The Toll Brothers Inc (TOL) Shares Bought by Jennison Associates LLC

David Von Spreckelsen Doug Yearley and 91 Leonard Street

David Von Spreckelsen Doug Yearley and 91 Leonard Street

Keefe, Bruyette & Woods reiterated a "hold" rating and issued a $40.00 price objective on shares of Toll Brothers in a report on Sunday, October 8th. RBC Capital Markets maintained the shares of TOL in report on Tuesday, May 23 with "Buy" rating. It increased, as 36 investors sold Toll Brothers, Inc. shares while 95 reduced holdings. Looking out over the past year, company shares have been recorded -8.03% off the 52 week high and 57.57% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of Toll Brothers, Inc. Recent price fluctuations for shares of Toll Brothers Inc (NYSE:TOL) have got the investing community taking a second look. Following the completion of the transaction, the president now owns 27,233 shares of the company's stock, valued at $1,252,718.

Toll Brothers Inc (TOLL) slumped 7.5% or $3.81 to $46.85 after the luxury residential homes maker reported revenues in the fourth-quarter ending in October advanced 9% from a year ago to $2.03 billion. This was a 45% year-over-year improvement over the $2.18 per diluted share the company earned in fiscal 2016. During the same quarter in the prior year, the firm earned $0.67 earnings per share. (NYSE:TOL). At the time of writing, the First Call consensus price target for the company is $44.47. Macroview Investment Management Limited Liability Corp reported 0.03% stake. Toll Brothers had 66 analyst reports since August 12, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 26 by M Partners. Buckingham Research maintained it with "Buy" rating and $36 target in Wednesday, August 24 report. The Stochastic RSI (14) is now at 69.252, indicating that stock is Buy. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. 15,000 shares were sold by BRAEMER RICHARD J, worth $566,087.

More notable recent Toll Brothers, Inc. The company has market cap of $7.46 billion. Toll Brothers has a 1-year low of $30.44 and a 1-year high of $51.08. Bank of New York Mellon Corp increased its position in shares of Toll Brothers by 56.1% in the third quarter. About 8.29 million shares traded or 303.56% up from the average. Canada Pension Plan Investment Board now owns 253,200 shares of the construction company's stock worth $10,500,000 after purchasing an additional 35,200 shares during the period. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The institutional investor owned 532,241 shares of the construction company's stock after acquiring an additional 8,405 shares during the quarter. The shares were sold at an average price of $38.00, for a total transaction of $74,746.00. Commonwealth Of Pennsylvania School Empls Retrmt accumulated 21,595 shares or 0.01% of the stock. The disclosure for this sale can be found here. $41.05's average target is -12.53% below currents $46.93 stock price. 8,462 were accumulated by Shell Asset Company.

Other hedge funds have also recently modified their holdings of the company. More interesting news about Toll Brothers, Inc. 54 funds opened positions while 123 raised stakes.

Toll Brothers, Inc. has a beta of 2.17, offering the possibility of a higher rate of return, but also posing more risk. The company's quarterly EPS surprised Wall Street by as much as 1% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Profund Advsr Llc stated it has 16,842 shares. Shareholders will be the losers if a company invest in ventures that aren't profitable enough to support upbeat growth. Gam Holdg Ag stated it has 0.01% of its portfolio in Toll Brothers, Inc. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright laws.

Toll Brothers said the average price of homes sold marginally increased to $836,600 from a year earlier, while the number of homes sold rose 9 percent to 2,424. Thus, it appears that the average selling price of homes built by Toll Brothers declined somewhat in fiscal 2017 versus 2016.

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