United Capital Financial Advisors LLC Invests $626,000 in Toll Brothers Inc. $TOL

United Capital Financial Advisors LLC acquired a new stake in Toll Brothers Inc. (NYSE:TOL) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 3,798 shares of the construction company’s stock, valued at approximately $626,000.

Several other institutional investors have also recently bought and sold shares of TOL. Ceredex Value Advisors LLC acquired a new position in shares of Toll Brothers during the second quarter worth $37,012,000. Thrivent Financial for Lutherans increased its holdings in Toll Brothers by 52.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 45,149 shares of the construction company’s stock worth $6,105,000 after purchasing an additional 15,526 shares in the last quarter. Meeder Advisory Services Inc. bought a new position in Toll Brothers in the second quarter valued at about $862,000. Mariner Investment Group LLC bought a new position in Toll Brothers in the second quarter valued at about $1,648,000. Finally, Investment House LLC boosted its stake in shares of Toll Brothers by 103.2% during the fourth quarter. Investment House LLC now owns 33,849 shares of the construction company’s stock valued at $4,577,000 after purchasing an additional 17,193 shares in the last quarter. Institutional investors and hedge funds own 91.76% of the company’s stock.

Insider Buying and Selling at Toll Brothers

In related news, Chairman Douglas C. Jr. Yearley sold 77,957 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $156.58, for a total value of $12,206,507.06. Following the transaction, the chairman owned 321,256 shares in the company, valued at $50,302,264.48. The trade was a 19.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Robert Parahus sold 7,500 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $149.66, for a total transaction of $1,122,450.00. Following the sale, the chief operating officer directly owned 23,457 shares in the company, valued at $3,510,574.62. This trade represents a 24.23% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 1.37% of the company’s stock.

Toll Brothers Price Performance

Toll Brothers stock opened at $143.46 on Tuesday. The stock’s 50 day moving average is $151.30 and its 200 day moving average is $146.21. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.53 and a quick ratio of 0.55. The firm has a market cap of $13.41 billion, a P/E ratio of 11.51, a P/E/G ratio of 1.20 and a beta of 1.35. Toll Brothers Inc. has a one year low of $123.14 and a one year high of $168.36.

Toll Brothers (NYSE:TOL) last released its earnings results on Tuesday, August 18th. The construction company reported $2.97 earnings per share for the quarter, beating analysts’ consensus estimates of $2.93 by $0.04. Toll Brothers had a net margin of 11.14% and a return on equity of 14.21%. The business had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the firm posted $3.73 EPS. The company’s revenue for the quarter was down 9.7% compared to the same quarter last year. As a group, research analysts expect that Toll Brothers Inc. will post 12.81 EPS for the current year.

Toll Brothers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were paid 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 of this dividend was Friday, July 10th. Toll Brothers’s dividend payout ratio is currently 8.35%.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Oppenheimer downgraded Toll Brothers from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 9th. Royal Bank Of Canada reiterated an “outperform” rating and set a $158.00 target price on shares of Toll Brothers in a research report on Thursday, June 11th. UBS Group boosted their target price on shares of Toll Brothers from $187.00 to $195.00 and gave the stock a “buy” rating in a report on Thursday, August 20th. Argus set a $170.00 price target on shares of Toll Brothers in a research report on Tuesday, June 2nd. Finally, Weiss Ratings upgraded shares of Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 17th. Fifteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $167.27.

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.