3,000 Shares in Taylor Morrison Home Co. (NYSE:TMHC) Purchased by Columbus Macro LLC

Columbus Macro LLC acquired a new stake in shares of Taylor Morrison Home Co. (NYSE:TMHC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,000 shares of the construction company’s stock, valued at approximately $202,000.

Several other large investors also recently modified their holdings of TMHC. V Square Quantitative Management LLC bought a new stake in shares of Taylor Morrison Home in the 3rd quarter worth about $29,000. UMB Bank n.a. increased its holdings in shares of Taylor Morrison Home by 263.9% during the third quarter. UMB Bank n.a. now owns 535 shares of the construction company’s stock worth $38,000 after buying an additional 388 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Taylor Morrison Home in the second quarter valued at approximately $31,000. Fidelis Capital Partners LLC acquired a new position in shares of Taylor Morrison Home in the 1st quarter worth approximately $82,000. Finally, Meeder Asset Management Inc. bought a new stake in Taylor Morrison Home during the 1st quarter worth approximately $91,000. 95.16% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TMHC. Raymond James assumed coverage on Taylor Morrison Home in a report on Wednesday, July 24th. They issued an “outperform” rating and a $75.00 price target for the company. Barclays raised their price target on shares of Taylor Morrison Home from $62.00 to $72.00 and gave the company an “equal weight” rating in a report on Thursday, July 25th. Wedbush reaffirmed a “neutral” rating and set a $65.00 price objective (up previously from $61.00) on shares of Taylor Morrison Home in a report on Wednesday, July 24th. BTIG Research upgraded Taylor Morrison Home from a “neutral” rating to a “buy” rating and set a $78.00 price objective on the stock in a research report on Monday, August 19th. Finally, Zelman & Associates upgraded Taylor Morrison Home from a “neutral” rating to an “outperform” rating in a research report on Monday, August 12th. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and a consensus price target of $70.17.

Insider Buying and Selling

In other Taylor Morrison Home news, Director William H. Lyon sold 1,741 shares of the business’s stock in a transaction dated Monday, July 29th. The stock was sold at an average price of $68.03, for a total value of $118,440.23. Following the completion of the transaction, the director now directly owns 2,195,316 shares of the company’s stock, valued at approximately $149,347,347.48. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Taylor Morrison Home news, Director William H. Lyon sold 1,741 shares of Taylor Morrison Home stock in a transaction that occurred on Monday, July 29th. The shares were sold at an average price of $68.03, for a total value of $118,440.23. Following the transaction, the director now owns 2,195,316 shares of the company’s stock, valued at approximately $149,347,347.48. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William H. Lyon sold 28,259 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $68.25, for a total transaction of $1,928,676.75. Following the sale, the director now directly owns 2,197,057 shares of the company’s stock, valued at $149,949,140.25. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 30,072 shares of company stock valued at $2,052,157. 3.50% of the stock is owned by company insiders.

Taylor Morrison Home Stock Up 1.5 %

Shares of Taylor Morrison Home stock opened at $70.97 on Monday. The company has a quick ratio of 0.67, a current ratio of 6.01 and a debt-to-equity ratio of 0.39. Taylor Morrison Home Co. has a 12 month low of $37.23 and a 12 month high of $71.95. The stock has a market cap of $7.40 billion, a PE ratio of 10.55 and a beta of 1.96. The business has a fifty day simple moving average of $66.93 and a 200 day simple moving average of $61.39.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings data on Wednesday, July 24th. The construction company reported $1.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.91 by $0.06. The firm had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Taylor Morrison Home had a net margin of 9.92% and a return on equity of 14.99%. Research analysts predict that Taylor Morrison Home Co. will post 8.15 EPS for the current year.

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.