Versor Investments LP Makes New Investment in Taylor Morrison Home Co. (NYSE:TMHC)

Versor Investments LP purchased a new stake in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,700 shares of the construction company's stock, valued at approximately $410,000.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in Taylor Morrison Home in the third quarter worth about $34,000. V Square Quantitative Management LLC lifted its holdings 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 during the period. Thurston Springer Miller Herd & Titak Inc. grew its holdings 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 acquiring an additional 243 shares during the period. R Squared Ltd bought a new stake in shares of Taylor Morrison Home during the 4th quarter valued at $61,000. Finally, Peterson Financial Group Inc. acquired a new position in shares of Taylor Morrison Home in the 3rd quarter valued at $62,000. 95.16% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Taylor Morrison Home

In related news, 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 3.50% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on TMHC. Royal Bank of Canada upped their price objective on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. Barclays upgraded shares of Taylor Morrison Home from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $75.00 to $90.00 in a report on Wednesday, December 11th. JPMorgan Chase & Co. reduced their price target on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. Seaport Res Ptn cut shares of Taylor Morrison Home from a "hold" rating to a "strong sell" rating in a research report on Monday, January 27th. 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 report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $82.43.

Taylor Morrison Home Stock Down 2.1 %

Shares of TMHC traded down $1.27 during midday trading on Monday, hitting $60.37. The stock had a trading volume of 953,217 shares, compared to its average volume of 1,019,270. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 7.29 and a beta of 2.03. The company has a 50 day simple moving average of $62.95 and a two-hundred day simple moving average of $66.38. Taylor Morrison Home Co. has a twelve month low of $53.17 and a twelve 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.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last released its earnings results on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, beating the consensus estimate 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, analysts anticipate that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

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.