Integrated Advisors Network LLC Has $793,000 Stock Position in Toll Brothers Inc. $TOL

Integrated Advisors Network LLC reduced its position in shares of Toll Brothers Inc. (NYSE:TOL) by 67.8% in the 1st quarter, HoldingsChannel reports. The firm owned 5,812 shares of the construction company’s stock after selling 12,224 shares during the period. Integrated Advisors Network LLC’s holdings in Toll Brothers were worth $793,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TOL. Hilton Head Capital Partners LLC grew its stake in Toll Brothers by 65.5% during the first quarter. Hilton Head Capital Partners LLC now owns 187 shares of the construction company’s stock worth $26,000 after buying an additional 74 shares during the last quarter. Wiser Advisor Group LLC bought a new position in shares of Toll Brothers in the third quarter valued at approximately $27,000. Pinnacle Holdings LLC acquired a new position in shares of Toll Brothers in the 4th quarter worth approximately $27,000. Measured Wealth Private Client Group LLC acquired a new position in shares of Toll Brothers in the 3rd quarter worth approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Toll Brothers during the 4th quarter valued at $34,000. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TOL has been the subject of several research analyst reports. UBS Group upgraded Toll Brothers from a “buy” rating to a “buy” rating in a research report on Tuesday, June 9th. Weiss Ratings cut Toll Brothers from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 22nd. BTIG Research initiated coverage on Toll Brothers in a research note on Tuesday, June 9th. They issued a “buy” rating for the company. Argus set a $170.00 price target on Toll Brothers in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $158.00 price target on shares of Toll Brothers in a research report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Toll Brothers has a consensus rating of “Moderate Buy” and a consensus price target of $163.56.

Insider Buying and Selling

In related news, Director Stephen F. East sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $139.70, for a total transaction of $139,700.00. Following the completion of the transaction, the director owned 13,442 shares in the company, valued at approximately $1,877,847.40. The trade was a 6.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $156.58, for a total transaction of $12,206,507.06. Following the transaction, the chairman owned 321,256 shares of the company’s stock, valued at approximately $50,302,264.48. This represents a 19.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 86,457 shares of company stock valued at $13,468,657 in the last 90 days. 1.37% of the stock is owned by insiders.

Toll Brothers Stock Up 2.0%

Shares of NYSE:TOL opened at $148.42 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 4.67 and a quick ratio of 0.59. The stock has a market cap of $13.87 billion, a price-to-earnings ratio of 11.23, a P/E/G ratio of 1.20 and a beta of 1.34. The company has a 50 day moving average of $144.08 and a 200-day moving average of $144.74. Toll Brothers Inc. has a one year low of $113.52 and a one year high of $168.36.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Tuesday, May 19th. The construction company reported $2.72 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.14. Toll Brothers had a return on equity of 15.47% and a net margin of 11.66%.The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.42 billion. During the same period in the previous year, the firm earned $3.50 earnings per share. The firm’s quarterly revenue was down 7.6% compared to the same quarter last year. On average, sell-side analysts forecast that Toll Brothers Inc. will post 12.69 earnings per share for the current year.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Friday, July 10th. Toll Brothers’s dividend payout ratio (DPR) is currently 7.87%.

Toll Brothers Company Profile

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.