Blue Trust Inc. Has $192,000 Stock Position in Taylor Morrison Home Co. (NYSE:TMHC)

Blue Trust Inc. lowered its holdings in Taylor Morrison Home Co. (NYSE:TMHC) by 29.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,133 shares of the construction company’s stock after selling 1,310 shares during the quarter. Blue Trust Inc.’s holdings in Taylor Morrison Home were worth $192,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMHC. Harbor Capital Advisors Inc. bought a new stake in shares of Taylor Morrison Home in the 3rd quarter worth approximately $34,000. V Square Quantitative Management LLC lifted its position in shares of Taylor Morrison Home by 68.1% in the 4th quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company’s stock worth $42,000 after acquiring an additional 277 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Taylor Morrison Home by 43.2% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company’s stock worth $49,000 after acquiring an additional 243 shares during the period. Peterson Financial Group Inc. bought a new stake in shares of Taylor Morrison Home in the 3rd quarter worth approximately $62,000. Finally, R Squared Ltd bought a new stake in shares of Taylor Morrison Home in the 4th quarter worth approximately $61,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on TMHC shares. Wolfe Research upgraded Taylor Morrison Home from a “peer perform” rating to an “outperform” rating and set a $76.00 price objective for the company in a research report on Wednesday, January 8th. Raymond James restated an “outperform” rating and set a $84.00 target price (up previously from $81.00) on shares of Taylor Morrison Home in a research report on Tuesday, October 29th. Royal Bank of Canada raised their target price on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an “outperform” rating in a research report on Thursday, February 13th. Wedbush upgraded Taylor Morrison Home from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $65.00 to $85.00 in a research report on Friday, October 25th. Finally, StockNews.com downgraded Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Taylor Morrison Home presently has an average rating of “Moderate Buy” and an average target price of $82.43.

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 on Monday, November 25th. The stock was 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 of the company’s stock, valued at approximately $152,294,229.36. This trade represents a 1.17 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.50% of the company’s stock.

Taylor Morrison Home Trading Down 1.8 %

Shares of TMHC opened at $61.89 on Thursday. The stock has a fifty day moving average price of $63.11 and a two-hundred day moving average price of $66.27. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39. Taylor Morrison Home Co. has a 52-week low of $53.17 and a 52-week high of $75.49. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 7.47 and a beta of 2.03.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings data on Wednesday, February 12th. The construction company reported $2.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.24. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. Analysts predict that Taylor Morrison Home Co. will post 9.22 EPS for the current fiscal year.

Taylor Morrison Home 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.