Callan Family Office LLC Has $778,000 Holdings in Toll Brothers Inc. $TOL

Callan Family Office LLC boosted its holdings in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) by 110.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,819 shares of the construction company's stock after buying an additional 3,578 shares during the quarter. Callan Family Office LLC's holdings in Toll Brothers were worth $778,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Farther Finance Advisors LLC boosted its holdings in shares of Toll Brothers by 6.5% during the second quarter. Farther Finance Advisors LLC now owns 1,485 shares of the construction company's stock worth $169,000 after acquiring an additional 90 shares during the period. Brooklyn Investment Group lifted its stake in Toll Brothers by 52.8% during the first quarter. Brooklyn Investment Group now owns 272 shares of the construction company's stock worth $29,000 after purchasing an additional 94 shares during the last quarter. Old Port Advisors lifted its stake in Toll Brothers by 4.5% during the second quarter. Old Port Advisors now owns 2,165 shares of the construction company's stock worth $247,000 after purchasing an additional 94 shares during the last quarter. KLP Kapitalforvaltning AS lifted its stake in Toll Brothers by 0.4% during the first quarter. KLP Kapitalforvaltning AS now owns 24,800 shares of the construction company's stock worth $2,619,000 after purchasing an additional 100 shares during the last quarter. Finally, J.Safra Asset Management Corp lifted its stake in Toll Brothers by 6.7% during the first quarter. J.Safra Asset Management Corp now owns 1,706 shares of the construction company's stock worth $180,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company's stock.

Toll Brothers Stock Performance

NYSE TOL opened at $127.51 on Tuesday. The company has a market capitalization of $12.29 billion, a price-to-earnings ratio of 9.37, a PEG ratio of 1.51 and a beta of 1.40. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The stock has a fifty day simple moving average of $136.40 and a 200 day simple moving average of $117.86. The company has a quick ratio of 0.51, a current ratio of 4.38 and a debt-to-equity ratio of 0.36.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Tuesday, August 19th. The construction company reported $3.73 earnings per share for the quarter, beating analysts' consensus estimates of $3.59 by $0.14. The business had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.86 billion. Toll Brothers had a return on equity of 17.42% and a net margin of 12.64%.Toll Brothers's quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the business posted $3.60 earnings per share. Sell-side analysts expect that Toll Brothers Inc. will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Friday, October 10th. Toll Brothers's dividend payout ratio is presently 7.35%.

Analyst Ratings Changes

TOL has been the subject of several recent analyst reports. Evercore ISI restated an "in-line" rating and set a $160.00 target price (down from $169.00) on shares of Toll Brothers in a research note on Tuesday, October 7th. Raymond James Financial restated a "strong-buy" rating and set a $160.00 target price (up from $130.00) on shares of Toll Brothers in a research note on Monday, August 25th. Weiss Ratings restated a "hold (c+)" rating on shares of Toll Brothers in a research note on Wednesday, October 8th. Wells Fargo & Company upped their price target on shares of Toll Brothers from $140.00 to $150.00 and gave the stock an "overweight" rating in a report on Monday, August 18th. Finally, Citigroup upped their price target on shares of Toll Brothers from $138.00 to $147.00 and gave the stock a "neutral" rating in a report on Wednesday, October 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $149.43.

Insider Buying and Selling

In related news, Director Paul E. Shapiro sold 3,812 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $147.65, for a total value of $562,841.80. Following the completion of the sale, the director directly owned 118,753 shares in the company, valued at $17,533,880.45. This represents a 3.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Stephen F. East sold 2,500 shares of the company's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $115.33, for a total transaction of $288,325.00. Following the sale, the director directly owned 12,787 shares in the company, valued at $1,474,724.71. This trade represents a 16.35% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 41,143 shares of company stock valued at $5,593,955. Company insiders own 1.54% of the company's stock.

Toll Brothers Company Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.

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