Bank of Montreal Can trimmed its position in shares of Toll Brothers Inc (NYSE:TOL) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,306,845 shares of the construction company’s stock after selling 91,529 shares during the period. Bank of Montreal Can owned roughly 4.01% of Toll Brothers worth $589,449,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. C M Bidwell & Associates Ltd. lifted its position in shares of Toll Brothers by 44.3% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 11,199 shares of the construction company’s stock worth $621,000 after buying an additional 3,955 shares during the period. Iowa Trust Co lifted its position in shares of Toll Brothers by 1.4% during the 4th quarter. Iowa Trust Co now owns 26,717 shares of the construction company’s stock worth $1,670,000 after buying an additional 342 shares during the period. WP Advisors LLC lifted its position in shares of Toll Brothers by 10.6% during the 4th quarter. WP Advisors LLC now owns 9,500 shares of the construction company’s stock worth $472,000 after buying an additional 925 shares during the period. Canada Pension Plan Investment Board lifted its position in shares of Toll Brothers by 40.8% during the 4th quarter. Canada Pension Plan Investment Board now owns 139,945 shares of the construction company’s stock worth $7,535,000 after buying an additional 40,300 shares during the period. Finally, Wayne Hummer Investments L.L.C. lifted its position in shares of Toll Brothers by 528.6% during the 4th quarter. Wayne Hummer Investments L.L.C. now owns 183,516 shares of the construction company’s stock worth $10,526,000 after buying an additional 146,240 shares during the period.

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TOL stock opened at $28.78 on Friday. The company has a quick ratio of 0.86, a current ratio of 8.23 and a debt-to-equity ratio of 0.74. Toll Brothers Inc has a fifty-two week low of $25.34 and a fifty-two week high of $37.61. The firm has a market capitalization of $4.12 billion, a PE ratio of 12.47, a PEG ratio of 0.75 and a beta of 1.76.

Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, January 29th. The construction company reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.16. Toll Brothers had a return on equity of 16.48% and a net margin of 7.08%. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same period in the prior year, the business earned $0.77 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. As a group, equities research analysts forecast that Toll Brothers Inc will post 3.6 earnings per share for the current fiscal year.

A number of equities analysts have weighed in on TOL shares. Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $36.00 price objective for the company in a research note on Tuesday, January 29th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $41.00 price objective on shares of Toll Brothers in a research note on Monday, January 28th. Nomura raised Toll Brothers from a “neutral” rating to a “buy” rating and set a $38.00 price objective for the company in a research note on Wednesday, December 19th. Barclays increased their price objective on Toll Brothers from $41.00 to $42.00 and gave the company an “overweight” rating in a research note on Wednesday, December 19th. Finally, Morgan Stanley lifted their price objective on Toll Brothers from $38.00 to $41.00 and gave the company an “overweight” rating in a research note on Wednesday, December 19th. Four research analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company. The stock currently has an average rating of “Buy�