Is Buying Stock Like Toll Brothers Inc Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Toll Brothers Inc Good Idea After Today's Bullish Options Activity?

In today’s session Toll Brothers Inc (TOL) registered an unusually high (294) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TOL increase. With 294 contracts traded and 5634 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TOL170120C00029000 closed last at: $1.4 or 9.7% down. About 761,881 shares traded hands. Toll Brothers Inc (NYSE:TOL) has risen 1.17% since March 16, 2016 and is uptrending. It has underperformed by 4.38% 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. The stock of Toll Brothers Inc (NYSE:TOL) earned “Buy” rating by M Partners on Wednesday, February 24. Zelman downgraded Toll Brothers Inc (NYSE:TOL) on Wednesday, April 20 to “Hold” rating. Barclays Capital maintained the shares of TOL in a report on Thursday, April 7 with “Equalweight” rating. Keefe Bruyette & Woods maintained it with “Market Perform” rating and $35 target price in Wednesday, August 24 report. The stock of Toll Brothers Inc (NYSE:TOL) has “Sector Perform” rating given on Thursday, December 10 by RBC Capital Markets. As per Friday, September 11, the company rating was reinitiated by Bank of America. The firm has “Market Perform” rating by Wood given on Wednesday, August 26. As per Thursday, September 29, the company rating was initiated by Wells Fargo. The company was upgraded on Friday, November 13 by JP Morgan. The firm earned “Sector Perform” rating on Tuesday, January 5 by FBN Securities.

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 Q2 2016. Its up 0.08, from 1.06 in 2016Q1. The ratio improved, 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.
Bnp Paribas Invest Sa accumulated 0% or 12,541 shares. First Foundation Advisors has 12,952 shares for 0.03% of their US portfolio. Essex Inv Company Limited Liability Company has invested 0.34% of its portfolio in Toll Brothers Inc (NYSE:TOL). Principal Group Inc Inc, a Iowa-based fund reported 562,298 shares. Invest Counselors Of Maryland Limited Liability Corp has 49,767 shares for 0.07% of their US portfolio. Cap Growth Limited Partnership holds 2.26 million shares or 2.71% of its portfolio. Meiji Yasuda Asset Ltd owns 11,350 shares or 0.04% of their US portfolio. Pnc Finance Serv Gp last reported 7,746 shares in the company. Public Sector Pension Board accumulated 0.01% or 20,000 shares. Point72 Asia (Hong Kong) Limited has invested 0.77% of its portfolio in Toll Brothers Inc (NYSE:TOL). Brave Asset Mgmt has invested 0.01% of its portfolio in Toll Brothers Inc (NYSE:TOL). Shelton Capital has invested 0.04% of its portfolio in Toll Brothers Inc (NYSE:TOL). California Public Employees Retirement Systems accumulated 360,400 shares or 0.02% of the stock. Elk Creek Limited Company has invested 0.28% of its portfolio in Toll Brothers Inc (NYSE:TOL). Blackrock Institutional Na holds 0.03% or 5.88M shares in its portfolio.

Insider Transactions: Since May 26, 2016, the stock had 0 buys, and 2 sales for $655,260 net activity. On Tuesday, August 30 the insider Hartman Richard T. sold $567,916. MARBACH CARL B had sold 3,000 shares worth $87,344.

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 $4.80 billion. The Firm caters to move-up, empty nester, active-adult, age-qualified and second-home buyers in the United States . It has a 12.52 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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