iSAM Funds UK Ltd Buys 14,883 Shares of Toll Brothers Inc. $TOL

iSAM Funds UK Ltd lifted its stake in Toll Brothers Inc. (NYSE:TOL) by 697.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,016 shares of the construction company’s stock after purchasing an additional 14,883 shares during the period. iSAM Funds UK Ltd’s holdings in Toll Brothers were worth $1,942,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Norges Bank bought a new position in Toll Brothers in the second quarter worth about $154,782,000. Long Pond Capital LP bought a new stake in Toll Brothers during the 1st quarter valued at approximately $117,870,000. Dimensional Fund Advisors LP grew its holdings in shares of Toll Brothers by 21.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,159,289 shares of the construction company’s stock worth $227,988,000 after acquiring an additional 375,372 shares during the period. Ceredex Value Advisors LLC bought a new position in shares of Toll Brothers in the 1st quarter worth approximately $28,720,000. Finally, Amundi raised its position in shares of Toll Brothers by 429.1% in the 1st quarter. Amundi now owns 316,888 shares of the construction company’s stock worth $31,179,000 after acquiring an additional 256,996 shares in the last quarter. Institutional investors own 91.76% of the company’s stock.

Analysts Set New Price Targets

TOL has been the topic of several recent research reports. Argus upped their price target on Toll Brothers from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, September 5th. BTIG Research started coverage on shares of Toll Brothers in a report on Monday, December 1st. They set a “neutral” rating on the stock. Raymond James Financial reiterated a “strong-buy” rating and issued a $160.00 price target (up from $130.00) on shares of Toll Brothers in a research note on Monday, August 25th. Weiss Ratings reissued a “hold (c+)” rating on shares of Toll Brothers in a research report on Wednesday, October 8th. Finally, Wedbush restated an “outperform” rating and issued a $165.00 price objective on shares of Toll Brothers in a report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $150.21.

Toll Brothers Price Performance

Shares of NYSE:TOL opened at $136.08 on Tuesday. The business has a fifty day moving average price of $135.01 and a 200-day moving average price of $127.81. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.38 and a quick ratio of 0.51. The company has a market capitalization of $13.12 billion, a PE ratio of 10.00, a PEG ratio of 1.65 and a beta of 1.39. Toll Brothers Inc. has a 1-year low of $86.67 and a 1-year high of $156.89.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing the consensus estimate of $4.88 by ($0.30). The firm had revenue of $3.42 billion for the quarter, compared to analysts’ expectations of $3.32 billion. Toll Brothers had a net margin of 12.64% and a return on equity of 17.42%. The business’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the company posted $4.63 earnings per share. As a group, equities analysts expect that Toll Brothers Inc. will post 13.83 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 24th. Investors of record on Friday, October 10th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, October 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is 7.35%.

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.