Published: Wed, December 06, 2017
IT | By Lester Massey

Toll Brothers Inc (TOL) Holdings Lifted by Sumitomo Mitsui Trust Holdings Inc

Toll Brothers Inc (TOL) Holdings Lifted by Sumitomo Mitsui Trust Holdings Inc

State of Wisconsin Investment Board owned about 0.09% of Toll Brothers worth $5,799,000 at the end of the most recent quarter. The firm owned 45,176 shares of the construction company's stock after purchasing an additional 8,397 shares during the quarter. Toll Brothers, Inc. has 157.5 million shares outstanding, and in the last trade has seen ATR around 1.16. Bank of New York Mellon Corp now owns 3,128,341 shares of the construction company's stock worth $129,732,000 after acquiring an additional 1,124,409 shares during the period. Dupont Capital Management Corp purchased a new stake in Toll Brothers during the 3rd quarter worth about $6,071,000. Toronto Dominion Bank now owns 3,896 shares of the construction company's stock worth $154,000 after buying an additional 192 shares during the last quarter. Following the sale, the insider now directly owns 7,420,317 shares of the company's stock, valued at approximately $281,972,046. Finally, ETRADE Capital Management LLC grew its position in Toll Brothers by 3.1% in the second quarter. The stock decreased 0.05% or $0.0501 during the last trading session, reaching $91.3599. Hedge funds and other institutional investors own 76.85% of the company's stock. Finally, Royal Bank Of Canada reiterated a "buy" rating and issued a $45.00 price objective on shares of Toll Brothers in a report on Monday, September 25th.

US luxury homebuilder Toll Brothers said on Tuesday it had not seen a potential change in buyers' behavior on the back of a looming USA tax reform and that it is encouraged by the potential cut in corporate tax rates. They issued a "buy" rating and a $50.00 target price for the company. The rating was maintained by Keefe Bruyette & Woods on Tuesday, August 22 with "Hold".

Wall Street analysts assess price movements and volume trends to forecast future stock performance.

TOL's mean recommendation on Reuter's scale slipped from 2.23 thirty days ago to 2.18 now, which indicates a hold consensus from the analyst community. The shares were sold at an average price of $39.97, for a total value of $515,613.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. The disclosure for this sale can be found here. In the last ninety days, insiders sold 595,822 shares of company stock valued at $22,009,774.

The industry-wide Asset Turnover is 0.71, while that of Toll Brothers Inc (NYSE:TOL) is now 0.58. That compares with the recent volume average of 1.91 million. The firm has a market cap of $8,124.77, a PE ratio of 18.47, a PEG ratio of 1.06 and a beta of 1.57. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.10 and a current ratio of 6.75. Toll Brothers has $54.0 highest and $29 lowest target.


Toll Brothers, Inc. ((NYSE:TOL)) closed up +0.99 points or 1.99% at $50.66 with 5 mln shares exchanging hands.

Analysts expect Restoration Hardware Holdings, Inc (NYSE: RH) to post quarterly earnings at $1.04 per share on revenue of $591.00 million after the closing bell. The firm had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.09 billion. Toll Brothers had a return on equity of 10.44% and a net margin of 8.12%.

Orders climbed 14.5% year-over-year, the slowest pace in six quarters. During the same period last year, the business earned $0.67 EPS. analysts expect that Toll Brothers Inc will post 3.2 earnings per share for the current fiscal year.

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