Taylor Morrison Home Co. (NYSE:TMHC) CAO Joseph Terracciano Sells 1,537 Shares

Taylor Morrison Home Co. (NYSE:TMHC) CAO Joseph Terracciano sold 1,537 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of $60.75, for a total value of $93,372.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Taylor Morrison Home Stock Down 1.5 %

TMHC opened at $59.55 on Thursday. Taylor Morrison Home Co. has a one year low of $53.17 and a one year high of $75.49. The company has a market cap of $6.06 billion, a price-to-earnings ratio of 7.19 and a beta of 2.06. The business’s fifty day moving average is $62.92 and its two-hundred day moving average is $66.19. 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 (NYSE:TMHC) last posted its quarterly earnings data on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, topping analysts’ consensus estimates 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 anticipate that Taylor Morrison Home Co. will post 8.93 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have issued reports on TMHC shares. Wolfe Research raised 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 note on Wednesday, January 8th. Barclays raised Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $75.00 to $90.00 in a research note on Wednesday, December 11th. JPMorgan Chase & Co. decreased their price target on Taylor Morrison Home from $90.00 to $82.00 and set an “overweight” rating for the company in a report on Tuesday, February 18th. Royal Bank of Canada boosted their target price on Taylor Morrison Home from $72.00 to $74.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Finally, StockNews.com cut Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Taylor Morrison Home presently has an average rating of “Moderate Buy” and an average price target of $82.43.

Hedge Funds Weigh In On Taylor Morrison Home

Several hedge funds and other institutional investors have recently modified their holdings of TMHC. GTS Securities LLC purchased a new stake in Taylor Morrison Home during the 4th quarter worth approximately $277,000. Vise Technologies Inc. acquired a new position in Taylor Morrison Home during the 4th quarter worth $310,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Taylor Morrison Home by 17.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 283,509 shares of the construction company’s stock worth $17,354,000 after acquiring an additional 42,984 shares during the period. Voloridge Investment Management LLC boosted its position in Taylor Morrison Home by 163.0% during the 4th quarter. Voloridge Investment Management LLC now owns 165,634 shares of the construction company’s stock worth $10,138,000 after acquiring an additional 102,653 shares during the period. Finally, iSAM Funds UK Ltd lifted its holdings in shares of Taylor Morrison Home by 148.1% in the fourth quarter. iSAM Funds UK Ltd now owns 18,413 shares of the construction company’s stock valued at $1,127,000 after buying an additional 10,991 shares during the period. 95.16% of the stock is owned by institutional investors and hedge funds.

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.