UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Position in Toll Brothers, Inc. (NYSE:TOL)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Toll Brothers, Inc. (NYSE:TOL - Free Report) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 279,070 shares of the construction company's stock after buying an additional 25,724 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of Toll Brothers worth $35,149,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Barclays PLC increased its stake in shares of Toll Brothers by 3.9% in the third quarter. Barclays PLC now owns 233,681 shares of the construction company's stock worth $36,103,000 after purchasing an additional 8,794 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of Toll Brothers by 17.4% during the fourth quarter. First Citizens Bank & Trust Co. now owns 2,760 shares of the construction company's stock worth $348,000 after acquiring an additional 409 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its position in shares of Toll Brothers by 69.2% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 5,730 shares of the construction company's stock worth $722,000 after acquiring an additional 2,344 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Toll Brothers by 136.3% during the fourth quarter. Blue Trust Inc. now owns 834 shares of the construction company's stock worth $105,000 after acquiring an additional 481 shares during the last quarter. Finally, Union Bancaire Privee UBP SA bought a new position in shares of Toll Brothers during the fourth quarter worth $15,253,000. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Stock Down 0.6%

Shares of NYSE:TOL traded down $0.68 during trading on Friday, reaching $104.37. The stock had a trading volume of 1,346,063 shares, compared to its average volume of 1,564,523. Toll Brothers, Inc. has a one year low of $86.67 and a one year high of $169.52. The company has a market capitalization of $10.43 billion, a P/E ratio of 7.18, a PEG ratio of 1.02 and a beta of 1.45. The company has a current ratio of 4.65, a quick ratio of 0.80 and a debt-to-equity ratio of 0.35. The firm's 50-day simple moving average is $101.18 and its 200 day simple moving average is $120.03.

Toll Brothers (NYSE:TOL - Get Free Report) last released its earnings results on Tuesday, May 20th. The construction company reported $3.50 EPS 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 14.03% and a return on equity of 18.32%. Toll Brothers's revenue for the quarter was down 3.5% on a year-over-year basis. During the same period last year, the business earned $3.38 EPS. As a group, research analysts expect that Toll Brothers, Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 25th. Shareholders of record on Friday, April 11th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.96%. The ex-dividend date was Friday, April 11th. This is a boost from Toll Brothers's previous quarterly dividend of $0.23. Toll Brothers's payout ratio is 7.42%.

Wall Street Analysts Forecast Growth

TOL has been the subject of several research reports. Wedbush reiterated an "outperform" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Barclays reiterated an "underweight" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Royal Bank of Canada lowered their price objective on shares of Toll Brothers from $139.00 to $133.00 and set an "outperform" rating for the company in a research report on Friday, May 16th. The Goldman Sachs Group lowered their price objective on shares of Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a research report on Thursday, February 20th. Finally, Wall Street Zen upgraded shares of Toll Brothers from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $141.36.

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.