Quantbot Technologies LP Purchases 8,513 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Quantbot Technologies LP increased its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 31.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 35,915 shares of the construction company's stock after purchasing an additional 8,513 shares during the period. Quantbot Technologies LP's holdings in Taylor Morrison Home were worth $2,198,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of TMHC. State Street Corp increased its position in Taylor Morrison Home by 2.8% in the 3rd quarter. State Street Corp now owns 4,987,968 shares of the construction company's stock valued at $350,455,000 after buying an additional 136,432 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Taylor Morrison Home by 3.5% during the third quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company's stock valued at $144,144,000 after acquiring an additional 69,222 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Taylor Morrison Home by 26.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,362,020 shares of the construction company's stock worth $95,696,000 after purchasing an additional 282,227 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Taylor Morrison Home by 9.0% in the 4th quarter. Fisher Asset Management LLC now owns 1,255,266 shares of the construction company's stock worth $76,835,000 after purchasing an additional 103,289 shares in the last quarter. Finally, William Blair Investment Management LLC grew its position in Taylor Morrison Home by 2.5% in the 4th quarter. William Blair Investment Management LLC now owns 781,005 shares of the construction company's stock valued at $47,805,000 after purchasing an additional 18,903 shares during the period. 95.16% of the stock is currently owned by institutional investors.

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Taylor Morrison Home Stock Performance

NYSE:TMHC traded up $0.38 during trading hours on Thursday, reaching $61.27. The stock had a trading volume of 832,583 shares, compared to its average volume of 824,207. The stock has a market cap of $6.23 billion, a P/E ratio of 7.40 and a beta of 2.06. The stock has a 50 day simple moving average of $62.62 and a 200 day simple moving average of $65.75. 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 Co. has a 12-month low of $53.17 and a 12-month high of $75.49.

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

Insider Buying and Selling at Taylor Morrison Home

In other news, Director David C. Merritt sold 2,402 shares of the 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 sale 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 that occurred on 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. Insiders own 3.50% of the company's stock.

Analyst Ratings Changes

TMHC has been the topic of several recent research reports. Wolfe Research raised shares of 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 report on Wednesday, January 8th. Barclays upgraded Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and upped their price target for the stock from $75.00 to $90.00 in a report on Wednesday, December 11th. StockNews.com cut Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. reduced their target price on shares of 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. Finally, Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. Two 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.com, Taylor Morrison Home currently has an average rating of "Moderate Buy" and a consensus price target of $82.43.

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.