denkapparat Operations GmbH Takes $679,000 Position in Toll Brothers Inc. $TOL

denkapparat Operations GmbH acquired a new position in shares of Toll Brothers Inc. (NYSE:TOLFree Report) in the third quarter, HoldingsChannel reports. The fund acquired 4,918 shares of the construction company’s stock, valued at approximately $679,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TOL. Abich Financial Wealth Management LLC bought a new position in Toll Brothers during the third quarter worth about $28,000. Smithfield Trust Co increased its stake in shares of Toll Brothers by 136.4% in the 3rd quarter. Smithfield Trust Co now owns 260 shares of the construction company’s stock valued at $36,000 after acquiring an additional 150 shares during the last quarter. Root Financial Partners LLC acquired a new stake in shares of Toll Brothers in the 3rd quarter valued at approximately $44,000. FNY Investment Advisers LLC bought a new position in Toll Brothers during the 2nd quarter worth approximately $64,000. Finally, Global Retirement Partners LLC grew its holdings in Toll Brothers by 1,112.8% during the third quarter. Global Retirement Partners LLC now owns 570 shares of the construction company’s stock valued at $79,000 after purchasing an additional 523 shares during the period. Institutional investors own 91.76% of the company’s stock.

More Toll Brothers News

Here are the key news stories impacting Toll Brothers this week:

Insiders Place Their Bets

In other Toll Brothers news, Director Paul E. Shapiro sold 3,965 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $146.68, for a total transaction of $581,586.20. Following the sale, the director directly owned 118,680 shares of the company’s stock, valued at $17,407,982.40. The trade was a 3.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.37% of the company’s stock.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $166.18 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64. The firm has a market cap of $15.75 billion, a price-to-earnings ratio of 12.26, a price-to-earnings-growth ratio of 1.30 and a beta of 1.47. The stock’s 50-day moving average is $143.80 and its 200-day moving average is $138.31. Toll Brothers Inc. has a one year low of $86.67 and a one year high of $168.36.

Toll Brothers (NYSE:TOLGet Free Report) last announced its earnings results 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 firm had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the business posted $4.63 EPS. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Equities analysts predict that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 9th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, January 9th. This represents a $1.00 annualized dividend and a yield of 0.6%. Toll Brothers’s dividend payout ratio is presently 7.37%.

Wall Street Analyst Weigh In

Several research firms have weighed in on TOL. Keefe, Bruyette & Woods cut their target price on shares of Toll Brothers from $145.00 to $143.00 and set a “market perform” rating on the stock in a report on Thursday, December 11th. Zacks Research upgraded shares of Toll Brothers from a “strong sell” rating to a “hold” rating in a research report on Monday, February 9th. JPMorgan Chase & Co. reduced their target price on Toll Brothers from $161.00 to $141.00 and set an “overweight” rating on the stock in a report on Friday, December 12th. Weiss Ratings raised Toll Brothers from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 10th. Finally, UBS Group dropped their price target on Toll Brothers from $183.00 to $181.00 and set a “buy” rating on the stock in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $155.87.

Read Our Latest Stock Report on TOL

About Toll Brothers

(Free Report)

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.

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Institutional Ownership by Quarter for Toll Brothers (NYSE:TOL)

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