Mutual of America Capital Management LLC Has $17.92 Million Stock Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Mutual of America Capital Management LLC decreased its holdings in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 24.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 292,735 shares of the construction company's stock after selling 94,012 shares during the quarter. Mutual of America Capital Management LLC owned 0.28% of Taylor Morrison Home worth $17,918,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MQS Management LLC bought a new position in Taylor Morrison Home in the 3rd quarter valued at about $768,000. Lord Abbett & CO. LLC increased its holdings in Taylor Morrison Home by 2.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 463,287 shares of the construction company's stock valued at $32,550,000 after buying an additional 11,302 shares during the period. Principal Financial Group Inc. increased its holdings in Taylor Morrison Home by 3.5% in the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company's stock valued at $144,144,000 after buying an additional 69,222 shares during the period. Intech Investment Management LLC bought a new position in Taylor Morrison Home in the 3rd quarter valued at about $1,899,000. Finally, Sheets Smith Wealth Management bought a new position in Taylor Morrison Home in the 4th quarter valued at about $550,000. Institutional investors and hedge funds own 95.16% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on TMHC. 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 report on Thursday, February 13th. JPMorgan Chase & Co. decreased 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 report on Tuesday, February 18th. Wolfe Research raised shares of Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 price target on the stock in a report on Wednesday, January 8th. StockNews.com lowered shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Barclays raised shares of Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $75.00 to $90.00 in a report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, Taylor Morrison Home currently has an average rating of "Moderate Buy" and a consensus price target of $82.43.

Insider Transactions at Taylor Morrison Home

In other news, Director David C. Merritt sold 2,402 shares of the business'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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 3.50% of the company's stock.

Taylor Morrison Home Trading Down 2.1 %

TMHC traded down $1.27 during trading on Monday, reaching $60.37. 953,217 shares of the company's stock were exchanged, compared to its average volume of 1,019,270. Taylor Morrison Home Co. has a one year low of $53.17 and a one year high of $75.49. 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 $6.25 billion, a PE ratio of 7.29 and a beta of 2.03. The firm has a fifty day moving average price of $62.94 and a two-hundred day moving average price of $66.37.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted 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 net margin of 10.81% and a return on equity of 16.50%. As a group, equities research analysts forecast that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

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.