Landscape Capital Management L.L.C. Takes Position in Taylor Morrison Home Co. (NYSE:TMHC)

Landscape Capital Management L.L.C. bought a new stake in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,319 shares of the construction company's stock, valued at approximately $754,000.

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

Taylor Morrison Home Stock Up 0.7 %

TMHC stock traded up $0.38 during midday trading on Friday, hitting $55.71. 926,509 shares of the company's stock were exchanged, compared to its average volume of 888,123. The firm has a 50 day moving average price of $60.49 and a 200-day moving average price of $64.78. Taylor Morrison Home Co. has a 12-month low of $51.90 and a 12-month high of $75.49. The stock has a market capitalization of $5.67 billion, a price-to-earnings ratio of 6.73 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 quarterly earnings results on Wednesday, February 12th. The construction company reported $2.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.40 by $0.24. Taylor Morrison Home had a net margin of 10.81% and a return on equity of 16.50%. On average, analysts anticipate 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 that occurred on Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total value of $93,372.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director David C. Merritt sold 2,402 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total value of $153,679.96. The disclosure for this sale can be found here. Insiders own 3.50% of the company's stock.

Analyst Upgrades and Downgrades

TMHC has been the topic of several recent analyst reports. JPMorgan Chase & Co. reduced their target price on 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. 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. Barclays reduced their price target on Taylor Morrison Home from $90.00 to $70.00 and set an "overweight" rating on the stock in a research report on Tuesday. StockNews.com downgraded shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada boosted their target price on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $79.57.

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.