Vanguard Personalized Indexing Management LLC Acquires 6,343 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Vanguard Personalized Indexing Management LLC grew its position in Taylor Morrison Home Co. (NYSE:TMHCFree Report) by 39.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,424 shares of the construction company’s stock after purchasing an additional 6,343 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Taylor Morrison Home were worth $1,196,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TMHC. Daiwa Securities Group Inc. acquired a new stake in shares of Taylor Morrison Home in the fourth quarter valued at approximately $48,000. Headlands Technologies LLC acquired a new stake in shares of Taylor Morrison Home in the 4th quarter valued at $81,000. CWM LLC raised its position in shares of Taylor Morrison Home by 17.2% during the fourth quarter. CWM LLC now owns 1,804 shares of the construction company’s stock worth $96,000 after acquiring an additional 265 shares during the last quarter. Neo Ivy Capital Management acquired a new position in shares of Taylor Morrison Home during the third quarter valued at $108,000. Finally, Blue Trust Inc. boosted its holdings in Taylor Morrison Home by 200.5% in the fourth quarter. Blue Trust Inc. now owns 3,254 shares of the construction company’s stock valued at $174,000 after acquiring an additional 2,171 shares during the last quarter. 95.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Taylor Morrison Home

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 724 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $55.87, for a total transaction of $40,449.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director William H. Lyon sold 77,210 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $58.33, for a total value of $4,503,659.30. Following the sale, the director now owns 57,570 shares of the company’s stock, valued at $3,358,058.10. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Joseph Terracciano sold 724 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $55.87, for a total transaction of $40,449.88. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 659,241 shares of company stock valued at $39,537,646. 3.50% of the stock is currently owned by corporate insiders.

Taylor Morrison Home Stock Performance

TMHC stock opened at $60.12 on Friday. Taylor Morrison Home Co. has a 1-year low of $37.23 and a 1-year high of $62.64. The company has a current ratio of 6.16, a quick ratio of 0.91 and a debt-to-equity ratio of 0.39. The firm has a market cap of $6.36 billion, a PE ratio of 8.60 and a beta of 1.88. The business’s 50-day moving average price is $58.15 and its two-hundred day moving average price is $53.27.

Taylor Morrison Home (NYSE:TMHCGet Free Report) last released its quarterly earnings data on Tuesday, April 30th. The construction company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.18. Taylor Morrison Home had a return on equity of 15.75% and a net margin of 10.30%. The business had revenue of $1.70 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the business posted $1.74 EPS. Taylor Morrison Home’s revenue for the quarter was up 2.3% on a year-over-year basis. As a group, research analysts forecast that Taylor Morrison Home Co. will post 7.62 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Seaport Res Ptn downgraded shares of Taylor Morrison Home from a “buy” rating to a “neutral” rating in a research report on Monday, January 22nd. Wedbush reiterated a “neutral” rating and set a $55.00 target price on shares of Taylor Morrison Home in a research report on Tuesday, April 30th. Barclays lifted their price objective on Taylor Morrison Home from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 15th. Zelman & Associates raised Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a research note on Friday, April 12th. Finally, StockNews.com upgraded Taylor Morrison Home from a “hold” rating to a “buy” rating in a research report on Wednesday. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Taylor Morrison Home currently has a consensus rating of “Hold” and a consensus price target of $58.20.

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Taylor Morrison Home Profile

(Free Report)

Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.

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Institutional Ownership by Quarter for Taylor Morrison Home (NYSE:TMHC)

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