HORSHAM, Pa., Dec. 12, 2012 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), (www.tollbrothers.com), the nation's leading builder of luxury homes, today announced that the Company and several of its executives were recognized in Institutional Investor magazine's 2013 All-America Executive Team survey of the investment community. Toll Brothers was The Most Honored Company in the Home Building and Building Products sector and ranked 17th overall among the 1,928 companies receiving votes in this year's survey of the Buy-Side and Sell-Side analyst community.
Within the Homebuilders & Building Products sector, in voting by the Buy-Side community, Toll Brothers' chief executive officer, Douglas C. Yearley, Jr., was ranked as the top CEO and was ranked second by the Sell-Side community. Chief financial officer Martin P. Connor, was ranked second for Best CFO by the Buy Side. Frederick N. Cooper, Senior Vice President of Finance, International Development, and Investor Relations, was ranked first as Best Investor Relations Professional by both Buy-Side and Sell-Side analysts and Toll Brothers received the #1 ranking from both Buy-Side and Sell-Side analysts as the Best Investor Relations Company. This was the sixth consecutive year that Toll Brothers was honored by Institutional Investor for its Investor Relations.
To determine the members of the 2013 All-America Executive Team, Institutional Investor surveyed 1,527 Buy-Side analysts, and 1,258 Sell-Side analysts at 801 firms who participated in the survey to name the best chief executive officers, chief financial officers, investor relations professionals and companies with the best investor relations programs in their domains. A total of 1,928 companies received votes from buy-side or sell-side analysts and 145 were named to the Most Honored Companies list by sector.
Toll Brothers, Inc. is the nation's leading builder of luxury homes. The Company began business in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol "TOL." The Company serves move-up, empty-nester, active-adult, and second-home buyers and operates in 20 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Illinois, Maryland, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Texas, Virginia, and Washington.
Toll Brothers builds an array of luxury residential communities, principally on land it develops and improves: single-family detached and attached home communities, master planned resort-style golf communities, and urban low-, mid- and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development and land sale, golf course development and management, home security, and landscape subsidiaries. The Company also operates its own lumber distribution, house component assembly, and manufacturing operations. The Company acquires and develops commercial properties through Toll Commercial and its affiliate, Toll Brothers Realty Trust, and purchases distressed loan and real estate asset portfolios through its wholly owned subsidiary, Gibraltar Capital and Asset Management.
Toll Brothers is honored to have won the three most coveted awards in the homebuilding industry: America's Best Builder from the National Association of Home Builders, the National Housing Quality Award and Builder of the Year. Toll Brothers was awarded Builder of the Year for 2012 and is the only two-time recipient. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company sponsors the Toll Brothers Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit www.tollbrothers.com
Source:Toll Brothers, Inc.