MUFG Securities EMEA plc Invests $30.56 Million in Toll Brothers Inc. $TOL

MUFG Securities EMEA plc purchased a new position in Toll Brothers Inc. (NYSE:TOL) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 226,000 shares of the construction company’s stock, valued at approximately $30,560,000.

Other institutional investors have also recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new position in shares of Toll Brothers in the 3rd quarter worth $27,000. Abich Financial Wealth Management LLC bought a new position in shares of Toll Brothers in the 3rd quarter worth $28,000. Ramirez Asset Management Inc. bought a new position in shares of Toll Brothers in the 3rd quarter worth $28,000. Measured Wealth Private Client Group LLC bought a new position in Toll Brothers during the third quarter valued at approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new position in Toll Brothers during the fourth quarter valued at approximately $34,000. Institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Up 0.4%

Shares of Toll Brothers stock opened at $138.67 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67. Toll Brothers Inc. has a 52-week low of $100.92 and a 52-week high of $168.36. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 10.49, a P/E/G ratio of 1.14 and a beta of 1.39. The company’s 50 day moving average price is $137.80 and its 200-day moving average price is $141.74.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.14. Toll Brothers had a net margin of 11.66% and a return on equity of 15.47%. The firm had revenue of $2.53 billion for the quarter, compared to analysts’ expectations of $2.42 billion. During the same quarter last year, the business earned $3.50 earnings per share. The business’s revenue was down 7.6% on a year-over-year basis. Equities research analysts forecast that Toll Brothers Inc. will post 12.7 EPS for the current year.

Toll Brothers Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Friday, April 10th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.7%. This is an increase from Toll Brothers’s previous quarterly dividend of $0.25. The ex-dividend date was Friday, April 10th. Toll Brothers’s dividend payout ratio (DPR) is presently 7.87%.

Wall Street Analyst Weigh In

A number of research analysts have commented on TOL shares. Oppenheimer reiterated an “outperform” rating and set a $180.00 price target (up from $177.00) on shares of Toll Brothers in a research report on Thursday, February 19th. UBS Group reduced their price target on shares of Toll Brothers from $198.00 to $187.00 and set a “buy” rating on the stock in a research report on Thursday, May 21st. Weiss Ratings cut shares of Toll Brothers from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, May 22nd. Evercore reiterated an “outperform” rating and set a $185.00 price target on shares of Toll Brothers in a research report on Thursday, May 21st. Finally, Barclays reduced their price target on shares of Toll Brothers from $116.00 to $115.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Toll Brothers has an average rating of “Moderate Buy” and a consensus target price of $163.81.

Insiders Place Their Bets

In related news, Director Stephen F. East sold 1,000 shares of Toll Brothers stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total value of $139,700.00. Following the sale, the director owned 13,442 shares in the company, valued at $1,877,847.40. The trade was a 6.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.37% of the stock is currently owned by company insiders.

About Toll Brothers

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.