Taylor Morrison Home Co. (NYSE:TMHC) Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 9.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,925 shares of the construction company’s stock after purchasing an additional 1,481 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Taylor Morrison Home were worth $994,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Forum Financial Management LP boosted its stake in Taylor Morrison Home by 3.9% during the second quarter. Forum Financial Management LP now owns 4,430 shares of the construction company’s stock worth $246,000 after buying an additional 165 shares during the period. TCW Group Inc. lifted its holdings in shares of Taylor Morrison Home by 0.4% in the 2nd quarter. TCW Group Inc. now owns 52,193 shares of the construction company’s stock worth $2,894,000 after acquiring an additional 213 shares during the last quarter. Arizona State Retirement System boosted its position in shares of Taylor Morrison Home by 0.9% during the 2nd quarter. Arizona State Retirement System now owns 29,795 shares of the construction company’s stock worth $1,652,000 after purchasing an additional 266 shares during the period. SummerHaven Investment Management LLC boosted its position in shares of Taylor Morrison Home by 1.8% during the 2nd quarter. SummerHaven Investment Management LLC now owns 14,831 shares of the construction company’s stock worth $822,000 after purchasing an additional 267 shares during the period. Finally, Hanlon Investment Management Inc. increased its holdings in Taylor Morrison Home by 2.0% in the 2nd quarter. Hanlon Investment Management Inc. now owns 13,658 shares of the construction company’s stock valued at $757,000 after purchasing an additional 269 shares during the last quarter. 95.16% of the stock is currently owned by hedge funds and other institutional investors.

Taylor Morrison Home Stock Up 0.5 %

TMHC stock opened at $70.19 on Tuesday. The company’s 50 day moving average price is $65.19 and its 200 day moving average price is $60.09. The firm has a market capitalization of $7.42 billion, a price-to-earnings ratio of 10.04 and a beta of 1.96. Taylor Morrison Home Co. has a fifty-two week low of $37.23 and a fifty-two week high of $71.95. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.67 and a current ratio of 6.01.

Taylor Morrison Home (NYSE:TMHC) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $1.97 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.06. Taylor Morrison Home had a net margin of 9.92% and a return on equity of 14.99%. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.87 billion. On average, equities research analysts anticipate that Taylor Morrison Home Co. will post 8.15 EPS for the current fiscal year.

Insider Activity at Taylor Morrison Home

In other Taylor Morrison Home news, Director William H. Lyon sold 28,259 shares of Taylor Morrison Home stock in a transaction dated Friday, July 26th. The stock was sold at an average price of $68.25, for a total transaction of $1,928,676.75. Following the completion of the sale, the director now directly owns 2,197,057 shares of the company’s stock, valued at approximately $149,949,140.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Taylor Morrison Home news, Director William H. Lyon sold 28,259 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $68.25, for a total transaction of $1,928,676.75. Following the sale, the director now owns 2,197,057 shares of the company’s stock, valued at $149,949,140.25. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director William H. Lyon sold 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 16th. The stock was sold at an average price of $64.33, for a total transaction of $1,929,900.00. Following the sale, the director now owns 2,255,316 shares of the company’s stock, valued at approximately $145,084,478.28. The disclosure for this sale can be found here. Insiders have sold 90,072 shares of company stock valued at $5,971,357 over the last quarter. 3.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TMHC shares. BTIG Research upgraded Taylor Morrison Home from a “neutral” rating to a “buy” rating and set a $78.00 price target on the stock in a research note on Monday, August 19th. StockNews.com cut Taylor Morrison Home from a “buy” rating to a “hold” rating in a report on Friday, August 2nd. Zelman & Associates upgraded shares of Taylor Morrison Home from a “neutral” rating to an “outperform” rating in a research note on Monday, August 12th. Wedbush reissued a “neutral” rating and set a $65.00 price target (up previously from $61.00) on shares of Taylor Morrison Home in a research report on Wednesday, July 24th. Finally, Raymond James assumed coverage on shares of Taylor Morrison Home in a report on Wednesday, July 24th. They issued an “outperform” rating and a $75.00 price objective for the company. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $70.17.

Taylor Morrison Home Company Profile

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.