International Assets Investment Management LLC Has $766,000 Stake in Taylor Morrison Home Co. (NYSE:TMHC)

International Assets Investment Management LLC increased its stake in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 9,467.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,351 shares of the construction company’s stock after purchasing an additional 14,201 shares during the quarter. International Assets Investment Management LLC’s holdings in Taylor Morrison Home were worth $766,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Financial Enhancement Group LLC lifted its holdings in shares of Taylor Morrison Home by 2.4% during the 4th quarter. Financial Enhancement Group LLC now owns 94,063 shares of the construction company’s stock valued at $4,849,000 after buying an additional 2,188 shares during the last quarter. TFB Advisors LLC acquired a new stake in Taylor Morrison Home in the fourth quarter valued at approximately $207,000. Blue Trust Inc. grew its position in Taylor Morrison Home by 200.5% in the fourth quarter. Blue Trust Inc. now owns 3,254 shares of the construction company’s stock worth $174,000 after acquiring an additional 2,171 shares in the last quarter. Tectonic Advisors LLC increased its stake in shares of Taylor Morrison Home by 1.1% during the 4th quarter. Tectonic Advisors LLC now owns 27,533 shares of the construction company’s stock worth $1,469,000 after purchasing an additional 296 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its holdings in shares of Taylor Morrison Home by 3,268.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 452,087 shares of the construction company’s stock valued at $24,119,000 after purchasing an additional 438,664 shares in the last quarter. 95.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TMHC has been the subject of a number of recent research reports. Royal Bank of Canada upped their price objective on shares of Taylor Morrison Home from $57.00 to $61.00 and gave the stock an “outperform” rating in a report on Thursday, February 15th. Barclays upped their price target on Taylor Morrison Home from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 15th. Zelman & Associates raised Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a report on Friday, April 12th. StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a report on Thursday, March 21st. Finally, Seaport Res Ptn downgraded Taylor Morrison Home from a “buy” rating to a “neutral” rating in a report on Monday, January 22nd. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $57.20.

Taylor Morrison Home Trading Up 3.7 %

Taylor Morrison Home stock opened at $57.10 on Wednesday. Taylor Morrison Home Co. has a 52 week low of $37.23 and a 52 week high of $62.64. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.13 and a current ratio of 6.00. The firm has a market capitalization of $6.08 billion, a PE ratio of 8.18 and a beta of 1.87. The business’s 50-day simple moving average is $57.44 and its 200-day simple moving average is $51.13.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings results on Wednesday, February 14th. The construction company reported $2.05 EPS for the quarter, topping the consensus estimate of $1.82 by $0.23. Taylor Morrison Home had a return on equity of 16.21% and a net margin of 10.37%. The company had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.85 billion. During the same period in the previous year, the business posted $2.93 EPS. The company’s revenue for the quarter was down 19.0% on a year-over-year basis. Equities research analysts forecast that Taylor Morrison Home Co. will post 7.29 earnings per share for the current year.

Insider Buying and Selling

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 724 shares of the stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $55.87, for a total value of $40,449.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, CAO Joseph Terracciano sold 724 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $55.87, for a total transaction of $40,449.88. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director William H. Lyon sold 153,000 shares of the company’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $62.32, for a total value of $9,534,960.00. Following the completion of the transaction, the director now directly owns 40,570 shares of the company’s stock, valued at approximately $2,528,322.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 613,537 shares of company stock valued at $36,409,767. 5.20% of the stock is owned by company insiders.

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.