Universal Beteiligungs und Servicegesellschaft mbH Increases Position in Toll Brothers Inc. (NYSE:TOL)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH has increased its stake in Toll Brothers Inc. by 20.7%, owning 60,251 shares worth approximately $6.36 million after purchasing an additional 10,318 shares.
• Insider transactions revealed that Directors Stephen F. East and Christine Garvey sold 2,500 and 770 shares respectively, with the latter representing a 16.35% and 6.23% decrease in their holdings.
• Analysts have mixed ratings on Toll Brothers, with an average rating of "Moderate Buy" and a price target range of $120.00 to $169.00, highlighting divergent views on the stock's future performance.

Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of Toll Brothers Inc. (NYSE:TOL - Free Report) by 20.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,251 shares of the construction company's stock after purchasing an additional 10,318 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.06% of Toll Brothers worth $6,362,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TOL. Sound Income Strategies LLC grew its position in shares of Toll Brothers by 84.2% in the 1st quarter. Sound Income Strategies LLC now owns 245 shares of the construction company's stock worth $26,000 after buying an additional 112 shares during the last quarter. Larson Financial Group LLC grew its holdings in Toll Brothers by 152.6% in 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. Quarry LP increased its position in shares of Toll Brothers by 1,035.7% during the fourth quarter. Quarry LP now owns 318 shares of the construction company's stock worth $40,000 after purchasing an additional 290 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Toll Brothers by 46.6% during the 4th quarter. Bessemer Group Inc. now owns 327 shares of the construction company's stock valued at $41,000 after purchasing an additional 104 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its position in shares of Toll Brothers by 415.0% in the 1st quarter. Sunbelt Securities Inc. now owns 515 shares of the construction company's stock worth $54,000 after purchasing an additional 415 shares in the last quarter. Hedge funds and other institutional investors own 91.76% of the company's stock.

Insider Transactions at Toll Brothers

In other Toll Brothers news, Director Christine Garvey sold 770 shares of the stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $119.82, for a total transaction of $92,261.40. Following the completion of the transaction, the director owned 11,590 shares of the company's stock, valued at $1,388,713.80. This represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Michael J. Grubb sold 500 shares of Toll Brothers stock in a transaction that occurred on Monday, July 14th. The stock was sold at an average price of $120.00, for a total value of $60,000.00. Following the completion of the sale, the chief accounting officer directly owned 2,439 shares in the company, valued at $292,680. This represents a 17.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,770 shares of company stock valued at $440,586 over the last 90 days. Corporate insiders own 1.54% of the company's stock.

Toll Brothers Price Performance

Shares of Toll Brothers stock traded up $0.29 during trading hours on Monday, reaching $123.33. The stock had a trading volume of 1,077,696 shares, compared to its average volume of 1,811,561. The stock's 50 day moving average is $112.30 and its 200 day moving average is $112.11. The company has a current ratio of 4.21, a quick ratio of 0.44 and a debt-to-equity ratio of 0.35. Toll Brothers Inc. has a twelve month low of $86.67 and a twelve month high of $169.52. The firm has a market capitalization of $12.11 billion, a PE ratio of 9.15, a PEG ratio of 1.28 and a beta of 1.36.

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

Toll Brothers Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 25th. Stockholders of record on Friday, July 11th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, July 11th. This represents a $1.00 annualized dividend and a dividend yield of 0.81%. Toll Brothers's dividend payout ratio (DPR) is 7.42%.

Analysts Set New Price Targets

A number of equities research analysts have commented on TOL shares. Seaport Res Ptn upgraded Toll Brothers from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods lowered their target price on shares of Toll Brothers from $132.00 to $120.00 and set a "market perform" rating for the company in a research note on Tuesday, May 20th. Wells Fargo & Company boosted their target price on shares of Toll Brothers from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $130.00 price target (down previously from $145.00) on shares of Toll Brothers in a report on Friday, May 23rd. Finally, Barclays reissued an "underweight" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $141.85.

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.