V Square Quantitative Management LLC Purchases 277 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

V Square Quantitative Management LLC boosted its position in Taylor Morrison Home Co. (NYSE:TMHC) by 68.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 684 shares of the construction company’s stock after acquiring an additional 277 shares during the period. V Square Quantitative Management LLC’s holdings in Taylor Morrison Home were worth $42,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. State Street Corp lifted its position in shares of Taylor Morrison Home by 2.8% in the 3rd quarter. State Street Corp now owns 4,987,968 shares of the construction company’s stock worth $350,455,000 after purchasing an additional 136,432 shares during the period. Principal Financial Group Inc. lifted its position in shares of Taylor Morrison Home by 3.5% in 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 period. Charles Schwab Investment Management Inc. lifted its position in shares of Taylor Morrison Home by 26.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,362,020 shares of the construction company’s stock worth $95,696,000 after purchasing an additional 282,227 shares during the period. Fisher Asset Management LLC lifted its position in shares of Taylor Morrison Home by 2.5% in the 3rd 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 during the period. Finally, Assenagon Asset Management S.A. lifted its position in shares of Taylor Morrison Home by 271.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock worth $62,955,000 after purchasing an additional 654,541 shares during the period. Institutional investors own 95.16% of the company’s stock.

Insider Buying and Selling at Taylor Morrison Home

In other news, Director William H. Lyon sold 24,284 shares of Taylor Morrison Home stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $74.46, for a total value of $1,808,186.64. Following the completion of the sale, the director now directly owns 2,045,316 shares in the company, valued at $152,294,229.36. The trade was a 1.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 3.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

TMHC has been the subject of several research analyst reports. Royal Bank of Canada raised their target price on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Wolfe Research raised shares of Taylor Morrison Home from a “peer perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research report on Wednesday, January 8th. StockNews.com cut shares of Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. BTIG Research lifted their price target on shares of Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Raymond James reissued an “outperform” rating and set a $84.00 price target (up from $81.00) on shares of Taylor Morrison Home in a research report on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.57.

Taylor Morrison Home Stock Up 0.2 %

NYSE:TMHC opened at $64.11 on Tuesday. The firm has a market cap of $6.63 billion, a P/E ratio of 8.48 and a beta of 2.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.69 and a current ratio of 6.24. Taylor Morrison Home Co. has a fifty-two week low of $53.17 and a fifty-two week high of $75.49. The firm has a 50-day simple moving average of $63.43 and a two-hundred day simple moving average of $66.32.

Taylor Morrison Home (NYSE:TMHC) last released its quarterly earnings data on Wednesday, February 12th. The construction company reported $2.64 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.24. Taylor Morrison Home had a net margin of 10.39% and a return on equity of 15.91%. Analysts predict that Taylor Morrison Home Co. will post 8.44 earnings per share for the current fiscal year.

About Taylor Morrison Home

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.