Taylor Morrison Home Co. (NYSE:TMHC) Stake Boosted by Schroder Investment Management Group

Schroder Investment Management Group raised its stake in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 515.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,868 shares of the construction company's stock after purchasing an additional 38,419 shares during the quarter. Schroder Investment Management Group's holdings in Taylor Morrison Home were worth $2,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of TMHC. V Square Quantitative Management LLC raised its holdings in Taylor Morrison Home by 68.1% in the 4th quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock worth $42,000 after purchasing an additional 277 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 worth $49,000 after purchasing an additional 243 shares in the last quarter. SRS Capital Advisors Inc. purchased a new stake in Taylor Morrison Home in the fourth quarter valued at approximately $51,000. Smartleaf Asset Management LLC boosted 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 purchasing an additional 243 shares in the last quarter. Finally, R Squared Ltd acquired a new position in shares of Taylor Morrison Home during the 4th quarter worth approximately $61,000. 95.16% of the stock is currently owned by institutional investors.

Taylor Morrison Home Trading Down 3.5 %

Shares of TMHC traded down $2.03 during mid-day trading on Thursday, reaching $55.39. The company's stock had a trading volume of 93,080 shares, compared to its average volume of 884,600. The company's fifty day moving average price is $60.81 and its two-hundred day moving average price is $64.96. Taylor Morrison Home Co. has a 52 week low of $51.90 and a 52 week 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 cap of $5.64 billion, a PE ratio of 6.70 and a beta of 1.76.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its earnings results on Wednesday, February 12th. The construction company reported $2.64 earnings per share (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, analysts predict that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

Insider Transactions at Taylor Morrison Home

In other Taylor Morrison Home news, Director David C. Merritt sold 2,402 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total transaction of $153,679.96. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CAO Joseph Terracciano sold 1,537 shares of the firm'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 disclosure for this sale can be found here. Corporate insiders own 3.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TMHC. StockNews.com cut Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Royal Bank of Canada raised their target price on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Seaport Res Ptn raised Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a report on Thursday, March 6th. JPMorgan Chase & Co. reduced their price target on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Finally, Wolfe Research raised Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 price target on the stock in a research note on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price 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.