Financial Security Advisor Inc. Takes Position in Toll Brothers Inc. (NYSE:TOL)

Financial Security Advisor Inc. purchased a new stake in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,189 shares of the construction company's stock, valued at approximately $231,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Toll Brothers in the 4th quarter valued at $149,924,000. Balyasny Asset Management L.P. boosted its holdings in shares of Toll Brothers by 24,475.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,114,728 shares of the construction company's stock valued at $140,400,000 after acquiring an additional 1,110,192 shares during the last quarter. D1 Capital Partners L.P. purchased a new stake in shares of Toll Brothers in the 4th quarter valued at $106,428,000. Junto Capital Management LP purchased a new stake in shares of Toll Brothers in the 4th quarter valued at $54,929,000. Finally, FMR LLC boosted its holdings in shares of Toll Brothers by 19.4% in the 4th quarter. FMR LLC now owns 2,528,853 shares of the construction company's stock valued at $318,509,000 after acquiring an additional 410,394 shares during the last quarter. Institutional investors and hedge funds own 91.76% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently commented on TOL. Wedbush reaffirmed an "outperform" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Wall Street Zen raised shares of Toll Brothers from a "sell" rating to a "hold" rating in a report on Wednesday, May 14th. UBS Group reaffirmed a "buy" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Barclays reissued an "underweight" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Finally, Royal Bank Of Canada lowered their price target on shares of Toll Brothers from $139.00 to $133.00 and set an "outperform" rating on the stock in a report on Friday, May 16th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Toll Brothers has a consensus rating of "Moderate Buy" and a consensus price target of $141.85.

Toll Brothers Price Performance

NYSE:TOL traded down $1.65 during trading hours on Friday, reaching $120.98. 1,766,657 shares of the company were exchanged, compared to its average volume of 1,610,655. The company has a current ratio of 4.21, a quick ratio of 0.44 and a debt-to-equity ratio of 0.35. The stock's 50-day moving average is $109.33 and its 200-day moving average is $112.63. The firm has a market cap of $11.88 billion, a PE ratio of 8.97, a price-to-earnings-growth ratio of 1.26 and a beta of 1.36. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $169.52.

Toll Brothers (NYSE:TOL - Get Free Report) last posted its quarterly earnings data on Tuesday, May 20th. The construction company reported $3.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.86 by $0.64. The company had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.50 billion. Toll Brothers had a net margin of 12.95% and a return on equity of 17.87%. The firm's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period in the prior year, the business posted $3.38 earnings per share. On average, sell-side analysts anticipate that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend is Friday, July 11th. Toll Brothers's dividend payout ratio (DPR) is 7.42%.

Toll Brothers 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.