Taylor Morrison Home Co. (NYSE:TMHC) Stock Holdings Increased by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in Taylor Morrison Home Co. (NYSE:TMHC) by 14.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 21,862 shares of the construction company’s stock after purchasing an additional 2,705 shares during the quarter. Natixis Advisors LLC’s holdings in Taylor Morrison Home were worth $1,536,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. MQS Management LLC acquired a new stake in Taylor Morrison Home in the third quarter worth about $768,000. Janus Henderson Group PLC boosted its holdings in shares of Taylor Morrison Home by 22.3% in the first quarter. Janus Henderson Group PLC now owns 76,608 shares of the construction company’s stock valued at $4,761,000 after acquiring an additional 13,987 shares in the last quarter. Wedge Capital Management L L P NC increased its stake in shares of Taylor Morrison Home by 1,910.4% during the second quarter. Wedge Capital Management L L P NC now owns 727,919 shares of the construction company’s stock valued at $40,356,000 after acquiring an additional 691,711 shares during the period. Creative Planning raised its holdings in Taylor Morrison Home by 46.3% during the third quarter. Creative Planning now owns 29,723 shares of the construction company’s stock worth $2,088,000 after purchasing an additional 9,408 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Taylor Morrison Home by 18.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 786,249 shares of the construction company’s stock worth $43,590,000 after purchasing an additional 122,864 shares in the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. StockNews.com upgraded Taylor Morrison Home from a “hold” rating to a “buy” rating in a research report on Thursday, October 24th. BTIG Research lifted their target price on Taylor Morrison Home from $78.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Wedbush upgraded shares of Taylor Morrison Home from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $65.00 to $85.00 in a research report on Friday, October 25th. Zelman & Associates upgraded shares of Taylor Morrison Home from a “neutral” rating to an “outperform” rating in a research report on Monday, August 12th. Finally, Barclays boosted their target price on shares of Taylor Morrison Home from $72.00 to $75.00 and gave the stock an “equal weight” rating in a report on Thursday, October 24th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $77.33.

Insider Buying and Selling at Taylor Morrison Home

In other Taylor Morrison Home news, EVP Darrell Sherman sold 68,433 shares of Taylor Morrison Home stock in a transaction dated Wednesday, October 30th. The stock was sold at an average price of $70.50, for a total transaction of $4,824,526.50. Following the transaction, the executive vice president now owns 109,217 shares of the company’s stock, valued at $7,699,798.50. The trade was a 38.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William H. Lyon sold 9,075 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $72.08, for a total transaction of $654,126.00. Following the completion of the sale, the director now directly owns 2,136,241 shares of the company’s stock, valued at $153,980,251.28. This trade represents a 0.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 104,337 shares of company stock valued at $7,356,683 in the last three months. 3.50% of the stock is currently owned by company insiders.

Taylor Morrison Home Trading Up 5.2 %

Shares of TMHC opened at $74.80 on Tuesday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. Taylor Morrison Home Co. has a 1-year low of $44.32 and a 1-year high of $75.49. The stock has a market capitalization of $7.74 billion, a P/E ratio of 9.89 and a beta of 1.96. The business’s 50-day moving average price is $69.56 and its 200 day moving average price is $63.76.

Taylor Morrison Home (NYSE:TMHC) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.06 by $0.31. Taylor Morrison Home had a net margin of 10.39% and a return on equity of 15.91%. The business had revenue of $2.12 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same quarter in the previous year, the business earned $1.62 earnings per share. The firm’s revenue was up 26.6% compared to the same quarter last year. Analysts expect that Taylor Morrison Home Co. will post 8.44 earnings per share for the current year.

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.