Fuller & Thaler Asset Management Inc. Sells 20,391 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Fuller & Thaler Asset Management Inc. cut its position in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 0.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,675,972 shares of the construction company's stock after selling 20,391 shares during the quarter. Fuller & Thaler Asset Management Inc. owned approximately 2.59% of Taylor Morrison Home worth $163,796,000 at the end of the most recent reporting period.

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

Taylor Morrison Home Price Performance

TMHC stock traded down $0.43 during trading on Friday, hitting $57.71. The company had a trading volume of 825,163 shares, compared to its average volume of 905,045. The company has a fifty day moving average price of $59.14 and a two-hundred day moving average price of $63.96. Taylor Morrison Home Co. has a fifty-two week low of $51.90 and a fifty-two week high of $75.49. The company has a market cap of $5.87 billion, a P/E ratio of 6.97 and a beta of 1.76. The company has a current ratio of 6.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.36.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The construction company reported $2.18 EPS for the quarter, beating the consensus estimate of $1.85 by $0.33. The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.81 billion. Taylor Morrison Home had a net margin of 10.81% and a return on equity of 16.50%. Equities research analysts expect that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TMHC. StockNews.com downgraded shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. BTIG Research set a $75.00 price objective on shares of Taylor Morrison Home and gave the stock a "buy" rating in a report on Wednesday, April 16th. JPMorgan Chase & Co. reduced their target price on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a research note on Tuesday, February 18th. Seaport Res Ptn upgraded Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 6th. Finally, Wedbush reiterated an "outperform" rating and issued a $85.00 price objective on shares of Taylor Morrison Home in a research report on Wednesday. Two investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, Taylor Morrison Home currently has an average rating of "Moderate Buy" and an average target price of $77.86.

Insiders Place Their Bets

In related news, Director David C. Merritt sold 2,402 shares of the company's stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total transaction of $153,679.96. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Joseph Terracciano sold 1,537 shares of the firm's 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 disclosure for this sale can be found here. Insiders own 1.40% of the company's stock.

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.