Van Hulzen Asset Management LLC Has $845,000 Stake in Toll Brothers Inc. $TOL

Key Points

• Van Hulzen Asset Management LLC increased its stake in Toll Brothers Inc. by 60%, holding 8,000 shares valued at approximately $845,000 at the end of the first quarter.
• Insider transactions revealed that COO Robert Parahus sold 9,831 shares, a 33.30% decrease in ownership, while insiders combined sold 13,601 shares valued at $1,726,874 over the last quarter.
• Toll Brothers reported quarterly earnings of $3.73 EPS, beating estimates and reflecting an 8% revenue increase year-over-year, with a market cap of $13.67 billion.

Van Hulzen Asset Management LLC raised its holdings in Toll Brothers Inc. (NYSE:TOL - Free Report) by 60.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,000 shares of the construction company's stock after buying an additional 3,000 shares during the period. Van Hulzen Asset Management LLC's holdings in Toll Brothers were worth $845,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trail Ridge Investment Advisors LLC grew its holdings in shares of Toll Brothers by 0.5% in the 1st quarter. Trail Ridge Investment Advisors LLC now owns 25,624 shares of the construction company's stock valued at $2,706,000 after acquiring an additional 132 shares in the last quarter. Left Brain Wealth Management LLC acquired a new position in Toll Brothers during the first quarter valued at approximately $317,000. MQS Management LLC bought a new position in Toll Brothers in the first quarter valued at approximately $649,000. Financial Security Advisor Inc. bought a new position in Toll Brothers in the first quarter valued at approximately $231,000. Finally, Concurrent Investment Advisors LLC acquired a new position in shares of Toll Brothers during the 1st quarter worth approximately $227,000. 91.76% of the stock is owned by institutional investors.

Insider Transactions at Toll Brothers

In other news, COO Robert Parahus sold 9,831 shares of Toll Brothers stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $130.84, for a total transaction of $1,286,288.04. Following the completion of the sale, the chief operating officer owned 19,692 shares of the company's stock, valued at approximately $2,576,501.28. This trade represents a 33.30% decrease in their ownership of the stock. The transaction 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 business's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $119.82, for a total transaction of $92,261.40. Following the completion of the sale, the director directly owned 11,590 shares of the company's stock, valued at approximately $1,388,713.80. The trade was a 6.23% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 13,601 shares of company stock valued at $1,726,874. Company insiders own 1.54% of the company's stock.

Toll Brothers Stock Up 5.8%

Shares of TOL opened at $139.2170 on Friday. The firm has a market cap of $13.67 billion, a P/E ratio of 10.23, a price-to-earnings-growth ratio of 0.86 and a beta of 1.33. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.44 and a current ratio of 4.38. Toll Brothers Inc. has a 52 week low of $86.67 and a 52 week high of $169.52. The firm's 50-day simple moving average is $120.67 and its 200 day simple moving average is $111.47.

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

Toll Brothers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Friday, July 11th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, July 11th. Toll Brothers's dividend payout ratio (DPR) is presently 7.35%.

Wall Street Analyst Weigh In

Several research firms have recently commented on TOL. Keefe, Bruyette & Woods cut their price objective on Toll Brothers from $132.00 to $120.00 and set a "market perform" rating for the company in a report on Tuesday, May 20th. UBS Group reaffirmed a "buy" rating on shares of Toll Brothers in a research report on Tuesday, May 20th. Seaport Res Ptn upgraded shares of Toll Brothers from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 23rd. Oppenheimer decreased their price objective on shares of Toll Brothers from $165.00 to $155.00 and set an "outperform" rating for the company in a research report on Thursday, May 15th. Finally, Evercore ISI reaffirmed an "outperform" rating and issued a $169.00 target price (up from $167.00) on shares of Toll Brothers in a report on Thursday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $143.54.

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.

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