KeyBanc Cuts Toll Brothers (NYSE:TOL) Stock To a Sector Weight Rating

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(NYSE:TOL). Franklin Resource Inc holds 0.01% or 562,400 shares. The firm now has a sell rating on the construction company's stock. For the next year, analysts expect that the firm will report sales of $6.81 billion per share, with estimates ranging from $6.52 billion to $7.38 billion. Weiss Multi reported 0.1% of its portfolio in Toll Brothers, Inc. Wealthtrust reported 401 shares. ValuEngine lowered Toll Brothers from a "strong-buy" rating to a "buy" rating in a research note on Tuesday. Bank of America reinitiated the stock with "Buy" rating in Friday, September 11 report.

USA luxury homebuilder Toll Brothers Inc on Tuesday reported a rise in quarterly profit and revenue, boosted by higher demand for its homes. Zacks Investment Research raised Toll Brothers from a "hold" rating to a "buy" rating and set a $48.00 target price on the stock in a report on Tuesday, October 10th. Toll Brothers has a consensus rating of Hold and a consensus price target of $45.73.

CFO, Connor Martin P., sold 5,000 common shares of Toll Brothers, Inc. Moreover, Oakbrook Ltd Company has 0.03% invested in Toll Brothers, Inc. 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. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in Toll Brothers by 2.5% in the third quarter. South Dakota Investment Council now owns 1,212,499 shares of the construction company's stock valued at $36,205,000 after buying an additional 26,800 shares during the last quarter.

Meanwhile, Toll's quarterly profit and revenue missed analysts' expectations on Tuesday as it sold homes at prices lower than its own estimates, sending the company's shares down 8 percent in morning trading. Toll Brothers had a return on equity of 10.44% and a net margin of 8.12%. The firm's revenue was up 9.3% compared to the same quarter past year. According to the Analysts, the Low Earnings estimate for the current quarter is $1.09, while the High earnings estimate is $1.27.Comparatively, EPS for the same quarter past year was $1.14. Morgan Stanley upgraded the shares of TOL in report on Tuesday, October 13 to "Overweight" rating. The stock was sold at an average price of $47.00, for a total transaction of $940,000.00. (NYSE:TOL), we can see that the 12 month volatility is presently 18.331300. The stock was sold at an average price of $39.97, for a total value of $515,613.00. Qci Asset Inc New York stated it has 1.8% in The Procter & Gamble Company (NYSE:PG). The disclosure for this sale can be found here.

Since June 8, 2017, it had 0 insider buys, and 2 sales for $3.50 million activity.

Stocks are edging mostly higher in early trading on Wall Street, led by gains in health care companies.

Several institutional investors have recently made changes to their positions in the company. NewSquare Capital LLC bought a new stake in shares of Toll Brothers during the 2nd quarter valued at $101,000. Investors seem to be very interested in what happens to the stocks of these two companies but do investors favor one over the other? Prudential Financial Inc. lifted its stake in Toll Brothers by 42.9% during the second quarter. Massachusetts Service Ma, a Massachusetts-based fund reported 1.42 million shares. Vonage Holdings Corp. (NYSE:VG) has risen 55.05% since December 6, 2016 and is uptrending. Considering that the stock daily volume of 0.26 million shares, this represents a pretty noteworthy shoot in volume. Alliancebernstein Lp invested 0% in Toll Brothers, Inc. Toll Brothers, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President Hartman Richard T. has sold 20,000 shares of Toll Brothers, Inc. Public Employees Retirement System of OH raised its stake in Toll Brothers by 73.2% in the 3rd quarter. Toll Brothers shares last traded at $46.93, with a volume of 8290100 shares traded.

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Toll Brothers Company Profile Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living).

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