MGO One Seven LLC Has $1.51 Million Holdings in Toll Brothers Inc. $TOL

MGO One Seven LLC cut its holdings in shares of Toll Brothers Inc. (NYSE:TOL) by 41.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,185 shares of the construction company’s stock after selling 7,796 shares during the quarter. MGO One Seven LLC’s holdings in Toll Brothers were worth $1,512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of TOL. Sivia Capital Partners LLC acquired a new stake in Toll Brothers during the second quarter worth $705,000. Brown Advisory Inc. increased its holdings in Toll Brothers by 4.6% in the 2nd quarter. Brown Advisory Inc. now owns 4,212 shares of the construction company’s stock valued at $481,000 after buying an additional 186 shares during the period. NewEdge Advisors LLC raised its stake in shares of Toll Brothers by 5.8% in the 2nd quarter. NewEdge Advisors LLC now owns 6,203 shares of the construction company’s stock valued at $708,000 after buying an additional 340 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Toll Brothers by 164.9% during the 2nd quarter. Sei Investments Co. now owns 38,556 shares of the construction company’s stock worth $4,400,000 after acquiring an additional 24,001 shares during the period. Finally, Treasurer of the State of North Carolina lifted its holdings in shares of Toll Brothers by 1.5% during the 2nd quarter. Treasurer of the State of North Carolina now owns 46,208 shares of the construction company’s stock worth $5,274,000 after acquiring an additional 700 shares during the period. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on TOL shares. UBS Group lifted their target price on shares of Toll Brothers from $181.00 to $198.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Citigroup raised their price target on shares of Toll Brothers from $141.00 to $162.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Citizens Jmp reaffirmed a “market outperform” rating and set a $175.00 price objective on shares of Toll Brothers in a report on Wednesday, February 18th. Seaport Research Partners reaffirmed a “neutral” rating on shares of Toll Brothers in a report on Tuesday, April 7th. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $180.00 price objective (up from $177.00) on shares of Toll Brothers in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $164.44.

Toll Brothers Stock Down 2.0%

NYSE TOL opened at $135.09 on Tuesday. The company has a current ratio of 4.57, a quick ratio of 0.62 and a debt-to-equity ratio of 0.32. The stock’s 50 day moving average is $141.34 and its two-hundred day moving average is $141.95. The company has a market capitalization of $12.79 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 1.08 and a beta of 1.39. Toll Brothers Inc. has a 1-year low of $100.92 and a 1-year high of $168.36.

Toll Brothers (NYSE:TOL) last released its quarterly earnings data on Tuesday, February 17th. The construction company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $2.05 by $0.14. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $1.86 billion. Toll Brothers had a return on equity of 16.83% and a net margin of 12.26%.The company’s quarterly revenue was up 15.4% on a year-over-year basis. During the same period in the previous year, the business earned $1.75 earnings per share. Equities analysts forecast that Toll Brothers Inc. will post 12.67 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 24th. Shareholders of record on Friday, April 10th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, April 10th. This is a positive change from Toll Brothers’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. Toll Brothers’s dividend payout ratio (DPR) is presently 7.43%.

Insider Buying and Selling

In other Toll Brothers news, CEO Douglas C. Jr. Yearley sold 45,116 shares of Toll Brothers stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $160.42, for a total transaction of $7,237,508.72. Following the sale, the chief executive officer directly owned 321,256 shares of the company’s stock, valued at approximately $51,535,887.52. The trade was a 12.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephen F. East sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $139.70, for a total value of $139,700.00. Following the completion of the transaction, the director directly owned 13,442 shares in the company, valued at $1,877,847.40. The trade was a 6.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.37% of the stock is currently owned by insiders.

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.