Taylor Morrison Home Co. (NYSE:TMHC) Shares Acquired by Walleye Capital LLC

Walleye Capital LLC grew its position in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 138.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 197,574 shares of the construction company's stock after acquiring an additional 114,688 shares during the quarter. Walleye Capital LLC owned 0.19% of Taylor Morrison Home worth $12,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. V Square Quantitative Management LLC boosted its holdings in shares of 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 during the period. Thurston Springer Miller Herd & Titak Inc. lifted its position 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 buying an additional 243 shares during the last quarter. SRS Capital Advisors Inc. purchased a new position in Taylor Morrison Home during the fourth quarter worth $51,000. Smartleaf Asset Management LLC increased its position in Taylor Morrison Home by 41.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock valued at $51,000 after acquiring an additional 243 shares during the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Taylor Morrison Home in the fourth quarter valued at $61,000. Institutional investors own 95.16% of the company's stock.

Taylor Morrison Home Stock Up 2.8 %

Shares of TMHC stock traded up $1.53 during mid-day trading on Friday, hitting $56.44. The stock had a trading volume of 1,008,345 shares, compared to its average volume of 890,234. Taylor Morrison Home Co. has a 12-month low of $51.90 and a 12-month high of $75.49. The company has a debt-to-equity ratio of 0.36, a current ratio of 6.39 and a quick ratio of 0.94. The firm's 50-day moving average is $59.89 and its two-hundred day moving average is $64.43. The firm has a market capitalization of $5.74 billion, a P/E ratio of 6.82 and a beta of 1.76.

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

Wall Street Analyst Weigh In

TMHC has been the subject of a number of recent analyst reports. Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their target price on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a research report on Tuesday, February 18th. Royal Bank of Canada increased their price target on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. StockNews.com cut Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Finally, Wolfe Research upgraded 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 note on Wednesday, January 8th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $78.00.

Insider Activity

In other news, Director David C. Merritt sold 2,402 shares of the business's 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Joseph Terracciano sold 1,537 shares of the firm'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 disclosure for this sale can be found here. Company insiders own 3.50% of the company's stock.

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.