Toll Brothers Reports Strong Results for Q4 & Fiscal Year 2017

Andrew Cummings
December 6, 2017

Toll Brothers, Inc. (NYSE:TOL) has risen 41.46% since December 5, 2016 and is uptrending. Institutional owners hold 88.00% stake in the company, while insiders ownership held at 0.40%. State of Wisconsin Investment Board owned about 0.09% of Toll Brothers worth $5,799,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 76.85% of the company's stock. The Wallington Asset Management Llc holds 355,724 shares with $9.61M value, up from 317,946 last quarter. (NYSE:TOL). New Jersey-based State Of New Jersey Common Pension Fund D has invested 0.2% in Toll Brothers, Inc. Following the completion of the sale, the president now directly owns 27,233 shares of the company's stock, valued at $1,252,718. The shares recently went down by -2.21% or -$0.25 and now trades at $11.07.

Toll Brothers (NYSE TOL) opened at $46.93 on Wednesday. The shares price has directed 72.78% toward a higher level throughout a year ago and swapped 15.69% toward a strong spot during past one month. Andra AP fonden increased its holdings in Toll Brothers by 2.8% during the 3rd quarter. These shares are worth $940,000 and were traded at $47 each. Similarly, this company's TTM Operating Margin is now 8.79%, while industry's as a whole is 28.15%. (NYSE:TOL) for 320,053 shares. The rating was maintained by Citigroup with "Neutral" on Wednesday, August 24. BidaskClub lowered shares of Toll Brothers from a "hold" rating to a "sell" rating in a research note on Friday, August 25th. They noted that the move was a valuation call.

Fukoku Mutual Life invested 0.13% in Toll Brothers, Inc. Analysts expect that Toll Brothers Inc will post $3.15 earnings per share for the current year.


Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. KeyBanc Capital Markets maintained the stock with "Hold" rating in Tuesday, August 22 report. The Ultimate Oscillator value for this stock is now 63.533, indicating that it has become Buy. The shares were sold at an average price of $46.00, for a total transaction of $392,702.00. The company holds 157.50 million outstanding shares and 146.56 million shares are floating in market. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. $566,087 worth of stock was sold by BRAEMER RICHARD J on Thursday, June 8. Following the transaction, the director now owns 114,149 shares of the company's stock, valued at approximately $4,562,535.53. The disclosure for this sale can be found here. The stock has increased 73 percent in the last 12 months. Hm Payson Co has 0.02% invested in Toll Brothers, Inc. Advisors Asset Management Inc. now owns 2,667 shares of the construction company's stock valued at $105,000 after acquiring an additional 1,017 shares during the last quarter. RBC Capital Markets maintained the shares of TOL in report on Tuesday, May 23 with "Buy" rating. The stock stands almost $0.45 off versus the 52-week high of $50.95 and $21.33 above the 52-week low of $29.17. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.10 and a current ratio of 6.75.

This morning, Toll Brothers reported its fiscal fourth-quarter and full-year 2017 earnings numbers. 1,043 were reported by Parallax Volatility Advisers Lp. Toll Brothers had a net margin of 8.12% and a return on equity of 10.44%.

Autozone (AZO) shares are rising after it posted an earnings and revenue beat and same-store sales increase of 2.3% in the quarter. Macquarie Group Ltd. now owns 3,300 shares of the construction company's stock worth $102,000 after buying an additional 500 shares in the last quarter.


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And home building deliveries were 2,424 units, also up 9%. Thus, it appears that the average selling price of homes built by Toll Brothers declined somewhat in fiscal 2017 versus 2016. 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 NY; 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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