What’s Next for Toll Brothers Inc After Today’s Bullish Options Activity?

 What's Next for Toll Brothers Inc After Today's Bullish Options Activity?

In today’s session Toll Brothers Inc (TOL) registered an unusually high (121) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious TOL increase. With 121 contracts traded and 56954 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: TOL161021C00030000 closed last at: $0.3 or 14.3% down. About 219,465 shares traded hands. Toll Brothers Inc (NYSE:TOL) has risen 5.62% since March 9, 2016 and is uptrending. It has underperformed by 1.80% the S&P500.

Toll Brothers Inc (NYSE:TOL) Ratings Coverage

Out of 19 analysts covering Toll Brothers (NYSE:TOL), 8 rate it a “Buy”, 0 “Sell”, while 11 “Hold”. This means 42% are positive. Toll Brothers has been the topic of 35 analyst reports since August 12, 2015 according to StockzIntelligence Inc. As per Monday, October 5, the company rating was upgraded by Susquehanna. The stock of Toll Brothers Inc (NYSE:TOL) earned “Neutral” rating by UBS on Wednesday, August 12. The stock of Toll Brothers Inc (NYSE:TOL) earned “Neutral” rating by Citigroup on Wednesday, August 24. The company was maintained on Wednesday, August 26 by Wood. The stock of Toll Brothers Inc (NYSE:TOL) has “Sector Perform” rating given on Thursday, February 25 by RBC Capital Markets. FBN Securities upgraded the stock to “Sector Perform” rating in Tuesday, January 5 report. The firm has “Buy” rating given on Wednesday, August 26 by M Partners. The rating was maintained by S&P Research with “Buy” on Wednesday, August 26. The firm earned “Hold” rating on Wednesday, April 20 by Zelman. The stock of Toll Brothers Inc (NYSE:TOL) earned “Hold” rating by Compass Point on Thursday, August 27.

According to Zacks Investment Research, “TOLL BROTHERS INC. designs, builds, markets and arranges financing for single-family detached and attached homes in middle and high income residential communities in thirteen staes and five regions around the country. The communities are generally located on land Co. has developed, although, due to the poor economic conditions during the early 1990’s, Co. has been able to acquire a number of fully approved parcels and often improved subdivisions.”

Insitutional Activity: The institutional sentiment increased to 1.14 in 2016 Q2. Its up 0.08, from 1.06 in 2016Q1. The ratio increased, 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.
Morgan Stanley has invested 0.01% of its portfolio in Toll Brothers Inc (NYSE:TOL). Janus Cap Llc last reported 42,500 shares in the company. Mcf Advsr Ltd owns 887 shares or 0.01% of their US portfolio. Eulav Asset holds 0.4% of its portfolio in Toll Brothers Inc (NYSE:TOL) for 270,000 shares. Wellington Management Llp accumulated 0% or 588,943 shares. Ejf Capital Limited Liability holds 30,000 shares or 0.08% of its portfolio. Raymond James Assocs accumulated 0.01% or 96,136 shares. M Secs Inc holds 0.11% of its portfolio in Toll Brothers Inc (NYSE:TOL) for 7,910 shares. Amalgamated Bank has 23,827 shares for 0.04% of their US portfolio. Blackrock Institutional Tru Communications Na has invested 0.03% of its portfolio in Toll Brothers Inc (NYSE:TOL). Hudock Cap Grp Ltd Company, a Pennsylvania-based fund reported 304 shares. Moreover, Mycio Wealth Prtnrs Lc has 0% invested in Toll Brothers Inc (NYSE:TOL) for 500 shares. Sumitomo Mitsui Tru Inc, a Japan-based fund reported 472,507 shares. Comerica National Bank & Trust accumulated 105,541 shares or 0.03% of the stock. Meiji Yasuda Life has invested 0.05% of its portfolio in Toll Brothers Inc (NYSE:TOL).

Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 2 sales for $655,260 net activity. 18,310 shares were sold by Hartman Richard T., worth $567,916. On Thursday, May 26 MARBACH CARL B sold $87,344 worth of the stock or 3,000 shares.

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 $4.74 billion. The Firm caters to move-up, empty nester, active-adult, age-qualified and second-home buyers in the United States . It has a 12.55 P/E ratio. The Firm operates in two divisions: traditional home building and urban infill.

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.

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