Toll Brothers Inc (TOL)

Toll Brothers Inc. (TOL) stock dropped by 5.22% due to changes in investor holdings, notably by Nisa Investment Advisors LLC. According to their latest Form 13F filing with the SEC, Nisa Investment Advisors LLC reduced its holdings in Toll Brothers by 23.1% during the third quarter, selling 12,542 shares. Their remaining stake amounted to 41,653 shares, valued at $3,081,000 as per the most recent filing.

Toll Brothers, Inc. Stock (TOL) dropped by 5.77% from $75.40 to $71.05 in the trading on Thursday October 12, 2023. The reason why TOL stock down today is due to lower price target from the analysts. Barclays maintained an Underweight rating for TOL but lowered its price target from $81 to $74, which is a headwind causing TOL stock down today.