Sawyer & Company Inc decreased its position in Toll Brothers Inc (NYSE:TOL) by 8.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,765 shares of the construction company’s stock after selling 900 shares during the period. Sawyer & Company Inc’s holdings in Toll Brothers were worth $358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in shares of Toll Brothers in the 1st quarter worth approximately $25,000. Quadrant Capital Group LLC lifted its stake in shares of Toll Brothers by 309.0% in the 1st quarter. Quadrant Capital Group LLC now owns 953 shares of the construction company’s stock worth $32,000 after acquiring an additional 720 shares during the period. Sandy Spring Bank lifted its stake in shares of Toll Brothers by 150.1% in the 1st quarter. Sandy Spring Bank now owns 1,078 shares of the construction company’s stock worth $39,000 after acquiring an additional 647 shares during the period. CWM LLC acquired a new stake in shares of Toll Brothers in the 1st quarter worth approximately $53,000. Finally, Penserra Capital Management LLC acquired a new stake in shares of Toll Brothers in the 1st quarter worth approximately $57,000. Hedge funds and other institutional investors own 80.95% of the company’s stock.

In other Toll Brothers news, Director Carl B. Marbach sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $35.14, for a total value of $105,420.00. Following the transaction, the director now owns 85,463 shares in the company, valued at approximately $3,003,169.82. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Edward G. Boehne sold 17,000 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of $37.01, for a total transaction of $629,170.00. Following the transaction, the director now owns 64,304 shares in the company, valued at approximately $2,379,891.04. The disclosure for this sale can be found here. In the last quarter, insiders sold 20,200 shares of company stock worth $742,192. Company insiders own 9.69% of the company’s stock.

TOL has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Eisai from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 24th. ValuEngine raised shares of XCel Brands from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. Royal Bank of Canada set a $37.00 target price on shares of Toll Brothers and gave the company a “hold” rating in a research note on Thursday, May 23rd. Finally, Raymond James reissued an “outperform” rating and set a $36.00 target price on shares of Zymeworks in a research note on Thursday, May 30th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company’s stock. Toll Brothers currently has a consensus rating of “Hold” and a consensus price target of $35.34.

Shares of NYSE:TOL traded down $0.21 during mid-day trading on Monday, hitting $35.31. The stock had a trading volume of 65,151 shares, compared to its average volume of 1,296,327. The company has a current ratio of 7.68, a quick ratio of 1.30 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $5.11 billion, a P/E ratio of 7.63, a PEG ratio of 1.06 and a beta of 1.01. Toll Brothers Inc has a 12-month low of $28.68 and a 12-month high of $39.80. The firm’s 50 day simple moving average is $36.69.

Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, May 21st. The construction company reported $0.87 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.10. The firm had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.54 billion. Toll Brothers had a net margin of 10.01% and a return on equity of 15.57%. During the same quarter in the prior year, the business earned $0.72 EPS. As a group, equities research analysts anticipate that Toll Brothers Inc will post 3.86 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 26th. Shareholders of record on Friday, July 12th were paid a $0.11 dividend. The ex-dividend date was Thursday, July 11th. This represents a $0.44 annualized dividend and a yield of 1.25%. Toll Brothers’s dividend payout ratio is presently 9.34%.

Toll Brothers Company Profile

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

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Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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