5,353 Shares in Toll Brothers Inc. $TOL Purchased by Brian Low Financial Group LLC

Brian Low Financial Group LLC bought a new stake in shares of Toll Brothers Inc. (NYSE:TOL) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,353 shares of the construction company’s stock, valued at approximately $739,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TOL. MassMutual Private Wealth & Trust FSB increased its position in Toll Brothers by 128.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 324 shares of the construction company’s stock valued at $37,000 after buying an additional 182 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Toll Brothers in the second quarter worth $64,000. SBI Securities Co. Ltd. grew its stake in shares of Toll Brothers by 201.7% in the second quarter. SBI Securities Co. Ltd. now owns 875 shares of the construction company’s stock worth $100,000 after acquiring an additional 585 shares during the last quarter. True Wealth Design LLC increased its holdings in shares of Toll Brothers by 1,882.2% during the second quarter. True Wealth Design LLC now owns 892 shares of the construction company’s stock valued at $102,000 after acquiring an additional 847 shares in the last quarter. Finally, Friedenthal Financial raised its position in shares of Toll Brothers by 587.2% in the 3rd quarter. Friedenthal Financial now owns 749 shares of the construction company’s stock worth $103,000 after purchasing an additional 640 shares during the last quarter. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Price Performance

Shares of Toll Brothers stock opened at $139.10 on Friday. The stock’s 50-day simple moving average is $136.15 and its 200-day simple moving average is $130.70. The company has a quick ratio of 0.64, a current ratio of 4.38 and a debt-to-equity ratio of 0.34. Toll Brothers Inc. has a 52 week low of $86.67 and a 52 week high of $149.79. The company has a market capitalization of $13.21 billion, a price-to-earnings ratio of 10.26, a PEG ratio of 1.15 and a beta of 1.39.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.88 by ($0.30). Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. The company had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.32 billion. During the same period last year, the business earned $4.63 earnings per share. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. As a group, analysts expect that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 23rd. Investors of record on Friday, January 9th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, January 9th. Toll Brothers’s payout ratio is currently 7.37%.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Toll Brothers in a report on Wednesday, October 8th. BTIG Research began coverage on Toll Brothers in a report on Monday, December 1st. They issued a “neutral” rating for the company. Bank of America decreased their price target on Toll Brothers from $155.00 to $150.00 and set a “buy” rating for the company in a research note on Friday, October 10th. Argus increased their price objective on Toll Brothers from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, September 5th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $140.00 target price on shares of Toll Brothers in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $150.36.

About Toll Brothers

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.