Focus Partners Wealth Grows Stock Holdings in Toll Brothers Inc. $TOL

Key Points

• Focus Partners Wealth increased its stake in Toll Brothers Inc. by 11.7%, holding 73,832 shares valued at approximately $7.8 million as of the latest SEC filing.
• Several other institutional investors, including Captrust Financial Advisors and Deutsche Bank AG, also boosted their positions in Toll Brothers during the fourth quarter.
• Toll Brothers' recent earnings report showed a net margin of 12.64% and revenue of $2.95 billion, surpassing analysts' expectations and signaling strong financial performance.

Focus Partners Wealth grew its position in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) by 11.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,832 shares of the construction company's stock after acquiring an additional 7,762 shares during the period. Focus Partners Wealth owned about 0.07% of Toll Brothers worth $7,796,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Captrust Financial Advisors raised its position in Toll Brothers by 25.8% during the 4th quarter. Captrust Financial Advisors now owns 4,092 shares of the construction company's stock valued at $515,000 after purchasing an additional 840 shares during the last quarter. Deutsche Bank AG grew its position in shares of Toll Brothers by 113.3% in the 4th quarter. Deutsche Bank AG now owns 55,847 shares of the construction company's stock worth $7,034,000 after buying an additional 29,665 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Toll Brothers in the 4th quarter worth approximately $2,183,000. ProShare Advisors LLC increased its stake in shares of Toll Brothers by 5.5% during the fourth quarter. ProShare Advisors LLC now owns 4,723 shares of the construction company's stock valued at $595,000 after buying an additional 248 shares during the period. Finally, Point72 Hong Kong Ltd bought a new position in shares of Toll Brothers during the fourth quarter valued at approximately $65,000. 91.76% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Toll Brothers

In other Toll Brothers news, Director Stephen F. East sold 2,500 shares of the business's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $115.33, for a total value of $288,325.00. Following the sale, the director directly owned 12,787 shares of the company's stock, valued at approximately $1,474,724.71. The trade was a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Paul E. Shapiro sold 3,812 shares of the firm's stock in a transaction on Friday, September 5th. The shares were sold at an average price of $147.65, for a total value of $562,841.80. Following the transaction, the director owned 118,753 shares of the company's stock, valued at $17,533,880.45. The trade was a 3.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 42,413 shares of company stock valued at $5,746,216 in the last ninety days. Corporate insiders own 1.54% of the company's stock.

Toll Brothers Trading Down 2.4%

Shares of NYSE TOL opened at $143.48 on Friday. Toll Brothers Inc. has a 1 year low of $86.67 and a 1 year high of $169.52. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.38 and a quick ratio of 0.51. The firm has a 50-day moving average of $129.56 and a 200 day moving average of $113.59. The stock has a market cap of $13.83 billion, a P/E ratio of 10.54, a price-to-earnings-growth ratio of 0.97 and a beta of 1.33.

Toll Brothers (NYSE:TOL - Get Free Report) last announced its earnings results 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. Toll Brothers had a net margin of 12.64% and a return on equity of 17.42%. The business had revenue of $2.95 billion during the quarter, compared to the consensus estimate of $2.86 billion. During the same quarter last year, the firm earned $3.60 earnings per share. The business's revenue for the quarter was up 8.0% on a year-over-year basis. As a group, sell-side analysts expect that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Shareholders of record on Friday, July 11th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, July 11th. This represents a $1.00 dividend on an annualized basis and a yield of 0.7%. Toll Brothers's payout ratio is presently 7.35%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on TOL. Barclays reiterated an "underweight" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Argus raised their target price on shares of Toll Brothers from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, September 5th. Citigroup lifted their target price on shares of Toll Brothers from $134.00 to $138.00 and gave the company a "neutral" rating in a research note on Monday, August 25th. UBS Group reiterated a "buy" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Finally, Wedbush restated an "outperform" rating and issued a $165.00 price objective on shares of Toll Brothers in a report on Friday, September 5th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $149.07.

About Toll Brothers

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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