Toll Brothers (TOL) Reaches $46.48 After 4.00% Up Move; Independence Realty Trust (IRT) Had 3 Analysts Last Week

November 14, 2017 - By Peter Erickson

Among 5 analysts covering Independence Realty Trust (NYSE:IRT), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Independence Realty Trust had 5 analyst reports since September 2, 2015 according to SRatingsIntel. The stock has “Hold” rating by Deutsche Bank on Monday, September 28. The company was upgraded on Wednesday, September 2 by Zacks. The firm has “Buy” rating given on Monday, November 2 by Compass Point. FBR Capital upgraded the stock to “Outperform” rating in Thursday, June 15 report. See Independence Realty Trust Inc (NYSE:IRT) latest ratings:

15/06/2017 Broker: FBR Capital Old Rating: Mkt Perform New Rating: Outperform Old Target: $9.75 New Target: $11.50 Upgrade

The stock of Toll Brothers Inc (NYSE:TOL) is a huge mover today! About 509,252 shares traded. Toll Brothers Inc (NYSE:TOL) has risen 41.46% since November 14, 2016 and is uptrending. It has outperformed by 24.76% the S&P500.The move comes after 7 months positive chart setup for the $7.36B company. It was reported on Nov, 14 by We have $48.34 PT which if reached, will make NYSE:TOL worth $294.40 million more.

Independence Realty Trust, Inc. is an internally-managed real estate investment trust . The company has market cap of $858.99 million. The Firm is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets. It currently has negative earnings. The Firm owns apartment properties in geographic non-gateway markets.

About 109,445 shares traded. Independence Realty Trust Inc (NYSE:IRT) has risen 20.69% since November 14, 2016 and is uptrending. It has outperformed by 3.99% the S&P500.

Investors sentiment increased to 2.58 in Q2 2017. Its up 1.51, from 1.07 in 2017Q1. It improved, as 12 investors sold Independence Realty Trust Inc shares while 26 reduced holdings. 40 funds opened positions while 58 raised stakes. 49.75 million shares or 6.30% more from 46.80 million shares in 2017Q1 were reported. Spirit Of America Mngmt stated it has 76,579 shares. Prudential Fincl owns 124,244 shares or 0% of their US portfolio. State Of Alaska Department Of Revenue, Alaska-based fund reported 11,626 shares. Legal And General Gru Public Ltd Company holds 0% or 108,801 shares. Tiaa Cref Lc accumulated 184,284 shares or 0% of the stock. Bnp Paribas Arbitrage stated it has 23,502 shares or 0% of all its holdings. Rhumbline Advisers invested 0% in Independence Realty Trust Inc (NYSE:IRT). Bb&T Limited Liability reported 18,935 shares stake. Manufacturers Life The reported 0% stake. First Tru Advsr Lp invested in 0% or 14,903 shares. Nine Chapters Cap Ltd Liability Co has 21,600 shares. Morgan Stanley holds 0% of its portfolio in Independence Realty Trust Inc (NYSE:IRT) for 91,339 shares. Private Advisor Group Ltd Llc accumulated 17,440 shares or 0% of the stock. Barclays Public Limited Company reported 0% stake. 92,800 are held by Emerald Mutual Fund Advisers Tru.

Among 27 analysts covering Toll Brothers (NYSE:TOL), 13 have Buy rating, 1 Sell and 13 Hold. Therefore 48% are positive. Toll Brothers had 62 analyst reports since August 12, 2015 according to SRatingsIntel. As per Thursday, February 25, the company rating was maintained by RBC Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, August 24 with “Sector Perform”. M Partners maintained Toll Brothers Inc (NYSE:TOL) on Wednesday, August 26 with “Buy” rating. Credit Suisse downgraded it to “Neutral” rating and $30 target in Monday, July 11 report. The firm earned “Buy” rating on Tuesday, May 23 by RBC Capital Markets. The company was upgraded on Wednesday, August 12 by UBS. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, October 19. The firm has “Positive” rating by Susquehanna given on Monday, October 5. The stock has “Buy” rating by Bank of America on Friday, September 11. The firm has “Buy” rating by Mizuho given on Thursday, May 25.

Toll Brothers, Inc. is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The company has market cap of $7.36 billion. The Firm operates through two divisions: Traditional Home Building and Toll Brothers City Living . It has a 17.33 P/E ratio. Within the Traditional Home Building segment, it operates in five geographic divisions in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.

Since May 19, 2017, it had 0 buys, and 7 selling transactions for $14.97 million activity. SICREE JOSEPH R also sold $173,250 worth of Toll Brothers Inc (NYSE:TOL) on Tuesday, June 13. Shares for $385,029 were sold by Yearley Douglas C. Jr. on Friday, June 2. $76,900 worth of Toll Brothers Inc (NYSE:TOL) shares were sold by Connor Martin P.. Another trade for 85,000 shares valued at $3.32M was sold by NOVICK STEPHEN A. TOLL ROBERT I also sold $74,746 worth of Toll Brothers Inc (NYSE:TOL) on Friday, May 19. The insider BRAEMER RICHARD J sold $566,087.

Analysts await Toll Brothers Inc (NYSE:TOL) to report earnings on December, 5 before the open. They expect $1.19 earnings per share, up 77.61% or $0.52 from last year’s $0.67 per share. TOL’s profit will be $188.43 million for 9.76 P/E if the $1.19 EPS becomes a reality. After $0.87 actual earnings per share reported by Toll Brothers Inc for the previous quarter, Wall Street now forecasts 36.78% EPS growth.

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