Pacer Advisors Inc. Purchases 180 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Pacer Advisors Inc. lifted its position in Taylor Morrison Home Co. (NYSE:TMHC) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,428 shares of the construction company’s stock after acquiring an additional 180 shares during the quarter. Pacer Advisors Inc.’s holdings in Taylor Morrison Home were worth $944,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TMHC. State Street Corp lifted its holdings in Taylor Morrison Home by 2.8% during the third quarter. State Street Corp now owns 4,987,968 shares of the construction company’s stock worth $350,455,000 after buying an additional 136,432 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company’s stock worth $144,144,000 after purchasing an additional 69,222 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Taylor Morrison Home by 26.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,362,020 shares of the construction company’s stock valued at $95,696,000 after purchasing an additional 282,227 shares in the last quarter. Fisher Asset Management LLC raised its holdings in Taylor Morrison Home by 2.5% in the third quarter. Fisher Asset Management LLC now owns 1,151,977 shares of the construction company’s stock worth $80,938,000 after purchasing an additional 28,166 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its position in shares of Taylor Morrison Home by 271.0% during the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock valued at $62,955,000 after buying an additional 654,541 shares during the last quarter. 95.16% of the stock is owned by hedge funds and other institutional investors.

Taylor Morrison Home Stock Down 2.4 %

TMHC opened at $62.89 on Tuesday. The company has a market cap of $6.51 billion, a PE ratio of 8.32 and a beta of 2.03. The company has a quick ratio of 0.69, a current ratio of 6.24 and a debt-to-equity ratio of 0.37. The business has a 50 day moving average price of $65.24 and a two-hundred day moving average price of $66.51. Taylor Morrison Home Co. has a 52 week low of $51.18 and a 52 week high of $75.49.

Insider Buying and Selling at Taylor Morrison Home

In related news, Director William H. Lyon sold 9,075 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $72.08, for a total transaction of $654,126.00. Following the completion of the transaction, the director now owns 2,136,241 shares of the company’s stock, valued at approximately $153,980,251.28. This represents a 0.42 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 3.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TMHC has been the topic of a number of research analyst reports. Wolfe Research upgraded Taylor Morrison Home from a “peer perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a research note on Wednesday, January 8th. StockNews.com lowered shares of Taylor Morrison Home from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. BTIG Research lifted their price objective on shares of Taylor Morrison Home from $78.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Seaport Res Ptn downgraded Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Monday, January 27th. Finally, Wedbush raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $65.00 to $85.00 in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $84.00.

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.