Toll Brothers Inc. (NYSE:TOL) Shares Bought by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. lifted its stake in shares of Toll Brothers Inc. (NYSE:TOL) by 5.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,094 shares of the construction company’s stock after buying an additional 109 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Toll Brothers were worth $221,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Balyasny Asset Management L.P. increased its position in Toll Brothers by 24,475.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,114,728 shares of the construction company’s stock valued at $140,400,000 after acquiring an additional 1,110,192 shares during the period. D1 Capital Partners L.P. acquired a new position in shares of Toll Brothers during the fourth quarter worth about $106,428,000. Victory Capital Management Inc. raised its holdings in Toll Brothers by 149.5% during the first quarter. Victory Capital Management Inc. now owns 974,587 shares of the construction company’s stock worth $102,907,000 after purchasing an additional 583,940 shares in the last quarter. Junto Capital Management LP acquired a new stake in shares of Toll Brothers in the 4th quarter valued at approximately $54,929,000. Finally, FMR LLC grew its holdings in Toll Brothers by 19.4% during the fourth quarter. FMR LLC now owns 2,528,853 shares of the construction company’s stock worth $318,509,000 after acquiring an additional 410,394 shares during the period. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on the company. Wedbush reissued an “outperform” rating on shares of Toll Brothers in a report on Tuesday, May 20th. UBS Group reiterated a “buy” rating on shares of Toll Brothers in a report on Tuesday, May 20th. Keefe, Bruyette & Woods dropped their price target on Toll Brothers from $132.00 to $120.00 and set a “market perform” rating for the company in a research report on Tuesday, May 20th. Evercore ISI restated an “outperform” rating and issued a $169.00 target price (up from $167.00) on shares of Toll Brothers in a report on Thursday, May 22nd. Finally, Royal Bank Of Canada reduced their price target on Toll Brothers from $139.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, May 16th. One research analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $142.23.

Toll Brothers Stock Performance

Toll Brothers stock opened at $121.92 on Friday. The company has a market cap of $11.97 billion, a price-to-earnings ratio of 9.04, a price-to-earnings-growth ratio of 1.23 and a beta of 1.33. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.21 and a quick ratio of 0.44. Toll Brothers Inc. has a 12 month low of $86.67 and a 12 month high of $169.52. The stock’s 50-day moving average is $113.97 and its 200-day moving average is $112.12.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, May 20th. The construction company reported $3.50 EPS for the quarter, beating analysts’ consensus estimates of $2.86 by $0.64. Toll Brothers had a net margin of 12.95% and a return on equity of 17.87%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the firm posted $3.38 EPS. The business’s revenue for the quarter was down 3.5% compared to the same quarter last year. Equities analysts anticipate that Toll Brothers Inc. will post 13.83 earnings per share for the current year.

Toll Brothers Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, July 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.8%. Toll Brothers’s dividend payout ratio (DPR) is currently 7.42%.

Insider Activity

In other Toll Brothers news, Director Stephen F. East sold 2,500 shares of Toll Brothers stock in a transaction that occurred on Wednesday, July 16th. The stock was sold at an average price of $115.33, for a total transaction of $288,325.00. Following the sale, the director directly owned 12,787 shares in the company, valued at $1,474,724.71. The trade was a 16.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Michael J. Grubb sold 500 shares of the stock in a transaction that occurred on Monday, July 14th. The shares were sold at an average price of $120.00, for a total value of $60,000.00. Following the transaction, the chief accounting officer owned 2,439 shares of the company’s stock, valued at approximately $292,680. This trade represents a 17.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,770 shares of company stock worth $440,586 over the last 90 days. Company insiders own 1.54% of the company’s stock.

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.