Universal Beteiligungs und Servicegesellschaft mbH Invests $6.29 Million in Toll Brothers, Inc. (NYSE:TOL)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Toll Brothers, Inc. (NYSE:TOL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 49,933 shares of the construction company's stock, valued at approximately $6,289,000.

A number of other institutional investors also recently bought and sold shares of TOL. Barclays PLC lifted its position in 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 buying an additional 8,794 shares during the last quarter. Blue Trust Inc. lifted 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 purchasing an additional 481 shares during the last quarter. Union Bancaire Privee UBP SA bought a new stake in shares of Toll Brothers during the fourth quarter worth $15,253,000. KBC Group NV lifted its position in shares of Toll Brothers by 49.9% during the fourth quarter. KBC Group NV now owns 4,239 shares of the construction company's stock worth $534,000 after purchasing an additional 1,412 shares during the last quarter. Finally, Foundations Investment Advisors LLC lifted its position in shares of Toll Brothers by 15.6% during the fourth quarter. Foundations Investment Advisors LLC now owns 2,717 shares of the construction company's stock worth $342,000 after purchasing an additional 367 shares during the last quarter. 91.76% of the stock is currently owned by institutional investors.

Toll Brothers Price Performance

TOL traded up $1.73 during midday trading on Wednesday, hitting $107.21. 347,021 shares of the company traded hands, compared to its average volume of 1,559,312. 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 company has a market capitalization of $10.71 billion, a price-to-earnings ratio of 7.37, a PEG ratio of 1.02 and a beta of 1.45. Toll Brothers, Inc. has a 52-week low of $86.67 and a 52-week high of $169.52. The business has a 50 day simple moving average of $100.99 and a two-hundred day simple moving average of $119.35.

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 (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.64. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.50 billion. Toll Brothers had a net margin of 14.03% and a return on equity of 18.32%. The company's revenue was down 3.5% compared to the same quarter last year. During the same period last year, the firm posted $3.38 earnings per share. On average, equities analysts forecast that Toll Brothers, Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were paid a $0.25 dividend. This is an increase from Toll Brothers's previous quarterly dividend of $0.23. This represents a $1.00 annualized dividend and a dividend yield of 0.93%. The ex-dividend date was Friday, April 11th. Toll Brothers's dividend payout ratio (DPR) is currently 7.42%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Bank of America decreased their target price on Toll Brothers from $156.00 to $140.00 and set a "buy" rating for the company in a research report on Thursday, February 20th. Royal Bank of Canada cut their price target on Toll Brothers from $139.00 to $133.00 and set an "outperform" rating on the stock in a research note on Friday, May 16th. Evercore ISI restated an "outperform" rating and set a $169.00 price target (up previously from $167.00) on shares of Toll Brothers in a research note on Thursday, May 22nd. The Goldman Sachs Group cut their price target on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Finally, Raymond James restated a "strong-buy" rating and set a $130.00 price target (down previously from $145.00) on shares of Toll Brothers in a research note on Friday, May 23rd. One equities research analyst has rated the stock with a sell rating, six have issued 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, Toll Brothers presently has a consensus rating of "Moderate Buy" and a consensus target price of $141.00.

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.