EMG Holdings L.P. Has $6.07 Million Stake in Taylor Morrison Home Co. (NYSE:TMHC)

EMG Holdings L.P. increased its holdings in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 6.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,173 shares of the construction company's stock after buying an additional 6,173 shares during the period. Taylor Morrison Home accounts for 3.6% of EMG Holdings L.P.'s holdings, making the stock its 3rd largest position. EMG Holdings L.P. owned 0.10% of Taylor Morrison Home worth $6,070,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TMHC. V Square Quantitative Management LLC boosted its position in Taylor Morrison Home by 68.1% in the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock valued at $42,000 after buying an additional 277 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its position in Taylor Morrison Home by 43.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company's stock worth $49,000 after buying an additional 243 shares during the period. SRS Capital Advisors Inc. acquired a new position in Taylor Morrison Home in the 4th quarter valued at approximately $51,000. Smartleaf Asset Management LLC lifted its holdings in 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 buying an additional 243 shares during the period. Finally, R Squared Ltd acquired a new stake in shares of Taylor Morrison Home in the fourth quarter valued at about $61,000. Institutional investors and hedge funds own 95.16% of the company's stock.

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Taylor Morrison Home Stock Up 3.0 %

TMHC stock traded up $1.76 during mid-day trading on Friday, reaching $59.35. 1,512,858 shares of the company traded hands, compared to its average volume of 880,685. Taylor Morrison Home Co. has a fifty-two week low of $53.17 and a fifty-two week high of $75.49. 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 firm's 50 day moving average price is $61.81 and its 200 day moving average price is $65.44. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 7.17 and a beta of 1.76.

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

Insiders Place Their Bets

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 1,537 shares of the business's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total value of $93,372.75. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director David C. Merritt sold 2,402 shares of Taylor Morrison Home stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total value of $153,679.96. The disclosure for this sale can be found here. Insiders own 3.50% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TMHC shares. Seaport Res Ptn upgraded shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a report on Thursday, March 6th. JPMorgan Chase & Co. decreased their target price on 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. Wolfe Research upgraded 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. Barclays upgraded shares of Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $75.00 to $90.00 in a research note on Wednesday, December 11th. Finally, StockNews.com cut shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $82.43.

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.