Polianta Ltd Acquires Shares of 10,800 Toll Brothers Inc. $TOL

Polianta Ltd bought a new position in Toll Brothers Inc. (NYSE:TOL) during the first quarter, Holdings Channel.com reports. The institutional investor bought 10,800 shares of the construction company’s stock, valued at approximately $1,473,000.

Several other institutional investors and hedge funds have also made changes to their positions in TOL. Allspring Global Investments Holdings LLC grew its holdings in Toll Brothers by 25.3% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 108,379 shares of the construction company’s stock valued at $14,694,000 after buying an additional 21,907 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Toll Brothers during the 3rd quarter worth $2,408,000. American Century Companies Inc. raised its holdings in shares of Toll Brothers by 19.9% during the 3rd quarter. American Century Companies Inc. now owns 207,807 shares of the construction company’s stock worth $28,706,000 after acquiring an additional 34,432 shares during the period. Annex Advisory Services LLC boosted its position in shares of Toll Brothers by 30.8% during the 4th quarter. Annex Advisory Services LLC now owns 44,251 shares of the construction company’s stock valued at $5,984,000 after acquiring an additional 10,420 shares during the last quarter. Finally, Lighthouse Investment Partners LLC boosted its position in shares of Toll Brothers by 18.2% during the 3rd quarter. Lighthouse Investment Partners LLC now owns 95,304 shares of the construction company’s stock valued at $13,165,000 after acquiring an additional 14,668 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Stephen F. East sold 1,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total transaction of $139,700.00. Following the sale, the director directly owned 13,442 shares in the company, valued at $1,877,847.40. This represents a 6.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following the sale, the chairman directly owned 321,256 shares in the company, valued at approximately $50,302,264.48. The trade was a 19.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.37% of the stock is owned by corporate insiders.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $155.66 on Friday. The firm has a market cap of $14.55 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 1.29 and a beta of 1.36. The company has a quick ratio of 0.59, a current ratio of 4.67 and a debt-to-equity ratio of 0.33. Toll Brothers Inc. has a 52 week low of $105.65 and a 52 week high of $168.36. The business’s fifty day simple moving average is $140.64 and its 200-day simple moving average is $142.98.

Toll Brothers (NYSE:TOL) last issued its quarterly earnings data on Tuesday, May 19th. The construction company reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $0.14. The firm had revenue of $2.53 billion during the quarter, compared to the consensus estimate of $2.42 billion. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.The company’s quarterly revenue was down 7.6% on a year-over-year basis. During the same period last year, the company earned $3.50 EPS. Equities analysts forecast that Toll Brothers Inc. will post 12.68 earnings per share for the current year.

Toll Brothers Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Friday, July 10th. Toll Brothers’s payout ratio is currently 7.87%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on TOL shares. Evercore reissued an “outperform” rating and issued a $185.00 price objective on shares of Toll Brothers in a report on Thursday, May 21st. JPMorgan Chase & Co. lifted their target price on shares of Toll Brothers from $141.00 to $143.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. BTIG Research started coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They issued a “buy” rating on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $158.00 price target on shares of Toll Brothers in a research note on Thursday, June 11th. Finally, UBS Group raised shares of Toll Brothers from a “buy” rating to a “buy” rating in a research report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Toll Brothers currently has an average rating of “Moderate Buy” and a consensus target price of $163.56.

Toll Brothers 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.