Russell Investments Group Ltd. Has $9.25 Million Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Russell Investments Group Ltd. raised its holdings in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 24.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 151,142 shares of the construction company's stock after buying an additional 29,531 shares during the quarter. Russell Investments Group Ltd. owned about 0.15% of Taylor Morrison Home worth $9,251,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Centiva Capital LP purchased a new stake in Taylor Morrison Home during the 3rd quarter valued at about $206,000. Wolverine Trading LLC bought a new position in shares of Taylor Morrison Home during the third quarter worth $298,000. Barclays PLC increased its position in Taylor Morrison Home by 66.4% in the third quarter. Barclays PLC now owns 420,419 shares of the construction company's stock worth $29,539,000 after purchasing an additional 167,735 shares during the last quarter. M&T Bank Corp bought a new position in shares of Taylor Morrison Home during the 3rd quarter valued at approximately $228,000. Finally, Sanctuary Advisors LLC boosted its position in shares of Taylor Morrison Home by 16.2% during the third quarter. Sanctuary Advisors LLC now owns 15,464 shares of the construction company's stock valued at $1,099,000 after buying an additional 2,158 shares during the period. 95.16% of the stock is currently owned by institutional investors.

Insider Activity at Taylor Morrison Home

In other Taylor Morrison Home news, Director David C. Merritt sold 2,402 shares of Taylor Morrison Home stock in a transaction 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 document filed with the SEC, which is available through this hyperlink. Also, CAO Joseph Terracciano sold 1,537 shares of the company'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. 3.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages recently weighed in on TMHC. BTIG Research set a $75.00 target price on Taylor Morrison Home and gave the stock a "buy" rating in a research note on Wednesday. StockNews.com downgraded shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Barclays reduced their price objective on shares of Taylor Morrison Home from $90.00 to $70.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. 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, Seaport Res Ptn raised Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $78.00.

Taylor Morrison Home Stock Up 2.0 %

Shares of NYSE:TMHC traded up $1.09 on Thursday, reaching $56.00. The company had a trading volume of 301,657 shares, compared to its average volume of 886,782. The stock has a 50-day moving average price of $60.01 and a 200 day moving average price of $64.52. The company has a quick ratio of 0.94, a current ratio of 6.39 and a debt-to-equity ratio of 0.36. Taylor Morrison Home Co. has a twelve month low of $51.90 and a twelve month high of $75.49. The stock has a market capitalization of $5.70 billion, a P/E ratio of 6.78 and a beta of 1.76.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last issued its earnings results on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, topping the consensus estimate 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, equities analysts expect that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

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.