Mitsubishi UFJ Trust & Banking Corp Has $1.97 Million Stock Holdings in Toll Brothers Inc. $TOL

Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of Toll Brothers Inc. (NYSE:TOL) by 93.9% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,280 shares of the construction company’s stock after buying an additional 6,914 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Toll Brothers were worth $1,973,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of TOL. Moody Aldrich Partners LLC boosted its holdings in shares of Toll Brothers by 93.7% in the 3rd quarter. Moody Aldrich Partners LLC now owns 27,234 shares of the construction company’s stock valued at $3,762,000 after purchasing an additional 13,175 shares in the last quarter. Advent Capital Management DE acquired a new position in Toll Brothers during the second quarter worth about $2,853,000. Pacer Advisors Inc. raised its stake in Toll Brothers by 173.3% during the third quarter. Pacer Advisors Inc. now owns 28,091 shares of the construction company’s stock worth $3,880,000 after acquiring an additional 17,813 shares in the last quarter. True Wealth Design LLC lifted its holdings in shares of Toll Brothers by 1,882.2% in the second quarter. True Wealth Design LLC now owns 892 shares of the construction company’s stock worth $102,000 after acquiring an additional 847 shares during the last quarter. Finally, Brandywine Global Investment Management LLC increased its position in Toll Brothers by 12.1% during the 2nd quarter. Brandywine Global Investment Management LLC now owns 171,376 shares of the construction company’s stock worth $19,559,000 after purchasing an additional 18,526 shares in the last quarter. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Stock Down 1.8%

Shares of Toll Brothers stock opened at $144.43 on Friday. The stock’s 50-day moving average is $140.63 and its 200 day moving average is $135.67. Toll Brothers Inc. has a one year low of $86.67 and a one year high of $151.10. The firm has a market cap of $13.72 billion, a price-to-earnings ratio of 10.65, a PEG ratio of 1.15 and a beta of 1.43. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64.

Toll Brothers (NYSE:TOL) last issued 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). The business had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.32 billion. Toll Brothers had a net margin of 12.28% and a return on equity of 16.74%. Toll Brothers’s quarterly revenue was up 2.7% compared to the same quarter last year. During the same period last year, the firm posted $4.63 earnings per share. Equities research analysts anticipate that Toll Brothers Inc. will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Investors of record on Friday, January 9th were given a $0.25 dividend. The ex-dividend date of this dividend 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 presently 7.37%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. BTIG Research started coverage on shares of Toll Brothers in a research report on Monday, December 1st. They issued a “neutral” rating on the stock. Keefe, Bruyette & Woods lowered their price objective on Toll Brothers from $145.00 to $143.00 and set a “market perform” rating for the company in a research note on Thursday, December 11th. Citizens Jmp began coverage on Toll Brothers in a report on Wednesday, January 7th. They issued a “market outperform” rating and a $175.00 price objective for the company. Bank of America reduced their target price on Toll Brothers from $155.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Finally, Evercore ISI restated an “in-line” rating and set a $160.00 price target (down previously from $169.00) on shares of Toll Brothers in a report on Tuesday, October 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Toll Brothers has a consensus rating of “Moderate Buy” and an average price target of $154.40.

Insider Activity at Toll Brothers

In other Toll Brothers news, Director Paul E. Shapiro sold 3,965 shares of Toll Brothers 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 completion of the transaction, the director owned 118,680 shares in the company, valued at approximately $17,407,982.40. The trade was a 3.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.54% of the stock is currently owned by insiders.

Toll Brothers 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.