Yousif Capital Management LLC Has $2.37 Million Stock Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Yousif Capital Management LLC cut its stake in shares of Taylor Morrison Home Co. (NYSE:TMHCFree Report) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,759 shares of the construction company’s stock after selling 1,412 shares during the period. Yousif Capital Management LLC’s holdings in Taylor Morrison Home were worth $2,372,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of TMHC. Assenagon Asset Management S.A. raised its stake in Taylor Morrison Home by 271.0% in the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock valued at $62,955,000 after buying an additional 654,541 shares during the period. Vision Capital Corp bought a new stake in Taylor Morrison Home in the third quarter valued at approximately $38,173,000. Charles Schwab Investment Management Inc. increased its stake 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. Barclays PLC increased its stake in shares of Taylor Morrison Home by 66.4% during the third quarter. Barclays PLC now owns 420,419 shares of the construction company’s stock worth $29,539,000 after purchasing an additional 167,735 shares during the period. Finally, World Investment Advisors LLC bought a new position in shares of Taylor Morrison Home during the third quarter worth approximately $10,291,000. 95.16% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Taylor Morrison Home

In other news, Director William H. Lyon sold 24,284 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $74.46, for a total value of $1,808,186.64. Following the transaction, the director now owns 2,045,316 shares in the company, valued at $152,294,229.36. The trade was a 1.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 3.50% of the company’s stock.

Taylor Morrison Home Stock Performance

Shares of Taylor Morrison Home stock opened at $62.16 on Tuesday. Taylor Morrison Home Co. has a one year low of $52.72 and a one year high of $75.49. The firm has a market capitalization of $6.43 billion, a price-to-earnings ratio of 8.22 and a beta of 2.03. The business has a 50-day simple moving average of $64.18 and a 200 day simple moving average of $66.45. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.24 and a quick ratio of 0.69.

Wall Street Analysts Forecast Growth

TMHC has been the topic of a number of recent research reports. Seaport Res Ptn lowered Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research note on Monday, January 27th. 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. Barclays upgraded Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $75.00 to $90.00 in a research note on Wednesday, December 11th. StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. lowered their price objective on Taylor Morrison Home from $101.00 to $90.00 and set an “overweight” rating on the stock in a research note on Friday, December 13th. 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. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $84.00.

Read Our Latest Research Report on Taylor Morrison Home

Taylor Morrison Home Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Taylor Morrison Home (NYSE:TMHC)

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