Universal Beteiligungs und Servicegesellschaft mbH Raises Position in Toll Brothers Inc. $TOL

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Toll Brothers Inc. (NYSE:TOL) by 6.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 57,026 shares of the construction company’s stock after buying an additional 3,460 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.06% of Toll Brothers worth $7,878,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Chicago Partners Investment Group LLC boosted its holdings in Toll Brothers by 28.2% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 2,867 shares of the construction company’s stock worth $398,000 after acquiring an additional 630 shares during the period. Vest Financial LLC raised its stake in shares of Toll Brothers by 26.5% during the third quarter. Vest Financial LLC now owns 29,241 shares of the construction company’s stock valued at $4,039,000 after purchasing an additional 6,122 shares during the period. Jackson Thornton Wealth Management LLC raised its stake in shares of Toll Brothers by 7.5% during the third quarter. Jackson Thornton Wealth Management LLC now owns 2,137 shares of the construction company’s stock valued at $282,000 after purchasing an additional 150 shares during the period. Root Financial Partners LLC acquired a new position in shares of Toll Brothers during the third quarter worth $44,000. Finally, NorthCrest Asset Manangement LLC boosted its stake in shares of Toll Brothers by 1.9% in the third quarter. NorthCrest Asset Manangement LLC now owns 26,604 shares of the construction company’s stock valued at $3,535,000 after purchasing an additional 504 shares during the period. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $144.95 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.64 and a current ratio of 4.38. Toll Brothers Inc. has a 1 year low of $86.67 and a 1 year high of $151.10. The firm’s 50-day simple moving average is $138.89 and its 200-day simple moving average is $135.05. The firm has a market cap of $13.77 billion, a PE ratio of 10.69, a price-to-earnings-growth ratio of 1.14 and a beta of 1.43.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 earnings per share for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. The firm had revenue of $3.42 billion during the quarter, compared to the consensus estimate of $3.32 billion. During the same period in the prior year, the firm earned $4.63 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts forecast that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 9th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Friday, January 9th. Toll Brothers’s payout ratio is 7.37%.

Insider Activity

In related news, Director Paul E. Shapiro sold 3,965 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $146.68, for a total transaction of $581,586.20. Following the transaction, the director directly owned 118,680 shares in the company, valued at $17,407,982.40. This trade represents a 3.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on TOL. BTIG Research assumed coverage on shares of Toll Brothers in a report on Monday, December 1st. They set a “neutral” rating for the company. Royal Bank Of Canada lowered their target price on Toll Brothers from $145.00 to $144.00 and set an “outperform” rating for the company in a research note on Wednesday, December 10th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Toll Brothers in a research report on Wednesday. Bank of America cut their price target on Toll Brothers from $155.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, October 10th. Finally, Wells Fargo & Company increased their price target on Toll Brothers from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $154.40.

Toll Brothers Company Profile

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.