Darwin Wealth Management LLC Has $259,000 Position in Toll Brothers, Inc. (NYSE:TOL)

Darwin Wealth Management LLC lessened its holdings in Toll Brothers, Inc. (NYSE:TOL) by 9.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,515 shares of the construction company’s stock after selling 251 shares during the quarter. Darwin Wealth Management LLC’s holdings in Toll Brothers were worth $259,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Baker Avenue Asset Management LP boosted its holdings in shares of Toll Brothers by 23.1% in the 3rd quarter. Baker Avenue Asset Management LP now owns 677 shares of the construction company’s stock valued at $50,000 after purchasing an additional 127 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of Toll Brothers by 26.1% in the 3rd quarter. Fifth Third Bancorp now owns 754 shares of the construction company’s stock valued at $56,000 after acquiring an additional 156 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of Toll Brothers in the 4th quarter valued at $76,000. Daiwa Securities Group Inc. bought a new position in shares of Toll Brothers in the 4th quarter valued at $113,000. Finally, International Assets Investment Management LLC lifted its stake in shares of Toll Brothers by 6,183.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,131 shares of the construction company’s stock valued at $116,000 after acquiring an additional 1,113 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Toll Brothers Stock Up 2.0 %

Shares of TOL traded up $2.43 during trading hours on Thursday, hitting $126.48. The stock had a trading volume of 1,535,596 shares, compared to its average volume of 1,352,401. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.95 and a quick ratio of 0.65. The firm has a 50 day simple moving average of $121.44 and a 200-day simple moving average of $103.76. The firm has a market capitalization of $13.18 billion, a P/E ratio of 9.77, a price-to-earnings-growth ratio of 1.03 and a beta of 1.67. Toll Brothers, Inc. has a 1-year low of $63.34 and a 1-year high of $130.63.

Toll Brothers (NYSE:TOL) last issued its earnings results on Wednesday, February 21st. The construction company reported $2.25 EPS for the quarter, beating the consensus estimate of $1.77 by $0.48. The company had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.88 billion. Toll Brothers had a return on equity of 21.04% and a net margin of 13.97%. The firm’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period last year, the business posted $1.70 EPS. Sell-side analysts predict that Toll Brothers, Inc. will post 13.71 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Friday, April 5th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Thursday, April 4th. This represents a $0.92 dividend on an annualized basis and a yield of 0.73%. This is an increase from Toll Brothers’s previous quarterly dividend of $0.21. Toll Brothers’s payout ratio is 7.11%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com upgraded Toll Brothers from a “hold” rating to a “buy” rating in a research note on Tuesday, April 16th. Wedbush reiterated a “neutral” rating and issued a $87.00 price target on shares of Toll Brothers in a research note on Wednesday, February 21st. Keefe, Bruyette & Woods raised their target price on Toll Brothers from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 28th. JPMorgan Chase & Co. raised their target price on Toll Brothers from $127.00 to $128.00 and gave the stock an “overweight” rating in a research report on Friday, February 23rd. Finally, Barclays raised their target price on Toll Brothers from $95.00 to $115.00 and gave the stock an “underweight” rating in a research report on Monday, February 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $113.80.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, Director Stephen F. East sold 1,500 shares of Toll Brothers stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $119.32, for a total transaction of $178,980.00. Following the completion of the transaction, the director now owns 9,389 shares in the company, valued at approximately $1,120,295.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Stephen F. East sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $119.32, for a total value of $178,980.00. Following the transaction, the director now owns 9,389 shares in the company, valued at approximately $1,120,295.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Douglas C. Jr. Yearley sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $118.85, for a total value of $5,942,500.00. Following the completion of the transaction, the chief executive officer now owns 346,382 shares in the company, valued at approximately $41,167,500.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 66,500 shares of company stock worth $7,881,930. Insiders own 1.54% of the company’s stock.

Toll Brothers Profile

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.