Northstar Advisory Group LLC Has $4.81 Million Stake in Toll Brothers Inc. $TOL

Northstar Advisory Group LLC increased its position in shares of Toll Brothers Inc. (NYSE:TOL) by 298.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,786 shares of the construction company’s stock after purchasing an additional 26,045 shares during the period. Toll Brothers makes up about 2.0% of Northstar Advisory Group LLC’s portfolio, making the stock its 15th biggest holding. Northstar Advisory Group LLC’s holdings in Toll Brothers were worth $4,805,000 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 the company. Sivia Capital Partners LLC acquired a new position in shares of Toll Brothers in the second quarter valued at about $705,000. Farther Finance Advisors LLC grew its position in shares of Toll Brothers by 6.5% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,485 shares of the construction company’s stock worth $169,000 after purchasing an additional 90 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of Toll Brothers during the 2nd quarter worth approximately $259,000. GAMMA Investing LLC raised its position in shares of Toll Brothers by 50.3% in the second quarter. GAMMA Investing LLC now owns 1,946 shares of the construction company’s stock valued at $222,000 after buying an additional 651 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in shares of Toll Brothers by 19.1% in the second quarter. Fifth Third Bancorp now owns 977 shares of the construction company’s stock valued at $112,000 after buying an additional 157 shares during the period. 91.76% of the stock is owned by institutional investors and hedge funds.

Toll Brothers Price Performance

Shares of NYSE:TOL opened at $143.97 on Tuesday. Toll Brothers Inc. has a one year low of $86.67 and a one year high of $151.10. 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 company has a market cap of $13.68 billion, a price-to-earnings ratio of 10.62, a PEG ratio of 1.14 and a beta of 1.43. The firm has a 50 day simple moving average of $139.24 and a 200 day simple moving average of $135.20.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Monday, December 8th. The construction company reported $4.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.88 by ($0.30). Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.32 billion. During the same quarter last year, the company posted $4.63 earnings per share. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. Research analysts predict 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 was paid on Friday, January 23rd. Shareholders of record on Friday, January 9th were given a $0.25 dividend. The ex-dividend date was Friday, January 9th. This represents a $1.00 annualized dividend and a yield of 0.7%. Toll Brothers’s dividend payout ratio (DPR) is currently 7.37%.

Insider Activity at Toll Brothers

In other news, Director Paul E. Shapiro sold 3,965 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was 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 in the company, valued at approximately $17,407,982.40. The trade was a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.54% of the company’s stock.

Analyst Ratings Changes

TOL has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Toll Brothers in a research report on Wednesday, January 21st. BTIG Research assumed coverage on shares of Toll Brothers in a report on Monday, December 1st. They issued a “neutral” rating on the stock. Keefe, Bruyette & Woods cut their price target on shares of Toll Brothers from $145.00 to $143.00 and set a “market perform” rating for the company in a report on Thursday, December 11th. Wells Fargo & Company lifted their price objective on shares of Toll Brothers from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, January 14th. Finally, Zacks Research cut Toll Brothers from a “hold” rating to a “strong sell” rating in a research note on Thursday, December 11th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $154.40.

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.