Published: Tue, August 22, 2017
Business | By Max Garcia

Why Toll Brothers Earnings Are Taking the Stock Down

Why Toll Brothers Earnings Are Taking the Stock Down

Citigroup holds 0% of its portfolio in Toll Brothers Inc (NYSE:TOL) for 23,999 shares. Shell Asset Management Co. now owns 8,462 shares of the construction company's stock worth $306,000 after buying an additional 487 shares in the last quarter. In the past 3-month period alone, shares of TOL have appreciated +0.42 - or +1.11%.

Tarena International Inc (ADR) (NASDAQ: TEDU) shares dropped 22 percent to $14.45. Extended Stay America Inc (NYSE:STAY) has risen 30.00% since August 22, 2016 and is uptrending. It has outperformed by 13.38% the S&P500. The company has market cap of $5.98 billion. Andra Ap has invested 0.04% in Toll Brothers Inc (NYSE:TOL). It has a 15.74 P/E ratio. Within the Traditional Home Building segment, it operates in five geographic divisions 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. First Citizens Bank & Trust Co. acquired a new stake in Toll Brothers during the first quarter valued at about $360,000. Praxair Inc (NYSE:PX) was reduced too.

Investors sentiment decreased to 0.9 in Q4 2016.

In commodity news, oil traded down 0.11 percent to $47.32 while gold traded down 0.41 percent to $1,291.40. These holdings make up 76.57% of the company's outstanding shares. 185.29 million shares or 4.76% more from 176.87 million shares in 2016Q3 were reported. Weiss Multi holds 16,384 shares or 0.02% of its portfolio. Aperio Group Inc reported 0.01% in Toll Brothers Inc (NYSE:TOL). The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. 1,751 were reported by Barclays Public Ltd. Natixis Asset Management invested in 0.04% or 12,558 shares. Oakbrook Invs Ltd reported 0.03% stake.

The Horsham, Pennsylvania-based company said it had net income of 87 cents per share.

There are 435 institutional holders with active positions, accounting for 133.69 million shares in total. Sandy Spring Retail Bank has invested 0% in Toll Brothers Inc (NYSE:TOL). The company has market cap of $2.19 billion. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 32,717 shares or 0.01% of the stock. Gsa Prtn Limited Liability Partnership reported 0.14% stake. Therefore 48% are positive. Zacks Investment Research upgraded Toll Brothers from a "hold" rating to a "buy" rating and set a $44.00 price objective on the stock in a report on Tuesday, August 8th.

05/25/2016 - Toll Brothers Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. They now have a Dollars 39 price target on the stock. FBN Securities upgraded Toll Brothers Inc (NYSE:TOL) on Tuesday, January 5 to "Sector Perform" rating.

Several research firms have issued reports on TOL. As per Wednesday, July 29, the company rating was maintained by Mizuho. On Tuesday, April 11 the stock rating was maintained by Wood with "Hold".

Among 23 analysts covering Toll Brothers (NYSE:TOL), 11 have Buy rating, 1 Sell and 11 Hold.

Other large investors have also bought and sold shares of the company. The insider PAULSON & CO. $283,651 worth of Toll Brothers Inc (NYSE:TOL) shares were sold by Hartman Richard T. We have $34.66 PT which if reached, will make NYSE:TOL worth $361.80M less. The insider Centerbridge Credit Partners General Partner - L.P. sold $142.65 million.

In other Toll Brothers news, Chief Executive Officer Douglas C. Jr.

Since February 23, 2017, it had 0 buys, and 15 selling transactions for $17.53 million activity. They now have a United States dollars 35 price target on the stock. The stock has a 50 day moving average price of $39.44 and a 200-day moving average price of $36.86.

Toll Brothers posted quarterly earnings of $0.87 per share on revenue of $1.502 billion. (NYSE:TOL) opened at 38.26 on Tuesday. The firm earned "Sector Perform" rating on Thursday, December 10 by RBC Capital Markets. PARNF's SI was 1,000 shares in August as released by FINRA. Toll Brothers Inc. has a 52-week low of $26.65 and a 52-week high of $41.07. It has outperformed by 24.76% the S&P500.

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