Taylor Morrison Home Co. (NYSE:TMHC) Shares Acquired by Boston Partners

Boston Partners lifted its position in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 88.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 594,347 shares of the construction company's stock after acquiring an additional 279,361 shares during the quarter. Boston Partners owned 0.57% of Taylor Morrison Home worth $36,794,000 at the end of the most recent reporting period.

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

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Taylor Morrison Home Stock Performance

TMHC stock traded up $1.82 during midday trading on Monday, reaching $61.31. The stock had a trading volume of 1,076,813 shares, compared to its average volume of 823,896. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39. The firm has a fifty day simple moving average of $62.75 and a two-hundred day simple moving average of $65.82. The stock has a market cap of $6.24 billion, a PE ratio of 7.40 and a beta of 2.06. Taylor Morrison Home Co. has a 52-week low of $53.17 and a 52-week 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 EPS for the quarter, beating 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%. As a group, equities research analysts anticipate that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

Insider Buying and Selling at Taylor Morrison Home

In related news, CAO Joseph Terracciano sold 1,537 shares of the firm's stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $60.75, for a total transaction of $93,372.75. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director David C. Merritt sold 2,402 shares of the company's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total transaction of $153,679.96. The disclosure for this sale can be found here. Company insiders own 3.50% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TMHC shares. 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 report on Tuesday, February 18th. Barclays raised shares of Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $75.00 to $90.00 in a research report on Wednesday, December 11th. Royal Bank of Canada boosted their price target on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Wolfe Research upgraded Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 price objective on the stock in a report on Wednesday, January 8th. Finally, StockNews.com lowered Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $82.43.

Taylor Morrison Home 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.