Ellington Management Group LLC boosted its stake in Toll Brothers Inc (NYSE:TOL) by 125.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,100 shares of the construction company’s stock after acquiring an additional 13,400 shares during the quarter. Ellington Management Group LLC’s holdings in Toll Brothers were worth $1,157,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Guggenheim Capital LLC lifted its position in Toll Brothers by 182.9% in the 4th quarter. Guggenheim Capital LLC now owns 251,047 shares of the construction company’s stock valued at $12,055,000 after acquiring an additional 162,314 shares in the last quarter. Kemnay Advisory Services Inc. lifted its position in Toll Brothers by 37.2% in the 4th quarter. Kemnay Advisory Services Inc. now owns 27,111 shares of the construction company’s stock valued at $1,302,000 after acquiring an additional 7,352 shares in the last quarter. Brandywine Global Investment Management LLC lifted its position in Toll Brothers by 3.5% in the 4th quarter. Brandywine Global Investment Management LLC now owns 148,103 shares of the construction company’s stock valued at $7,112,000 after acquiring an additional 4,978 shares in the last quarter. Caxton Associates LP bought a new stake in Toll Brothers in the 4th quarter valued at $929,000. Finally, BlueCrest Capital Management Ltd bought a new stake in Toll Brothers in the 4th quarter valued at $523,000. 86.03% of the stock is currently owned by institutional investors and hedge funds.
In related news, CEO Douglas C. Jr. Yearley sold 20,000 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $49.83, for a total value of $996,600.00. Following the transaction, the chief executive officer now owns 231,785 shares in the company, valued at approximately $11,549,846.55. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CEO Douglas C. Jr. Yearley sold 10,000 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $52.08, for a total transaction of $520,800.00. Following the completion of the transaction, the chief executive officer now owns 211,785 shares in the company, valued at approximately $11,029,762.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 95,950 shares of company stock worth $4,910,012. 9.01% of the stock is owned by company insiders.
Toll Brothers Inc (NYSE:TOL) opened at $45.22 on Monday. The firm has a market cap of $6,951.74, a PE ratio of 13.30, a PEG ratio of 0.76 and a beta of 1.38. Toll Brothers Inc has a 52 week low of $34.99 and a 52 week high of $52.73. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.89 and a current ratio of 7.31.
Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, February 27th. The construction company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.09. Toll Brothers had a net margin of 9.84% and a return on equity of 12.58%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.18 billion. During the same period in the previous year, the business earned $0.42 EPS. Toll Brothers’s revenue for the quarter was up 27.7% compared to the same quarter last year. research analysts predict that Toll Brothers Inc will post 4.33 earnings per share for the current fiscal year.
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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.
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