35,255 Shares in Taylor Morrison Home Co. (NYSE:TMHC) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC acquired a new position in shares of Taylor Morrison Home Co. (NYSE:TMHCFree Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 35,255 shares of the construction company’s stock, valued at approximately $1,881,000.

Other institutional investors also recently bought and sold shares of the company. Victory Capital Management Inc. raised its position in shares of Taylor Morrison Home by 0.3% during the 3rd quarter. Victory Capital Management Inc. now owns 214,800 shares of the construction company’s stock worth $9,153,000 after acquiring an additional 609 shares in the last quarter. Arizona State Retirement System boosted its holdings in shares of Taylor Morrison Home by 1.5% in the 3rd quarter. Arizona State Retirement System now owns 29,514 shares of the construction company’s stock valued at $1,258,000 after buying an additional 424 shares in the last quarter. Oppenheimer & Co. Inc. grew its position in shares of Taylor Morrison Home by 8.0% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 31,469 shares of the construction company’s stock valued at $1,341,000 after buying an additional 2,324 shares during the last quarter. Swiss National Bank raised its stake in Taylor Morrison Home by 1.0% during the 3rd quarter. Swiss National Bank now owns 227,860 shares of the construction company’s stock worth $9,709,000 after acquiring an additional 2,300 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in Taylor Morrison Home by 529.9% in the third quarter. Massachusetts Financial Services Co. MA now owns 34,214 shares of the construction company’s stock valued at $1,458,000 after acquiring an additional 28,782 shares during the last quarter. 95.16% of the stock is owned by hedge funds and other institutional investors.

Taylor Morrison Home Stock Down 0.0 %

Shares of Taylor Morrison Home stock opened at $57.82 on Tuesday. The company has a market cap of $6.12 billion, a P/E ratio of 8.27 and a beta of 1.93. The firm has a fifty day moving average of $58.01 and a two-hundred day moving average of $54.58. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.91 and a current ratio of 6.16. Taylor Morrison Home Co. has a one year low of $37.23 and a one year high of $62.64.

Taylor Morrison Home (NYSE:TMHCGet Free Report) last posted its quarterly earnings results on Tuesday, April 30th. The construction company reported $1.75 EPS for the quarter, beating the consensus estimate of $1.57 by $0.18. Taylor Morrison Home had a return on equity of 15.75% and a net margin of 10.30%. The business had revenue of $1.70 billion during the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the firm earned $1.74 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. On average, analysts forecast that Taylor Morrison Home Co. will post 7.62 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on TMHC shares. StockNews.com raised Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Friday. Barclays boosted their price objective on Taylor Morrison Home from $55.00 to $60.00 and gave the company an “equal weight” rating in a research note on Thursday, February 15th. Royal Bank of Canada raised their target price on shares of Taylor Morrison Home from $61.00 to $63.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 1st. Wedbush restated an “outperform” rating and issued a $61.00 price objective on shares of Taylor Morrison Home in a research note on Thursday, May 30th. Finally, Zelman & Associates upgraded shares of Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a research note on Friday, April 12th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $59.40.

Check Out Our Latest Analysis on Taylor Morrison Home

Insider Activity

In related news, Director William H. Lyon sold 46,668 shares of the business’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $58.16, for a total transaction of $2,714,210.88. Following the sale, the director now owns 2,577,316 shares of the company’s stock, valued at $149,896,698.56. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director William H. Lyon sold 164,000 shares of the firm’s stock in a transaction on Friday, March 22nd. The stock was sold at an average price of $60.33, for a total value of $9,894,120.00. Following the completion of the transaction, the director now owns 43,570 shares in the company, valued at $2,628,578.10. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director William H. Lyon sold 46,668 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $58.16, for a total transaction of $2,714,210.88. Following the completion of the sale, the director now owns 2,577,316 shares in the company, valued at $149,896,698.56. The disclosure for this sale can be found here. Insiders sold 563,668 shares of company stock worth $33,974,291 in the last 90 days. 3.50% of the stock is currently owned by corporate insiders.

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.

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

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