ValuEngine downgraded shares of Toll Brothers (NYSE:TOL) from a hold rating to a sell rating in a research note released on Thursday morning, ValuEngine reports.

Several other brokerages have also commented on TOL. Cfra lowered shares of Toll Brothers from a hold rating to a sell rating in a report on Monday, February 3rd. Goldman Sachs Group assumed coverage on shares of Toll Brothers in a research note on Friday, December 6th. They set a neutral rating and a $42.00 target price for the company. Royal Bank of Canada raised shares of Toll Brothers from a sector perform rating to an outperform rating and raised their target price for the company from $39.00 to $50.00 in a research note on Wednesday, February 5th. Finally, Evercore ISI downgraded shares of Toll Brothers from an in-line rating to an underperform rating and raised their target price for the company from $39.00 to $40.00 in a research note on Monday, January 6th. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $40.00.

NYSE TOL traded down $0.53 during trading on Thursday, hitting $47.58. 4,363,700 shares of the company’s stock traded hands, compared to its average volume of 2,230,127. The stock has a fifty day moving average of $43.74 and a two-hundred day moving average of $39.96. The company has a debt-to-equity ratio of 0.77, a current ratio of 7.06 and a quick ratio of 1.44. Toll Brothers has a 12-month low of $34.34 and a 12-month high of $49.31. The firm has a market cap of $6.37 billion, a P/E ratio of 11.78, a PEG ratio of 1.37 and a beta of 0.88.

Toll Brothers (NYSE:TOL) last posted its earnings results on Monday, December 9th. The construction company reported $1.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.12. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.19 billion. Toll Brothers had a net margin of 8.17% and a return on equity of 11.83%. Toll Brothers’s revenue for the quarter was down 6.6% on a year-over-year basis. During the same period in the prior year, the business posted $2.08 earnings per share. As a group, analysts expect that Toll Brothers will post 3.92 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were given a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend was Thursday, January 9th. Toll Brothers’s dividend payout ratio (DPR) is presently 10.92%.

In other Toll Brothers news, Director Christine Garvey sold 16,954 shares of Toll Brothers stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $40.76, for a total value of $691,045.04. Following the completion of the sale, the director now owns 3,335 shares of the company’s stock, valued at approximately $135,934.60. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 10.94% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ancora Advisors LLC purchased a new position in shares of Toll Brothers in the fourth quarter worth about $40,000. Quadrant Capital Group LLC grew its stake in shares of Toll Brothers by 72.8% during the 4th quarter. Quadrant Capital Group LLC now owns 1,374 shares of the construction company’s stock worth $51,000 after purchasing an additional 579 shares during the period. St. Johns Investment Management Company LLC purchased a new stake in shares of Toll Brothers in the 3rd quarter worth about $52,000. Sandy Spring Bank boosted its position in shares of Toll Brothers by 100.0% in the 3rd quarter. Sandy Spring Bank now owns 2,000 shares of the construction company’s stock worth $82,000 after buying an additional 1,000 shares in the last quarter. Finally, NEXT Financial Group Inc boosted its position in shares of Toll Brothers by 18.3% in the 4th quarter. NEXT Financial Group Inc now owns 2,756 shares of the construction company’s stock worth $108,000 after buying an additional 427 shares in the last quarter. Institutional investors own 84.91% of the company’s stock.

About Toll Brothers

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.

Featured Article: Diversification Important in Investing

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations 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.