U S Global Investors Inc. Makes New $459,000 Investment in Toll Brothers Inc. (NYSE:TOL)

U S Global Investors Inc. purchased a new position in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,350 shares of the construction company's stock, valued at approximately $459,000.

Several other hedge funds also recently made changes to their positions in TOL. Smartleaf Asset Management LLC boosted its holdings in Toll Brothers by 34.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock worth $37,000 after purchasing an additional 75 shares during the last quarter. Insigneo Advisory Services LLC lifted its position in Toll Brothers by 4.7% during the 4th quarter. Insigneo Advisory Services LLC now owns 1,990 shares of the construction company's stock worth $251,000 after buying an additional 89 shares in the last quarter. Peapack Gladstone Financial Corp grew its holdings in shares of Toll Brothers by 5.9% in the 4th quarter. Peapack Gladstone Financial Corp now owns 1,800 shares of the construction company's stock valued at $227,000 after acquiring an additional 100 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of Toll Brothers by 1.7% in the fourth quarter. NewEdge Advisors LLC now owns 6,051 shares of the construction company's stock valued at $762,000 after acquiring an additional 100 shares during the last quarter. Finally, Bessemer Group Inc. increased its position in shares of Toll Brothers by 46.6% in the fourth quarter. Bessemer Group Inc. now owns 327 shares of the construction company's stock valued at $41,000 after acquiring an additional 104 shares during the last quarter. 91.76% of the stock is owned by institutional investors.

Toll Brothers Stock Performance

Shares of TOL stock traded up $0.64 during midday trading on Friday, hitting $114.47. 2,011,062 shares of the company were exchanged, compared to its average volume of 1,598,624. Toll Brothers Inc. has a 52 week low of $86.67 and a 52 week high of $169.52. The firm has a market capitalization of $11.24 billion, a P/E ratio of 8.49, a PEG ratio of 1.18 and a beta of 1.35. The firm's 50 day moving average price is $105.54 and its two-hundred day moving average price is $113.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.44 and a current ratio of 4.21.

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

Toll Brothers Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Friday, July 11th. Toll Brothers's dividend payout ratio is 7.42%.

Analysts Set New Price Targets

TOL has been the subject of several recent research reports. Barclays restated an "underweight" rating on shares of Toll Brothers in a research note on Tuesday, May 20th. Wedbush reissued an "outperform" rating on shares of Toll Brothers in a report on Tuesday, May 20th. Royal Bank Of Canada decreased their target price on shares of Toll Brothers from $139.00 to $133.00 and set an "outperform" rating for the company in a research note on Friday, May 16th. Wells Fargo & Company upped their price target on shares of Toll Brothers from $125.00 to $130.00 and gave the stock an "overweight" rating in a research report on Friday. Finally, Oppenheimer cut their price target on shares of Toll Brothers from $165.00 to $155.00 and set an "outperform" rating for the company in a research note on Thursday, May 15th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $141.46.

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.