Taylor Morrison Home Co. (NYSE:TMHC) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Taylor Morrison Home Co. (NYSE:TMHC - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the nine research firms that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $82.43.

A number of equities analysts have recently weighed in on TMHC shares. Barclays upgraded Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $75.00 to $90.00 in a research note on Wednesday, December 11th. StockNews.com lowered shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Seaport Res Ptn lowered Taylor Morrison Home from a "hold" rating to a "strong sell" rating in a research report on Monday, January 27th. Royal Bank of Canada lifted 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. Finally, Wolfe Research upgraded shares of Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 price target for the company in a research report on Wednesday, January 8th.

Taylor Morrison Home Stock Down 1.8 %

NYSE TMHC traded down $1.13 on Monday, reaching $61.17. The company had a trading volume of 911,829 shares, compared to its average volume of 1,021,945. Taylor Morrison Home has a 1-year low of $53.17 and a 1-year high of $75.49. The company's fifty day moving average is $62.87 and its 200-day moving average is $66.32. The firm has a market capitalization of $6.33 billion, a price-to-earnings ratio of 7.39 and a beta of 2.03. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last issued its quarterly earnings data 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 return on equity of 16.50% and a net margin of 10.81%. On average, research analysts forecast that Taylor Morrison Home will post 8.93 earnings per share for the current fiscal year.

Insider Activity

In other news, Director David C. Merritt sold 2,402 shares of Taylor Morrison Home stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total value of $153,679.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 3.50% of the company's stock.

Institutional Trading of Taylor Morrison Home

A number of institutional investors have recently made changes to their positions in the stock. Creative Planning grew its holdings in shares of Taylor Morrison Home by 46.3% during the 3rd quarter. Creative Planning now owns 29,723 shares of the construction company's stock valued at $2,088,000 after acquiring an additional 9,408 shares in the last quarter. Raymond James & Associates lifted its position in shares of Taylor Morrison Home by 8.4% during the 3rd quarter. Raymond James & Associates now owns 62,313 shares of the construction company's stock worth $4,378,000 after buying an additional 4,822 shares during the period. International Assets Investment Management LLC grew its stake in Taylor Morrison Home by 6,926.2% during the third quarter. International Assets Investment Management LLC now owns 10,188 shares of the construction company's stock worth $716,000 after buying an additional 10,043 shares during the last quarter. Ballentine Partners LLC bought a new position in shares of Taylor Morrison Home in the third quarter valued at about $202,000. Finally, Highland Capital Management LLC raised its position in shares of Taylor Morrison Home by 11.3% during the third quarter. Highland Capital Management LLC now owns 4,250 shares of the construction company's stock worth $299,000 after acquiring an additional 431 shares during the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

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.