Taylor Morrison Home Co. (NYSE:TMHC) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP reduced its holdings in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 4.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,332,958 shares of the construction company's stock after selling 349,887 shares during the quarter. Dimensional Fund Advisors LP owned 7.09% of Taylor Morrison Home worth $448,851,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. V Square Quantitative Management LLC boosted its holdings in shares of Taylor Morrison Home by 68.1% during the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock worth $42,000 after purchasing an additional 277 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Taylor Morrison Home by 43.2% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company's stock worth $49,000 after purchasing an additional 243 shares during the last quarter. SRS Capital Advisors Inc. purchased a new stake in shares of Taylor Morrison Home during the fourth quarter valued at $51,000. Smartleaf Asset Management LLC raised its position in Taylor Morrison Home by 41.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock worth $51,000 after buying an additional 243 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Taylor Morrison Home during the 4th quarter valued at about $61,000. Hedge funds and other institutional investors own 95.16% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a report on Thursday, March 6th. Royal Bank of Canada raised their target price on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. JPMorgan Chase & Co. reduced their price target on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. StockNews.com downgraded Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Finally, Wedbush restated an "outperform" rating and issued a $85.00 target price on shares of Taylor Morrison Home in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, Taylor Morrison Home has a consensus rating of "Moderate Buy" and a consensus price target of $78.00.

Insider Activity at Taylor Morrison Home

In related news, Director David C. Merritt sold 2,402 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total value of $153,679.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CAO Joseph Terracciano sold 1,537 shares of the stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total transaction of $93,372.75. The disclosure for this sale can be found here. 1.40% of the stock is currently owned by insiders.

Taylor Morrison Home Stock Down 2.2 %

Taylor Morrison Home stock traded down $1.27 during trading hours on Wednesday, reaching $57.52. The stock had a trading volume of 1,822,178 shares, compared to its average volume of 898,988. The company has a debt-to-equity ratio of 0.36, a current ratio of 6.39 and a quick ratio of 0.94. The company has a market cap of $5.85 billion, a price-to-earnings ratio of 6.95 and a beta of 1.76. The business's 50 day moving average price is $59.50 and its 200-day moving average price is $64.14. Taylor Morrison Home Co. has a 52 week low of $51.90 and a 52 week high of $75.49.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted its quarterly earnings data on Wednesday, April 23rd. The construction company reported $2.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.85 by $0.33. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. Sell-side analysts anticipate that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

Taylor Morrison Home 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.