Foundations Investment Advisors LLC Has $284,000 Holdings in Toll Brothers, Inc. (NYSE:TOL)

Foundations Investment Advisors LLC decreased its position in Toll Brothers, Inc. (NYSE:TOL) by 35.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,467 shares of the construction company’s stock after selling 1,381 shares during the period. Foundations Investment Advisors LLC’s holdings in Toll Brothers were worth $284,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TOL. Register Financial Advisors LLC acquired a new stake in shares of Toll Brothers in the first quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Toll Brothers in the 2nd quarter worth about $29,000. Contravisory Investment Management Inc. acquired a new stake in Toll Brothers during the 1st quarter worth about $34,000. Massmutual Trust Co. FSB ADV grew its stake in Toll Brothers by 114.5% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 266 shares of the construction company’s stock valued at $31,000 after acquiring an additional 142 shares in the last quarter. Finally, Rise Advisors LLC acquired a new position in shares of Toll Brothers in the 1st quarter valued at about $35,000. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Trading Up 0.7 %

Shares of TOL stock opened at $138.78 on Monday. Toll Brothers, Inc. has a 12 month low of $68.08 and a 12 month high of $149.77. The company has a market cap of $14.25 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 1.14 and a beta of 1.67. The company has a quick ratio of 0.57, a current ratio of 4.52 and a debt-to-equity ratio of 0.38. The business’s 50 day moving average is $130.99 and its two-hundred day moving average is $124.33.

Toll Brothers (NYSE:TOL) last posted its earnings results on Tuesday, August 20th. The construction company reported $3.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.29. The business had revenue of $2.73 billion for the quarter, compared to analyst estimates of $2.71 billion. Toll Brothers had a net margin of 14.63% and a return on equity of 19.82%. Toll Brothers’s revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business posted $3.73 EPS. Equities analysts predict that Toll Brothers, Inc. will post 13.31 EPS for the current year.

Toll Brothers Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 19th. Investors of record on Friday, July 5th were given a dividend of $0.23 per share. The ex-dividend date was Friday, July 5th. This represents a $0.92 annualized dividend and a dividend yield of 0.66%. Toll Brothers’s dividend payout ratio is presently 6.28%.

Insider Activity at Toll Brothers

In other Toll Brothers news, CFO Martin P. Connor sold 3,806 shares of Toll Brothers stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $121.84, for a total value of $463,723.04. Following the transaction, the chief financial officer now directly owns 24,721 shares of the company’s stock, valued at approximately $3,012,006.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other news, CFO Martin P. Connor sold 3,806 shares of the stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $121.84, for a total value of $463,723.04. Following the completion of the sale, the chief financial officer now directly owns 24,721 shares of the company’s stock, valued at $3,012,006.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Douglas C. Jr. Yearley sold 87,584 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was sold at an average price of $147.49, for a total transaction of $12,917,764.16. Following the transaction, the chief executive officer now directly owns 346,382 shares in the company, valued at approximately $51,087,881.18. The disclosure for this sale can be found here. Insiders sold a total of 114,063 shares of company stock worth $16,630,075 in the last 90 days. 1.54% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on the stock. Citigroup decreased their price target on shares of Toll Brothers from $133.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, July 2nd. Barclays lifted their target price on shares of Toll Brothers from $116.00 to $135.00 and gave the company an “underweight” rating in a research note on Thursday, August 22nd. Bank of America upped their price target on shares of Toll Brothers from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, August 22nd. Seaport Res Ptn cut Toll Brothers from a “hold” rating to a “strong sell” rating in a research report on Sunday, August 4th. Finally, Evercore ISI upped their target price on Toll Brothers from $177.00 to $180.00 and gave the stock an “outperform” rating in a research report on Monday, July 15th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $144.67.

Toll Brothers Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.