Short Interest Change: Toll Brothers Incorporated (NYSE:TOL) Short Interest Decreased By 3.47%

November 17, 2016 - By Louis Casey   ·   0 Comments

Short Interest Change: Toll Brothers Incorporated (NYSE:TOL) Short Interest Decreased By 3.47%

The stock of Toll Brothers Incorporated (NYSE:TOL) registered a decrease of 3.47% in short interest. TOL’s total short interest was 6.36 million shares in November as published by FINRA. Its down 3.47% from 6.59M shares, reported previously. With 2.51 million shares average volume, it will take short sellers 3 days to cover their TOL’s short positions. The short interest to Toll Brothers Incorporated’s float is 4.26%. The stock increased 2.82% or $0.8 on November 17, hitting $29.15. About 1.98M shares traded hands. Toll Brothers Inc (NYSE:TOL) has declined 4.26% since April 15, 2016 and is downtrending. It has underperformed by 8.88% the S&P500.

Toll Brothers, Inc. designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities. The company has a market cap of $4.64 billion. The Firm caters to move-up, empty nester, active-adult, age-qualified and second-home buyers in the United States . It has a 12.57 P/E ratio. The Firm operates in two divisions: traditional home building and urban infill.

Insitutional Activity: The institutional sentiment increased to 1.14 in 2016 Q2. Its up 0.08, from 1.06 in 2016Q1. The ratio is positive, as 40 funds sold all Toll Brothers Inc shares owned while 105 reduced positions. 35 funds bought stakes while 130 increased positions. They now own 126.11 million shares or 5.24% less from 133.09 million shares in 2016Q1.
Cantab Cap Prtn Llp owns 3,363 shares or 0% of their US portfolio. Pnc Services Gp Inc owns 7,746 shares or 0% of their US portfolio. The New York-based Hollow Brook Wealth Mgmt Lc has invested 0.2% in Toll Brothers Inc (NYSE:TOL). Tci Wealth Advsrs has 0% invested in the company for 36 shares. Gabelli Funds Limited Liability last reported 380,000 shares in the company. Retirement Of Alabama has 0.03% invested in the company for 196,816 shares. Vantage Lc holds 0% or 15 shares in its portfolio. Toronto Dominion Savings Bank has invested 0% of its portfolio in Toll Brothers Inc (NYSE:TOL). Brandywine Glob Limited Liability Co accumulated 0.02% or 96,487 shares. Goldman Sachs Gp owns 1.19 million shares or 0.01% of their US portfolio. First Manhattan accumulated 1,000 shares or 0% of the stock. Schwab Charles Invest Mngmt has 0.01% invested in the company for 436,879 shares. Berkshire Asset Limited Co Pa holds 8,989 shares or 0.04% of its portfolio. Price T Rowe Assocs Md last reported 247,274 shares in the company. Moreover, Kcg has 0.07% invested in Toll Brothers Inc (NYSE:TOL) for 119,869 shares.

Insider Transactions: Since May 26, 2016, the stock had 0 insider purchases, and 2 selling transactions for $655,260 net activity. MARBACH CARL B had sold 3,000 shares worth $87,344 on Thursday, May 26. Shares for $567,916 were sold by Hartman Richard T. on Tuesday, August 30.

Toll Brothers Inc (NYSE:TOL) Ratings Coverage

Out of 20 analysts covering Toll Brothers (NYSE:TOL), 8 rate it a “Buy”, 0 “Sell”, while 12 “Hold”. This means 40% are positive. Toll Brothers has been the topic of 36 analyst reports since August 12, 2015 according to StockzIntelligence Inc. Citigroup maintained Toll Brothers Inc (NYSE:TOL) on Wednesday, August 24 with “Neutral” rating. As per Wednesday, August 24, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Wednesday, August 26 by S&P Research. Keefe Bruyette & Woods maintained it with “Market Perform” rating and $35 target price in Wednesday, August 24 report. Susquehanna upgraded Toll Brothers Inc (NYSE:TOL) on Monday, October 5 to “Positive” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $35 target price in Thursday, February 18 report. Buckingham Research maintained Toll Brothers Inc (NYSE:TOL) rating on Wednesday, August 24. Buckingham Research has “Buy” rating and $36 price target. The stock has “Overweight” rating given by Morgan Stanley on Tuesday, October 13. The rating was maintained by Compass Point on Thursday, August 27 with “Hold”. On Wednesday, April 20 the stock rating was downgraded by Zelman to “Hold”.

TOL Company Profile

Toll Brothers, Inc., incorporated on May 28, 1986, is a property development company. The Firm is engaged in designing, building, marketing and arranging finance for detached and attached homes in luxury residential communities. The Firm caters to move-up, empty-nester, active-adult, age-qualified and second-home buyers in the United States. The Firm also manufactures and sells homes in urban infill markets through Toll City Living community. The Firm operates on own land development, architectural, engineering, mortgage, title, landscaping, security monitoring, lumber distribution, house component assembly, and manufacturing operations. The Firm also develops, owns and operates golf courses and country clubs, which are associated with planned communities.

More news for Toll Brothers Inc (NYSE:TOL) were recently published by: Bizjournals.com, which released: “Toll Brothers enters Boise market” on November 08, 2016. Seekingalpha.com‘s article titled: “Toll Brothers moves into Boise with acquisition” and published on November 07, 2016 is yet another important article.

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By Louis Casey


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