5,400 Shares in Toll Brothers Inc. $TOL Bought by U S Global Investors Inc.

U S Global Investors Inc. acquired a new position in shares of Toll Brothers Inc. (NYSE:TOL) in the 1st quarter, Holdings Channel.com reports. The fund acquired 5,400 shares of the construction company’s stock, valued at approximately $737,000.

A number of other hedge funds have also bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Toll Brothers by 25.3% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 108,379 shares of the construction company’s stock worth $14,694,000 after acquiring an additional 21,907 shares during the last quarter. Annex Advisory Services LLC grew its position in Toll Brothers by 30.8% in the 4th quarter. Annex Advisory Services LLC now owns 44,251 shares of the construction company’s stock valued at $5,984,000 after acquiring an additional 10,420 shares during the last quarter. Lighthouse Investment Partners LLC grew its position in Toll Brothers by 18.2% in the 3rd quarter. Lighthouse Investment Partners LLC now owns 95,304 shares of the construction company’s stock valued at $13,165,000 after acquiring an additional 14,668 shares during the last quarter. SG Americas Securities LLC increased its stake in Toll Brothers by 182.9% in the fourth quarter. SG Americas Securities LLC now owns 190,498 shares of the construction company’s stock worth $25,759,000 after purchasing an additional 123,150 shares during the period. Finally, Thrivent Financial for Lutherans increased its stake in Toll Brothers by 52.4% in the fourth 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 during the period. Institutional investors own 91.76% of the company’s stock.

Toll Brothers Stock Up 0.7%

NYSE TOL traded up $1.11 on Friday, reaching $149.37. 778,439 shares of the stock traded hands, compared to its average volume of 1,135,050. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.59 and a current ratio of 4.67. The company has a fifty day moving average price of $144.27 and a 200-day moving average price of $144.77. The company has a market cap of $13.96 billion, a price-to-earnings ratio of 11.30, a PEG ratio of 1.23 and a beta of 1.34. Toll Brothers Inc. has a 12 month low of $113.52 and a 12 month high of $168.36.

Toll Brothers (NYSE:TOL) last issued its earnings results on Tuesday, May 19th. The construction company reported $2.72 earnings per share for the quarter, topping the consensus estimate 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 prior year, the business earned $3.50 EPS. The business’s revenue for the quarter was down 7.6% compared to the same quarter last year. As a group, research analysts forecast that Toll Brothers Inc. will post 12.69 EPS for the current fiscal year.

Toll Brothers Dividend Announcement

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

Insider Buying and Selling

In other Toll Brothers news, COO Robert Parahus sold 7,500 shares of the stock in a transaction dated 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 transaction, the chief operating officer directly owned 23,457 shares in the company, valued at $3,510,574.62. This represents a 24.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephen F. East sold 1,000 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $139.70, for a total transaction of $139,700.00. Following 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 86,457 shares of company stock valued at $13,468,657 over the last three months. 1.37% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Piper Sandler downgraded Toll Brothers from an “overweight” rating to a “neutral” rating in a research report on Tuesday, June 9th. UBS Group raised shares of Toll Brothers from a “buy” rating to a “buy” rating in a research note on Tuesday, June 9th. Seaport Research Partners reiterated a “neutral” rating on shares of Toll Brothers in a report on Tuesday, April 7th. Benchmark started coverage on shares of Toll Brothers in a report on Tuesday, June 9th. They set a “buy” rating for the company. Finally, Oppenheimer cut shares of Toll Brothers from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 9th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $164.44.

About Toll Brothers

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.