Lone Pine Capital Reduces $559M in Toll Brothers, Inc. ($TOL)
Key Points
- Lone Pine Capital changed its Toll Brothers, Inc. ($TOL) stake by 100.0% last quarter, cutting to 0 shares.
- Wall Street's consensus rating on $TOL is Buy and an average price target of $164.31.
- $TOL last traded around $147.10.
Lone Pine Capital reduced its position in Toll Brothers, Inc. ($TOL), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Toll Brothers, Inc. after selling 3,800,580 shares during the quarter.
Toll Brothers, Inc. ($TOL) Stock
Toll Brothers, Inc. Earnings
Toll Brothers, Inc. Dividend
Analysts Set New Price Targets
About Toll Brothers, Inc.
Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, rents apartments and student housing communities. In addition, it provides various interior fit-out options, such as flooring, wall tile, plumbing, cabinets, fixtures, appliances, lighting, and home-automation and security technologies. Further, the company owns and operates architectural, engineering, mortgage, title, land development, insurance, smart home technology, landscaping, lumber distribution, house component assembly, and component manufacturing operations. It serves luxury first-time, move-up, empty-nester, active-adult, and second-home buyers. The company was founded in 1967 and is headquartered in Fort Washington, Pennsylvania.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.