of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The company had revenue of $3.33 billion for the quarter, compared to the consensus estimate of $3.17 billion. During the same quarter last year, the company posted $4.11 earnings per share. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. Equities analysts predict that Toll Brothers, Inc. will post 14.25 EPS for the current year.

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 24th. Shareholders of record on Friday, January 10th will be issued a dividend of $0.23 per share. The ex-dividend date is Friday, January 10th. This represents a $0.92 annualized dividend and a yield of 0.68%. Toll Brothers’s dividend payout ratio (DPR) is presently 6.12%.

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.