Vontobel Holding Ltd. Raises Position in Toll Brothers Inc. (NYSE:TOL)

Vontobel Holding Ltd. lifted its position in Toll Brothers Inc. (NYSE:TOL - Free Report) by 60.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,583 shares of the construction company's stock after purchasing an additional 4,366 shares during the quarter. Vontobel Holding Ltd.'s holdings in Toll Brothers were worth $1,223,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TOL. Sound Income Strategies LLC increased its stake in Toll Brothers by 84.2% in the first quarter. Sound Income Strategies LLC now owns 245 shares of the construction company's stock valued at $26,000 after acquiring an additional 112 shares during the last quarter. Lee Danner & Bass Inc. bought a new position in Toll Brothers in the fourth quarter valued at $27,000. Promus Capital LLC bought a new position in Toll Brothers in the fourth quarter valued at $29,000. IAG Wealth Partners LLC increased its stake in Toll Brothers by 1,034.8% in the fourth quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after acquiring an additional 238 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its stake in Toll Brothers by 34.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 293 shares of the construction company's stock valued at $37,000 after acquiring an additional 75 shares during the last quarter. Institutional investors own 91.76% of the company's stock.

Toll Brothers Trading Down 1.3%

Shares of Toll Brothers stock traded down $1.49 during trading on Monday, reaching $116.30. 978,512 shares of the stock were exchanged, compared to its average volume of 1,602,289. The company has a quick ratio of 0.44, a current ratio of 4.21 and a debt-to-equity ratio of 0.35. The stock's fifty day moving average is $107.81 and its 200 day moving average is $112.72. The firm has a market cap of $11.42 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 1.23 and a beta of 1.36. Toll Brothers Inc. has a 1 year low of $86.67 and a 1 year high of $169.52.

Toll Brothers (NYSE:TOL - Get Free Report) last issued its quarterly earnings data on Tuesday, May 20th. The construction company reported $3.50 EPS for the quarter, topping the consensus estimate of $2.86 by $0.64. Toll Brothers had a net margin of 12.95% and a return on equity of 17.87%. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the business posted $3.38 earnings per share. Toll Brothers's quarterly revenue was down 3.5% compared to the same quarter last year. As a group, equities research 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 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. The ex-dividend date is Friday, July 11th. This represents a $1.00 annualized dividend and a yield of 0.86%. Toll Brothers's dividend payout ratio (DPR) is presently 7.42%.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Oppenheimer reduced their target price on Toll Brothers from $165.00 to $155.00 and set an "outperform" rating on the stock in a research note on Thursday, May 15th. Raymond James Financial reissued a "strong-buy" rating and issued a $130.00 target price (down previously from $145.00) on shares of Toll Brothers in a research note on Friday, May 23rd. UBS Group reaffirmed a "buy" rating on shares of Toll Brothers in a research note on Tuesday, May 20th. Barclays reaffirmed an "underweight" rating on shares of Toll Brothers in a research note on Tuesday, May 20th. Finally, Royal Bank Of Canada reduced their price objective 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. One analyst has rated the stock with a sell rating, six have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $141.46.

Toll Brothers Company 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.