49,849 Shares in Taylor Morrison Home Co. (NYSE:TMHC) Bought by Ruffer LLP

Ruffer LLP acquired a new position in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 49,849 shares of the construction company's stock, valued at approximately $3,051,000.

Several other large investors have also added to or reduced their stakes in TMHC. Harbor Capital Advisors Inc. acquired a new position in shares of Taylor Morrison Home during the 3rd quarter worth about $34,000. V Square Quantitative Management LLC raised its holdings in 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 acquiring an additional 277 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in 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 valued at $49,000 after purchasing an additional 243 shares in the last quarter. SRS Capital Advisors Inc. acquired a new position in shares of Taylor Morrison Home during the 4th quarter worth approximately $51,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of Taylor Morrison Home by 41.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock worth $51,000 after purchasing an additional 243 shares in the last quarter. Institutional investors and hedge funds own 95.16% of the company's stock.

Taylor Morrison Home Stock Performance

Shares of TMHC traded down $1.49 during mid-day trading on Thursday, hitting $57.99. 1,374,073 shares of the company's stock were exchanged, compared to its average volume of 1,071,939. The firm has a market cap of $5.90 billion, a price-to-earnings ratio of 7.00 and a beta of 2.06. The company has a quick ratio of 0.94, a current ratio of 6.39 and a debt-to-equity ratio of 0.36. The stock's 50-day simple moving average is $62.92 and its 200-day simple moving average is $66.19. Taylor Morrison Home Co. has a 52 week low of $53.17 and a 52 week high of $75.49.

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Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The construction company reported $2.64 earnings per share (EPS) for the quarter, beating 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, equities research analysts expect that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

Insider Buying and Selling at Taylor Morrison Home

In other news, CAO Joseph Terracciano sold 1,537 shares of the business's 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David C. Merritt sold 2,402 shares of Taylor Morrison Home stock in a transaction that occurred on 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. Company insiders own 3.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TMHC shares. StockNews.com downgraded shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. JPMorgan Chase & Co. cut 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. Royal Bank of Canada upped their price objective on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Barclays raised Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $75.00 to $90.00 in a report on Wednesday, December 11th. Finally, 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. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, Taylor Morrison Home presently has an average rating of "Moderate Buy" and a consensus price target 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.