Cwm LLC Buys 265 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Cwm LLC raised its stake in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 17.2% in the 4th quarter, Holdings Channel reports. The firm owned 1,804 shares of the construction company’s stock after acquiring an additional 265 shares during the period. Cwm LLC’s holdings in Taylor Morrison Home were worth $96,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Taylor Morrison Home by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 11,404,759 shares of the construction company’s stock valued at $485,957,000 after purchasing an additional 217,222 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Taylor Morrison Home by 117.0% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 3,180,341 shares of the construction company’s stock valued at $135,514,000 after acquiring an additional 1,714,897 shares during the last quarter. Invesco Ltd. raised its stake in shares of Taylor Morrison Home by 3.3% in the third quarter. Invesco Ltd. now owns 3,038,939 shares of the construction company’s stock valued at $129,489,000 after acquiring an additional 97,604 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Taylor Morrison Home by 15.3% in the 3rd quarter. Acadian Asset Management LLC now owns 2,528,636 shares of the construction company’s stock worth $107,726,000 after acquiring an additional 334,815 shares during the last quarter. Finally, AQR Capital Management LLC boosted its stake in shares of Taylor Morrison Home by 2.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,036,816 shares of the construction company’s stock worth $86,789,000 after purchasing an additional 40,958 shares during the period. 95.16% of the stock is owned by institutional investors.

Insider Buying and Selling at Taylor Morrison Home

In other news, 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 sale, the director now owns 40,570 shares of the company’s stock, valued at approximately $2,528,322.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Taylor Morrison Home news, Director William H. Lyon sold 153,000 shares of the stock in a transaction on Thursday, March 28th. The stock was sold at an average price of $62.32, for a total transaction of $9,534,960.00. Following the sale, the director now owns 40,570 shares of the company’s stock, valued at approximately $2,528,322.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William H. Lyon sold 164,000 shares of the business’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $60.33, for a total value of $9,894,120.00. Following the completion of the transaction, the director now directly owns 43,570 shares of the company’s stock, valued at $2,628,578.10. The disclosure for this sale can be found here. In the last quarter, insiders have sold 613,537 shares of company stock valued at $36,409,767. Company insiders own 3.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TMHC. Zelman & Associates raised shares of Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a research report on Friday, April 12th. Seaport Res Ptn lowered Taylor Morrison Home from a “buy” rating to a “neutral” rating in a research note on Monday, January 22nd. Barclays boosted their price objective on Taylor Morrison Home from $55.00 to $60.00 and gave the company an “equal weight” rating in a report on Thursday, February 15th. StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research note on Thursday, March 21st. Finally, Royal Bank of Canada boosted their target price on shares of Taylor Morrison Home from $61.00 to $63.00 and gave the company an “outperform” rating in a research note on Wednesday, May 1st. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Taylor Morrison Home currently has a consensus rating of “Hold” and an average target price of $58.20.

Taylor Morrison Home Trading Up 0.7 %

TMHC opened at $59.02 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 6.16 and a debt-to-equity ratio of 0.39. The stock’s fifty day moving average is $57.73 and its two-hundred day moving average is $52.27. The company has a market capitalization of $6.28 billion, a P/E ratio of 8.44 and a beta of 1.88. Taylor Morrison Home Co. has a 52 week low of $37.23 and a 52 week high of $62.64.

Taylor Morrison Home (NYSE:TMHC) last posted its quarterly earnings results on Tuesday, April 30th. The construction company reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.57 by $0.18. The business had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. Taylor Morrison Home had a return on equity of 15.75% and a net margin of 10.30%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.74 EPS. Analysts forecast that Taylor Morrison Home Co. will post 7.56 earnings per share for the current year.

About Taylor Morrison Home

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.