Fox Run Management L.L.C. Purchases Shares of 16,210 Taylor Morrison Home Co. (NYSE:TMHC)

Fox Run Management L.L.C. acquired a new stake in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 16,210 shares of the construction company's stock, valued at approximately $992,000.

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

Taylor Morrison Home Stock Performance

NYSE:TMHC traded up $0.38 during trading hours on Thursday, hitting $61.27. 832,583 shares of the company traded hands, compared to its average volume of 824,991. The company has a current ratio of 6.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $6.23 billion, a price-to-earnings ratio of 7.40 and a beta of 2.06. The firm has a 50-day moving average of $62.62 and a 200 day moving average of $65.75. Taylor Morrison Home Co. has a twelve month low of $53.17 and a twelve month high of $75.49.

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Taylor Morrison Home (NYSE:TMHC - Get Free Report) last released its earnings results on Wednesday, February 12th. The construction company reported $2.64 earnings per share for the quarter, topping analysts' consensus estimates of $2.40 by $0.24. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. On average, analysts forecast that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

Insider Transactions at Taylor Morrison Home

In other news, CAO Joseph Terracciano sold 1,537 shares of Taylor Morrison Home stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of $60.75, for a total transaction of $93,372.75. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director David C. Merritt sold 2,402 shares of the stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total transaction of $153,679.96. The disclosure for this sale can be found here. 3.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. StockNews.com lowered Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. Royal Bank of Canada raised their price target on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Wolfe Research raised shares of Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 target price on the stock in a research report on Wednesday, January 8th. Finally, Barclays raised Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and boosted their price target for the stock from $75.00 to $90.00 in a research report on Wednesday, December 11th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $82.43.

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.