Union Bancaire Privee UBP SA Takes $15.25 Million Position in Toll Brothers, Inc. (NYSE:TOL)

Union Bancaire Privee UBP SA bought a new stake in shares of Toll Brothers, Inc. (NYSE:TOL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 121,100 shares of the construction company’s stock, valued at approximately $15,253,000. Union Bancaire Privee UBP SA owned about 0.12% of Toll Brothers as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. ORG Partners LLC purchased a new position in Toll Brothers during the 4th quarter valued at $25,000. Capital Performance Advisors LLP purchased a new stake in shares of Toll Brothers in the third quarter valued at approximately $27,000. Brooklyn Investment Group purchased a new stake in shares of Toll Brothers in the third quarter valued at approximately $27,000. Larson Financial Group LLC grew its stake in Toll Brothers by 57.9% in the third quarter. Larson Financial Group LLC now owns 180 shares of the construction company’s stock worth $28,000 after purchasing an additional 66 shares in the last quarter. Finally, UMB Bank n.a. increased its holdings in Toll Brothers by 323.4% during the 3rd quarter. UMB Bank n.a. now owns 271 shares of the construction company’s stock worth $42,000 after purchasing an additional 207 shares during the period. Hedge funds and other institutional investors own 91.76% of the company’s stock.

Analysts Set New Price Targets

TOL has been the subject of several research reports. Evercore ISI upped their price target on shares of Toll Brothers from $181.00 to $184.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 11th. Barclays lowered their target price on Toll Brothers from $135.00 to $115.00 and set an “underweight” rating for the company in a report on Thursday, January 16th. Citigroup cut their price target on Toll Brothers from $155.00 to $137.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Royal Bank of Canada upped their price objective on Toll Brothers from $143.00 to $150.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 11th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $150.00 target price (down from $166.00) on shares of Toll Brothers in a report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, five have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $156.64.

Insider Transactions at Toll Brothers

In related news, Director Christine Garvey sold 204 shares of the firm’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $125.78, for a total transaction of $25,659.12. Following the transaction, the director now owns 7,728 shares of the company’s stock, valued at $972,027.84. This trade represents a 2.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Martin P. Connor sold 11,140 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $126.07, for a total value of $1,404,419.80. Following the sale, the chief financial officer now directly owns 20,618 shares of the company’s stock, valued at $2,599,311.26. The trade was a 35.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 15,202 shares of company stock worth $1,947,436. Corporate insiders own 1.54% of the company’s stock.

Toll Brothers Stock Performance

Shares of TOL stock opened at $135.04 on Monday. Toll Brothers, Inc. has a 52 week low of $96.33 and a 52 week high of $169.52. The firm has a 50 day moving average of $139.51 and a two-hundred day moving average of $142.14. The company has a quick ratio of 0.80, a current ratio of 4.92 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $13.51 billion, a PE ratio of 8.98, a P/E/G ratio of 1.04 and a beta of 1.74.

Toll Brothers (NYSE:TOL) last announced its quarterly earnings data on Monday, December 9th. The construction company reported $4.63 EPS for the quarter, topping analysts’ consensus estimates of $4.34 by $0.29. Toll Brothers had a return on equity of 19.64% and a net margin of 14.48%. The business had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.17 billion. During the same period in the previous year, the company posted $4.11 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, research analysts predict that Toll Brothers, Inc. will post 14.25 EPS for the current fiscal year.

Toll Brothers Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 24th. Shareholders of record on Friday, January 10th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 0.68%. The ex-dividend date of this dividend was Friday, January 10th. Toll Brothers’s payout ratio is 6.12%.

Toll Brothers Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.