CW Advisors LLC Purchases 14,892 Shares of Taylor Morrison Home Corporation $TMHC

CW Advisors LLC raised its position in shares of Taylor Morrison Home Corporation (NYSE:TMHC) by 71.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,686 shares of the construction company’s stock after acquiring an additional 14,892 shares during the period. CW Advisors LLC’s holdings in Taylor Morrison Home were worth $2,192,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Atlantic Union Bankshares Corp bought a new stake in Taylor Morrison Home during the 2nd quarter valued at approximately $28,000. AlphaCore Capital LLC bought a new position in Taylor Morrison Home in the 2nd quarter worth approximately $37,000. Parallel Advisors LLC increased its position in Taylor Morrison Home by 29.9% in the 2nd quarter. Parallel Advisors LLC now owns 882 shares of the construction company’s stock worth $54,000 after buying an additional 203 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Taylor Morrison Home by 30.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 899 shares of the construction company’s stock valued at $55,000 after acquiring an additional 211 shares during the period. Finally, IFP Advisors Inc bought a new stake in shares of Taylor Morrison Home in the second quarter valued at approximately $65,000. 95.16% of the stock is currently owned by institutional investors.

Taylor Morrison Home Trading Down 0.4%

Shares of Taylor Morrison Home stock opened at $62.45 on Friday. Taylor Morrison Home Corporation has a 52-week low of $51.90 and a 52-week high of $72.50. The firm has a market capitalization of $6.10 billion, a PE ratio of 7.52 and a beta of 1.57. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.02 and a quick ratio of 1.02. The company’s fifty day moving average price is $61.57 and its two-hundred day moving average price is $62.78.

Taylor Morrison Home (NYSE:TMHC) last issued its earnings results on Wednesday, October 22nd. The construction company reported $2.11 earnings per share for the quarter, beating the consensus estimate of $1.93 by $0.18. The business had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.03 billion. Taylor Morrison Home had a net margin of 10.16% and a return on equity of 15.23%. The firm’s revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.40 EPS. On average, analysts expect that Taylor Morrison Home Corporation will post 8.93 EPS for the current year.

Analyst Upgrades and Downgrades

TMHC has been the topic of a number of research reports. Royal Bank Of Canada dropped their target price on shares of Taylor Morrison Home from $75.00 to $68.00 and set an “outperform” rating on the stock in a research report on Thursday, October 23rd. Bank of America dropped their price objective on shares of Taylor Morrison Home from $75.00 to $72.00 and set a “buy” rating on the stock in a report on Friday, October 10th. Weiss Ratings raised shares of Taylor Morrison Home from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, December 1st. Finally, Wedbush reiterated an “outperform” rating and issued a $85.00 target price on shares of Taylor Morrison Home in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $75.29.

Insiders Place Their Bets

In other Taylor Morrison Home news, Director Anne L. Mariucci sold 14,002 shares of Taylor Morrison Home stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $70.00, for a total transaction of $980,140.00. Following the sale, the director directly owned 48,191 shares of the company’s stock, valued at approximately $3,373,370. The trade was a 22.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.40% of the company’s stock.

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.