Pennsylvania Trust Co buys $4,666,998 stake in Toro Co (TTC)

Toro Co (TTC) : Pennsylvania Trust Co scooped up 8,635 additional shares in Toro Co during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 14, 2016. The investment management firm now holds a total of 98,919 shares of Toro Co which is valued at $4,666,998.Toro Co makes up approximately 0.38% of Pennsylvania Trust Co’s portfolio.

Other Hedge Funds, Including , Capstone Asset Management Co boosted its stake in TTC in the latest quarter, The investment management firm added 1,265 additional shares and now holds a total of 85,977 shares of Toro Co which is valued at $4,002,229. Toro Co makes up approx 0.12% of Capstone Asset Management Co’s portfolio. Fox Run Management L.l.c. sold out all of its stake in TTC during the most recent quarter. The investment firm sold 9,800 shares of TTC which is valued $456,190.Fisher Asset Management boosted its stake in TTC in the latest quarter, The investment management firm added 35,992 additional shares and now holds a total of 1,815,332 shares of Toro Co which is valued at $85,284,297. Toro Co makes up approx 0.16% of Fisher Asset Management’s portfolio.Advisory Services Network reduced its stake in TTC by selling 71 shares or 1.89% in the most recent quarter. The Hedge Fund company now holds 3,689 shares of TTC which is valued at $173,051. Toro Co makes up approx 0.03% of Advisory Services Network’s portfolio.

Toro Co opened for trading at $47.39 and hit $47.77 on the upside on Friday, eventually ending the session at $47.18, with a gain of 0.06% or 0.03 points. The heightened volatility saw the trading volume jump to 3,28,491 shares. Company has a market cap of $5,157 M.

On the company’s financial health, Toro Co reported $1.00 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Aug 18, 2016. Analyst had a consensus of $0.99. The company had revenue of $601.00 million for the quarter, compared to analysts expectations of $622.16 million. The company’s revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.94 EPS.

The Toro Company (Toro) designs manufactures and markets professional turf maintenance equipment and services turf irrigation systems landscaping equipment and lighting agricultural micro-irrigation systems rental and construction equipment and residential yard and snow removal products. The Company sells its products across the world through a network of distributors dealers hardware retailers home centers mass retailers and over the Internet under the names of Toro Exmark Irritrol Hayter Pope Unique Lighting Systems Lawn-Boy and Lawn Genie. The Company operates in three business segments: Professional through which the Company designs professional turf landscape and agricultural products and markets them across the world; Residential which markets its residential products to homeowners and Distribution which consists of the Company’s owned domestic distributorships.

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