Taylor Morrison Home Co. (NYSE:TMHC) Shares Sold by Xponance Inc.

Xponance Inc. lessened its stake in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 2.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,585 shares of the construction company’s stock after selling 350 shares during the quarter. Xponance Inc.’s holdings in Taylor Morrison Home were worth $885,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. AIA Group Ltd acquired a new stake in shares of Taylor Morrison Home during the fourth quarter worth $207,000. Daiwa Securities Group Inc. acquired a new stake in shares of Taylor Morrison Home during the fourth quarter worth $48,000. Louisiana State Employees Retirement System acquired a new stake in shares of Taylor Morrison Home during the fourth quarter worth $1,611,000. Cerity Partners LLC boosted its holdings in shares of Taylor Morrison Home by 17.7% during the fourth quarter. Cerity Partners LLC now owns 8,741 shares of the construction company’s stock worth $466,000 after purchasing an additional 1,316 shares during the last quarter. Finally, Mutual of America Capital Management LLC boosted its holdings in shares of Taylor Morrison Home by 1.4% during the fourth quarter. Mutual of America Capital Management LLC now owns 416,353 shares of the construction company’s stock worth $22,212,000 after purchasing an additional 5,658 shares during the last quarter. Institutional investors and hedge funds own 95.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Zelman & Associates upgraded Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a report on Friday, April 12th. Seaport Res Ptn cut Taylor Morrison Home from a “buy” rating to a “neutral” rating in a report on Monday, January 22nd. Barclays increased their target price on Taylor Morrison Home from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 15th. StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Thursday, March 21st. Finally, Royal Bank of Canada increased their target price on Taylor Morrison Home from $57.00 to $61.00 and gave the stock an “outperform” rating in a research report on Thursday, February 15th. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $57.20.

Insider Activity

In other news, Director William H. Lyon sold 33,400 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $56.04, for a total transaction of $1,871,736.00. Following the completion of the sale, the director now directly owns 71,570 shares in the company, valued at $4,010,782.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director William H. Lyon sold 33,400 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $56.04, for a total transaction of $1,871,736.00. Following the completion of the sale, the director now directly owns 71,570 shares in the company, valued at $4,010,782.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Joseph Terracciano sold 724 shares of the firm’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $55.87, for a total value of $40,449.88. The disclosure for this sale can be found here. Insiders sold 613,537 shares of company stock worth $36,409,767 over the last ninety days. Corporate insiders own 5.50% of the company’s stock.

Taylor Morrison Home Trading Down 0.1 %

Shares of TMHC opened at $56.28 on Friday. The stock’s fifty day simple moving average is $57.43 and its 200 day simple moving average is $51.20. The company has a current ratio of 6.00, a quick ratio of 1.13 and a debt-to-equity ratio of 0.38. Taylor Morrison Home Co. has a twelve month low of $37.23 and a twelve month high of $62.64. The firm has a market capitalization of $5.99 billion, a P/E ratio of 8.06 and a beta of 1.87.

Taylor Morrison Home (NYSE:TMHC) last released its quarterly earnings data on Wednesday, February 14th. The construction company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.82 by $0.23. The company had revenue of $2.02 billion for the quarter, compared to analyst estimates of $1.85 billion. Taylor Morrison Home had a return on equity of 16.21% and a net margin of 10.37%. The firm’s revenue was down 19.0% compared to the same quarter last year. During the same period last year, the company posted $2.93 earnings per share. On average, equities research analysts forecast that Taylor Morrison Home Co. will post 7.29 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.