Qsemble Capital Management LP Has $614,000 Stock Position in Toll Brothers, Inc. (NYSE:TOL)

Qsemble Capital Management LP decreased its position in Toll Brothers, Inc. (NYSE:TOL) by 27.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,974 shares of the construction company’s stock after selling 1,468 shares during the period. Qsemble Capital Management LP’s holdings in Toll Brothers were worth $614,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of TOL. Greenhaven Associates Inc. raised its holdings in Toll Brothers by 1.0% during the 2nd quarter. Greenhaven Associates Inc. now owns 5,565,787 shares of the construction company’s stock valued at $641,067,000 after acquiring an additional 52,893 shares during the period. Pacer Advisors Inc. boosted its holdings in Toll Brothers by 34.8% during the 2nd quarter. Pacer Advisors Inc. now owns 2,095,673 shares of the construction company’s stock valued at $241,380,000 after acquiring an additional 541,140 shares during the period. Point72 Asset Management L.P. raised its holdings in Toll Brothers by 81.0% during the 2nd quarter. Point72 Asset Management L.P. now owns 963,650 shares of the construction company’s stock valued at $110,993,000 after buying an additional 431,160 shares during the last quarter. Jennison Associates LLC grew its stake in shares of Toll Brothers by 35.1% in the third quarter. Jennison Associates LLC now owns 884,291 shares of the construction company’s stock worth $136,614,000 after purchasing an additional 229,603 shares during the last quarter. Finally, Marsico Capital Management LLC lifted its holdings in Toll Brothers by 24.5% in the 2nd quarter. Marsico Capital Management LLC now owns 755,190 shares of the construction company’s stock worth $86,983,000 after buying an additional 148,562 shares during the period. Institutional investors own 91.76% of the company’s stock.

Insider Activity at Toll Brothers

In other news, Director John A. Mclean sold 1,000 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $151.10, for a total transaction of $151,100.00. Following the completion of the sale, the director now owns 9,944 shares of the company’s stock, valued at $1,502,538.40. This represents a 9.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Martin P. Connor sold 22,673 shares of the firm’s stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $143.28, for a total transaction of $3,248,587.44. Following the completion of the transaction, the chief financial officer now directly owns 14,721 shares in the company, valued at approximately $2,109,224.88. This represents a 60.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 128,673 shares of company stock valued at $19,684,387. 1.54% of the stock is owned by corporate insiders.

Toll Brothers Stock Down 2.2 %

Shares of TOL opened at $164.09 on Wednesday. The company has a market capitalization of $16.57 billion, a price-to-earnings ratio of 11.31, a PEG ratio of 1.26 and a beta of 1.68. 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 stock’s 50-day moving average price is $152.69 and its 200-day moving average price is $136.85. Toll Brothers, Inc. has a 52 week low of $84.40 and a 52 week high of $169.52.

Toll Brothers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Friday, October 11th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.92 annualized dividend and a dividend yield of 0.56%. Toll Brothers’s dividend payout ratio (DPR) is presently 6.34%.

Wall Street Analyst Weigh In

TOL has been the topic of a number of recent research reports. Keefe, Bruyette & Woods reaffirmed an “outperform” rating and issued a $142.00 target price on shares of Toll Brothers in a research report on Wednesday, August 21st. Royal Bank of Canada boosted their target price on shares of Toll Brothers from $130.00 to $143.00 and gave the company an “outperform” rating in a research note on Thursday, August 22nd. StockNews.com cut shares of Toll Brothers from a “buy” rating to a “hold” rating in a research note on Wednesday, September 11th. Wells Fargo & Company upped their price target on shares of Toll Brothers from $163.00 to $170.00 and gave the stock an “overweight” rating in a research report on Friday, September 27th. Finally, Oppenheimer lifted their price target on shares of Toll Brothers from $168.00 to $189.00 and gave the company an “outperform” rating in a report on Wednesday, October 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $148.87.

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.