Toll Brothers Inc. (NYSE:TOL) Director Carl B. Marbach sold 12,900 shares of the business’s stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $39.97, for a total transaction of $515,613.00. Following the completion of the transaction, the director now directly owns 114,149 shares of the company’s stock, valued at $4,562,535.53. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Toll Brothers Inc. (NYSE:TOL) traded down 1.67% on Thursday, reaching $39.21. 1,755,763 shares of the company were exchanged. The company’s 50-day moving average price is $38.87 and its 200 day moving average price is $37.72. Toll Brothers Inc. has a 12 month low of $26.65 and a 12 month high of $41.07. The company has a market cap of $6.20 billion, a price-to-earnings ratio of 14.61 and a beta of 1.49.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, August 22nd. The construction company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.19. Toll Brothers had a net margin of 8.12% and a return on equity of 10.44%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the business earned $0.61 EPS. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. On average, equities research analysts expect that Toll Brothers Inc. will post $3.20 EPS for the current year.

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A number of institutional investors have recently added to or reduced their stakes in TOL. Shell Asset Management Co. raised its holdings in Toll Brothers by 6.1% during the 1st quarter. Shell Asset Management Co. now owns 8,462 shares of the construction company’s stock worth $306,000 after purchasing an additional 487 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Toll Brothers by 1.7% during the 1st quarter. Russell Investments Group Ltd. now owns 143,037 shares of the construction company’s stock worth $5,169,000 after purchasing an additional 2,456 shares during the last quarter. Sumitomo Mitsui Asset Management Company LTD raised its holdings in Toll Brothers by 17.7% during the 1st quarter. Sumitomo Mitsui Asset Management Company LTD now owns 12,744 shares of the construction company’s stock worth $460,000 after purchasing an additional 1,921 shares during the last quarter. Great West Life Assurance Co. Can raised its holdings in Toll Brothers by 3.7% during the 1st quarter. Great West Life Assurance Co. Can now owns 153,563 shares of the construction company’s stock worth $5,542,000 after purchasing an additional 5,528 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale raised its holdings in Toll Brothers by 134.2% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 10,974 shares of the construction company’s stock worth $413,000 after purchasing an additional 6,288 shares during the last quarter. Hedge funds and other institutional investors own 80.70% of the company’s stock.

A number of equities analysts have weighed in on the stock. Bank of America Corporation reaffirmed a “buy” rating and issued a $43.00 target price (up from $40.00) on shares of Toll Brothers in a research note on Wednesday, May 24th. BidaskClub downgraded shares of Toll Brothers from a “strong-buy” rating to a “buy” rating in a research note on Monday, July 24th. J P Morgan Chase & Co downgraded shares of Toll Brothers from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $41.00 to $45.00 in a research note on Thursday. Buckingham Research downgraded shares of Toll Brothers from a “buy” rating to a “neutral” rating in a research note on Wednesday, May 24th. They noted that the move was a valuation call. Finally, Mizuho reaffirmed a “buy” rating and issued a $44.00 target price on shares of Toll Brothers in a research note on Wednesday, May 24th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $40.67.

About Toll Brothers

Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.

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

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