Toll Brothers (NYSE:TOL) had its price objective upped by equities research analysts at UBS Group from $53.00 to $58.00 in a research note issued on Wednesday, 99wallstreet.com reports. The firm currently has a “buy” rating on the construction company’s stock. UBS Group’s target price would indicate a potential upside of 14.11% from the company’s current price.

Other analysts also recently issued reports about the company. ValuEngine downgraded Toll Brothers from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. MKM Partners upped their price objective on Toll Brothers to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, November 29th. Royal Bank of Canada restated a “buy” rating and set a $45.00 price objective on shares of Toll Brothers in a research report on Wednesday, November 15th. Zacks Investment Research upgraded Toll Brothers from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Tuesday, October 10th. Finally, Mizuho set a $52.00 price objective on Toll Brothers and gave the stock a “buy” rating in a research report on Thursday, December 7th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and twelve have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $49.13.

Toll Brothers (TOL) traded down $0.75 during trading hours on Wednesday, hitting $50.83. The stock had a trading volume of 1,514,100 shares, compared to its average volume of 2,164,570. The company has a market cap of $8,210.00, a P/E ratio of 15.98, a price-to-earnings-growth ratio of 0.96 and a beta of 1.57. The company has a current ratio of 6.61, a quick ratio of 0.97 and a debt-to-equity ratio of 0.71. Toll Brothers has a 1 year low of $30.67 and a 1 year high of $52.40.

Toll Brothers (NYSE:TOL) last released its earnings results on Tuesday, December 5th. The construction company reported $1.17 earnings per share for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.02). The company had revenue of $2.03 billion for the quarter, compared to the consensus estimate of $2.09 billion. Toll Brothers had a net margin of 9.21% and a return on equity of 12.00%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 earnings per share. analysts expect that Toll Brothers will post 3.9 EPS for the current fiscal year.

In other Toll Brothers news, CFO Martin P. Connor sold 5,000 shares of the company’s stock in a transaction dated Thursday, October 19th. The stock was sold at an average price of $43.45, for a total value of $217,250.00. Following the completion of the transaction, the chief financial officer now owns 37,836 shares of the company’s stock, valued at approximately $1,643,974.20. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Douglas C. Jr. Yearley sold 10,000 shares of the company’s stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $52.08, for a total value of $520,800.00. Following the completion of the transaction, the chief executive officer now directly owns 211,785 shares of the company’s stock, valued at approximately $11,029,762.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 104,037 shares of company stock valued at $5,043,132. Insiders own 8.78% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of TOL. Wells Fargo & Company MN increased its holdings in Toll Brothers by 31.8% in the 2nd quarter. Wells Fargo & Company MN now owns 434,060 shares of the construction company’s stock worth $17,149,000 after purchasing an additional 104,669 shares in the last quarter. Alliancebernstein L.P. increased its holdings in Toll Brothers by 43.5% in the 2nd quarter. Alliancebernstein L.P. now owns 158,141 shares of the construction company’s stock worth $6,248,000 after purchasing an additional 47,914 shares in the last quarter. Teachers Advisors LLC increased its holdings in Toll Brothers by 0.5% in the 2nd quarter. Teachers Advisors LLC now owns 166,624 shares of the construction company’s stock worth $6,583,000 after purchasing an additional 905 shares in the last quarter. BlackRock Inc. increased its stake in shares of Toll Brothers by 1.8% in the second quarter. BlackRock Inc. now owns 16,811,380 shares of the construction company’s stock valued at $664,216,000 after buying an additional 291,112 shares during the period. Finally, Amalgamated Bank increased its stake in shares of Toll Brothers by 22.8% in the second quarter. Amalgamated Bank now owns 30,198 shares of the construction company’s stock valued at $1,193,000 after buying an additional 5,601 shares during the period. 88.07% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Toll Brothers (NYSE:TOL)

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