Toll Brothers Inc (NYSE:TOL) Director Richard J. Braemer sold 14,800 shares of Toll Brothers stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $38.03, for a total transaction of $562,844.00. Following the sale, the director now owns 101,190 shares of the company’s stock, valued at approximately $3,848,255.70. The sale was disclosed in a document filed with the SEC, which is available through this link.

NYSE TOL traded up $0.05 during trading on Friday, reaching $38.51. 1,426,023 shares of the company’s stock traded hands, compared to its average volume of 1,926,424. The company has a debt-to-equity ratio of 0.75, a current ratio of 7.43 and a quick ratio of 1.21. The firm has a market cap of $5.41 billion, a price-to-earnings ratio of 8.18, a price-to-earnings-growth ratio of 1.09 and a beta of 0.94. The company’s 50 day simple moving average is $35.94 and its two-hundred day simple moving average is $36.66. Toll Brothers Inc has a 12-month low of $28.68 and a 12-month high of $39.58.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, August 20th. The construction company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.18. The business had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.70 billion. Toll Brothers had a net margin of 9.57% and a return on equity of 14.26%. The company’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 EPS. Research analysts expect that Toll Brothers Inc will post 3.92 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on TOL shares. Royal Bank of Canada set a $37.00 price objective on shares of Toll Brothers and gave the company a “hold” rating in a report on Thursday, May 23rd. Seaport Global Securities started coverage on shares of Toll Brothers in a report on Friday, August 23rd. They set a “neutral” rating for the company. Bank of America set a $39.00 price objective on shares of Toll Brothers and gave the company a “hold” rating in a report on Wednesday, August 21st. JMP Securities reiterated a “hold” rating on shares of Toll Brothers in a report on Wednesday, August 21st. Finally, SunTrust Banks started coverage on shares of Toll Brothers in a report on Monday, August 12th. They set a “hold” rating and a $37.00 price objective for the company. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and three have issued a buy rating to the company. Toll Brothers presently has an average rating of “Hold” and a consensus price target of $36.37.

A number of hedge funds and other institutional investors have recently bought and sold shares of TOL. Janus Henderson Group PLC increased its position in Toll Brothers by 185.7% during the 1st quarter. Janus Henderson Group PLC now owns 57,182 shares of the construction company’s stock valued at $2,070,000 after purchasing an additional 37,170 shares during the period. Sandy Spring Bank increased its position in Toll Brothers by 150.1% during the 1st quarter. Sandy Spring Bank now owns 1,078 shares of the construction company’s stock valued at $39,000 after purchasing an additional 647 shares during the period. CIBC Asset Management Inc increased its position in Toll Brothers by 6.7% during the 1st quarter. CIBC Asset Management Inc now owns 10,496 shares of the construction company’s stock valued at $380,000 after purchasing an additional 660 shares during the period. Sumitomo Mitsui Asset Management Company LTD purchased a new position in Toll Brothers during the 1st quarter valued at about $813,000. Finally, New York State Teachers Retirement System increased its position in Toll Brothers by 2.0% during the 1st quarter. New York State Teachers Retirement System now owns 293,337 shares of the construction company’s stock valued at $10,619,000 after purchasing an additional 5,834 shares during the period. 81.55% of the stock is currently owned by institutional investors and hedge funds.

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.

See Also: Exchange-Traded Funds (ETFs)

Insider Buying and Selling by Quarter for Toll Brothers (NYSE:TOL)

Receive News & Ratings for Toll Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toll Brothers and related companies with MarketBeat.com's FREE daily email newsletter.