SG Americas Securities LLC Has $25.76 Million Holdings in Toll Brothers Inc. $TOL

SG Americas Securities LLC increased its position in shares of Toll Brothers Inc. (NYSE:TOL) by 182.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 190,498 shares of the construction company’s stock after purchasing an additional 123,150 shares during the quarter. SG Americas Securities LLC owned 0.20% of Toll Brothers worth $25,759,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Sivia Capital Partners LLC acquired a new position in shares of Toll Brothers in the 2nd quarter valued at approximately $705,000. Creative Planning boosted its position in shares of Toll Brothers by 12.3% during the 2nd quarter. Creative Planning now owns 14,905 shares of the construction company’s stock worth $1,701,000 after acquiring an additional 1,629 shares in the last quarter. Franklin Resources Inc. increased its stake in Toll Brothers by 31.3% in the second quarter. Franklin Resources Inc. now owns 58,111 shares of the construction company’s stock valued at $6,632,000 after acquiring an additional 13,853 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in Toll Brothers by 1.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 698,778 shares of the construction company’s stock valued at $79,752,000 after acquiring an additional 9,270 shares during the last quarter. Finally, Prudential Financial Inc. raised its position in Toll Brothers by 19.2% during the second quarter. Prudential Financial Inc. now owns 10,824 shares of the construction company’s stock valued at $1,235,000 after purchasing an additional 1,747 shares in the last quarter. 91.76% of the stock is currently owned by institutional investors and hedge funds.

Toll Brothers Stock Performance

Shares of Toll Brothers stock opened at $133.11 on Friday. The company’s 50 day moving average price is $149.14 and its two-hundred day moving average price is $141.39. The firm has a market capitalization of $12.61 billion, a P/E ratio of 9.51, a P/E/G ratio of 1.07 and a beta of 1.45. Toll Brothers Inc. has a fifty-two week low of $86.67 and a fifty-two week high of $168.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 4.57 and a quick ratio of 0.62.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings results on Tuesday, February 17th. The construction company reported $2.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.05 by $0.14. Toll Brothers had a net margin of 12.26% and a return on equity of 16.83%. The company had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $1.86 billion. During the same period in the prior year, the business earned $1.75 earnings per share. The company’s revenue for the quarter was up 15.4% compared to the same quarter last year. On average, equities analysts forecast that Toll Brothers Inc. will post 13.83 earnings per share for the current fiscal year.

Toll Brothers Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Friday, April 10th will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is 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 dividend yield of 0.8%. Toll Brothers’s payout ratio is 7.14%.

Insider Transactions at Toll Brothers

In other news, CEO Douglas C. Jr. Yearley sold 45,116 shares of the business’s stock in a transaction dated 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 in the company, 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 SEC, which is accessible through the SEC website. Also, Director Paul E. Shapiro sold 3,965 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $146.68, for a total value of $581,586.20. Following the completion of the transaction, the director directly owned 118,680 shares of the company’s stock, valued at $17,407,982.40. This represents a 3.23% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

TOL has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on Toll Brothers from $141.00 to $143.00 and gave the stock an “overweight” rating in a research note on Monday, February 23rd. Citigroup boosted their price target on Toll Brothers from $141.00 to $162.00 and gave the stock a “neutral” rating in a report on Thursday, February 26th. UBS Group boosted their price target on Toll Brothers from $181.00 to $198.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Evercore set a $174.00 price objective on Toll Brothers in a research report on Thursday, February 19th. Finally, Citizens Jmp reaffirmed a “market outperform” rating and issued a $175.00 price objective on shares of Toll Brothers in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $165.25.

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.