Captrust Financial Advisors Has $515,000 Holdings in Toll Brothers, Inc. (NYSE:TOL)

Captrust Financial Advisors raised its holdings in shares of Toll Brothers, Inc. (NYSE:TOL) by 25.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,092 shares of the construction company’s stock after buying an additional 840 shares during the quarter. Captrust Financial Advisors’ holdings in Toll Brothers were worth $515,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Jennison Associates LLC raised its stake in shares of Toll Brothers by 38.7% in the fourth quarter. Jennison Associates LLC now owns 1,226,271 shares of the construction company’s stock valued at $154,449,000 after purchasing an additional 341,980 shares in the last quarter. Lecap Asset Management Ltd. raised its stake in shares of Toll Brothers by 721.8% in the fourth quarter. Lecap Asset Management Ltd. now owns 16,567 shares of the construction company’s stock valued at $2,087,000 after purchasing an additional 14,551 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of Toll Brothers by 66.7% in the fourth quarter. Jones Financial Companies Lllp now owns 5,290 shares of the construction company’s stock valued at $666,000 after purchasing an additional 2,116 shares in the last quarter. Whalen Wealth Management Inc. acquired a new position in shares of Toll Brothers in the fourth quarter valued at $236,000. Finally, OMC Financial Services LTD acquired a new position in shares of Toll Brothers in the fourth quarter valued at $2,330,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Toll Brothers

In related news, Director Christine Garvey sold 420 shares of Toll Brothers stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the sale, the director now owns 13,186 shares of the company’s stock, valued at approximately $1,458,107.88. This trade represents a 3.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.54% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on TOL shares. Wells Fargo & Company dropped their price objective on Toll Brothers from $150.00 to $120.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. UBS Group dropped their price objective on Toll Brothers from $185.00 to $183.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. Keefe, Bruyette & Woods dropped their price objective on Toll Brothers from $164.00 to $132.00 and set a “market perform” rating for the company in a research note on Tuesday, February 25th. Oppenheimer dropped their price objective on Toll Brothers from $165.00 to $155.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Royal Bank of Canada dropped their price objective on Toll Brothers from $139.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday. One analyst has rated the stock with a sell rating, six have issued a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and a consensus price target of $143.64.

Toll Brothers Trading Up 0.6%

NYSE TOL opened at $107.01 on Monday. The firm has a market cap of $10.69 billion, a P/E ratio of 7.36, a P/E/G ratio of 1.02 and a beta of 1.45. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80. The stock’s 50-day moving average is $101.56 and its 200-day moving average is $123.13. Toll Brothers, Inc. has a one year low of $86.67 and a one year high of $169.52.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, February 18th. The construction company reported $1.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.99 by ($0.24). Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. Sell-side analysts anticipate that Toll Brothers, Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 25th. Investors of record on Friday, April 11th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.93%. The ex-dividend date was Friday, April 11th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.23. Toll Brothers’s dividend payout ratio (DPR) is currently 6.88%.

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.