Toll Brothers Inc (NYSE:TOL)’s Trend Unknown, Especially After Increased Shorts

October 13, 2018 - By Lawrence Diaz

Toll Brothers, Inc. (NYSE:TOL) Logo

Investors sentiment is 0.88 in Q2 2018. Its the same as in 2018Q1. It is the same, as 42 investors sold Toll Brothers, Inc. shares while 128 reduced holdings. only 42 funds opened positions while 108 raised stakes. 117.56 million shares or 5.59% less from 124.53 million shares in 2018Q1 were reported.
Sei has 38,808 shares for 0% of their portfolio. Texas-based Petrus Trust Lta has invested 0.08% in Toll Brothers, Inc. (NYSE:TOL). Paloma Partners Mngmt has invested 0.01% in Toll Brothers, Inc. (NYSE:TOL). New Mexico Educational Retirement Board owns 0.05% invested in Toll Brothers, Inc. (NYSE:TOL) for 33,100 shares. 12,000 were reported by Ejf Cap Ltd. Principal Fincl Grp Inc owns 0.02% invested in Toll Brothers, Inc. (NYSE:TOL) for 680,877 shares. Stifel Fincl, Missouri-based fund reported 9,741 shares. Cipher Limited Partnership has 12,162 shares for 0.09% of their portfolio. Endurance Wealth Management stated it has 550 shares. Signaturefd Ltd Co has invested 0% in Toll Brothers, Inc. (NYSE:TOL). Dupont Cap Management Corp reported 73,828 shares. Price T Rowe Associates Md holds 0% of its portfolio in Toll Brothers, Inc. (NYSE:TOL) for 382,681 shares. Putnam Invs Lc holds 0.02% or 292,362 shares. State Common Retirement Fund holds 0.01% in Toll Brothers, Inc. (NYSE:TOL) or 320,470 shares. Glenmede Tru Communication Na holds 0.01% or 75,618 shares.

Since August 23, 2018, it had 0 insider purchases, and 2 selling transactions for $1.21 million activity. BRAEMER RICHARD J also sold $571,872 worth of Toll Brothers, Inc. (NYSE:TOL) shares.

The stock of Toll Brothers Inc (NYSE:TOL) registered an increase of 4.64% in short interest. TOL’s total short interest was 8.68M shares in October as published by FINRA. Its up 4.64% from 8.29M shares, reported previously. With 4.00 million shares average volume, it will take short sellers 2 days to cover their TOL’s short positions. The short interest to Toll Brothers Inc’s float is 6.19%.

The stock decreased 0.35% or $0.11 during the last trading session, reaching $31.24. About 3.64 million shares traded or 35.17% up from the average. Toll Brothers, Inc. (NYSE:TOL) has declined 8.08% since October 13, 2017 and is downtrending. It has underperformed by 23.70% the S&P500.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company has market cap of $4.60 billion. The firm operates through two divisions, Traditional Home Building and City Living. It has a 7.84 P/E ratio. It also manufactures and sells homes in urban infill markets through Toll Brothers City Living.

Toll Brothers, Inc. (NYSE:TOL) Ratings Coverage

Among 7 analysts covering Toll Brothers (NYSE:TOL), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Toll Brothers had 7 analyst reports since May 23, 2018 according to SRatingsIntel. On Wednesday, May 23 the stock rating was maintained by Maxim Group with “Buy”. Deutsche Bank maintained it with “Buy” rating and $51 target in Thursday, May 24 report. The stock has “Neutral” rating by JP Morgan on Wednesday, May 23. The stock of Toll Brothers, Inc. (NYSE:TOL) earned “Hold” rating by Citigroup on Tuesday, June 19. The company was maintained on Wednesday, August 22 by Bank of America. Barclays Capital maintained the shares of TOL in report on Friday, September 14 with “Underweight” rating. Credit Suisse maintained Toll Brothers, Inc. (NYSE:TOL) rating on Wednesday, May 23. Credit Suisse has “Neutral” rating and $46 target.

Another recent and important Toll Brothers, Inc. (NYSE:TOL) news was published by which published an article titled: “Bank stocks gain as Treasuries, homebuilders sink” on October 03, 2018.

Toll Brothers, Inc. (NYSE:TOL) Institutional Positions Chart

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