Integrity Alliance LLC. Invests $1.18 Million in Toll Brothers Inc. $TOL

Key Points

• Integrity Alliance LLC invested approximately $1.18 million in Toll Brothers Inc., purchasing 11,205 shares during the first quarter.
• Toll Brothers reported a quarterly EPS of $3.73, exceeding analyst expectations of $3.59, with revenue also surpassing estimates at $2.95 billion.
• The company's dividend yield stands at 0.7%, with a recent quarterly dividend of $0.25 declared, reflecting a payout ratio of 7.35%.

Integrity Alliance LLC. purchased a new position in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,205 shares of the construction company's stock, valued at approximately $1,183,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sound Income Strategies LLC grew its holdings in shares of Toll Brothers by 84.2% during the first quarter. Sound Income Strategies LLC now owns 245 shares of the construction company's stock worth $26,000 after purchasing an additional 112 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of 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. Larson Financial Group LLC grew its holdings in shares of Toll Brothers by 152.6% during the first quarter. Larson Financial Group LLC now owns 293 shares of the construction company's stock worth $31,000 after purchasing an additional 177 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Toll Brothers by 218.4% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 363 shares of the construction company's stock worth $38,000 after purchasing an additional 249 shares during the last quarter. Finally, Operose Advisors LLC bought a new stake in Toll Brothers in the first quarter valued at approximately $42,000. 91.76% of the stock is currently owned by institutional investors.

Toll Brothers Price Performance

Shares of TOL opened at $147.09 on Friday. Toll Brothers Inc. has a 52-week low of $86.67 and a 52-week high of $169.52. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.51 and a current ratio of 4.38. The business's 50 day moving average price is $129.03 and its two-hundred day moving average price is $113.38. The firm has a market cap of $14.18 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 0.94 and a beta of 1.33.

Toll Brothers (NYSE:TOL - Get Free Report) last issued its quarterly earnings results on Tuesday, August 19th. The construction company reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.59 by $0.14. Toll Brothers had a return on equity of 17.42% and a net margin of 12.64%.The firm had revenue of $2.95 billion for the quarter, compared to analyst estimates of $2.86 billion. During the same period in the previous year, the firm earned $3.60 earnings per share. The company's revenue was up 8.0% compared to the same quarter last year. On average, equities analysts anticipate that Toll Brothers Inc. will post 13.83 EPS for the current year.

Toll Brothers Dividend Announcement

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

Insider Transactions at Toll Brothers

In other Toll Brothers news, CEO Douglas C. Jr. Yearley sold 25,000 shares of the business's stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $138.26, for a total value of $3,456,500.00. Following the transaction, the chief executive officer directly owned 286,117 shares of the company's stock, valued at approximately $39,558,536.42. The trade was a 8.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Christine Garvey sold 770 shares of the company's stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $119.82, for a total value of $92,261.40. Following the transaction, the director directly owned 11,590 shares in the company, valued at $1,388,713.80. The trade was a 6.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,413 shares of company stock valued at $5,746,216. 1.54% of the stock is owned by insiders.

Analysts Set New Price Targets

TOL has been the topic of several analyst reports. Raymond James Financial reiterated a "strong-buy" rating and issued a $160.00 target price (up from $130.00) on shares of Toll Brothers in a report on Monday, August 25th. Citigroup upped their target price on Toll Brothers from $134.00 to $138.00 and gave the company a "neutral" rating in a report on Monday, August 25th. Wells Fargo & Company upped their target price on Toll Brothers from $140.00 to $150.00 and gave the company an "overweight" rating in a report on Monday, August 18th. UBS Group reiterated a "buy" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Finally, Seaport Res Ptn upgraded Toll Brothers from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $149.07.

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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