Gallagher Fiduciary Advisors LLC Purchases 843 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Gallagher Fiduciary Advisors LLC increased its holdings in Taylor Morrison Home Co. (NYSE:TMHC) by 15.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,254 shares of the construction company’s stock after acquiring an additional 843 shares during the period. Gallagher Fiduciary Advisors LLC’s holdings in Taylor Morrison Home were worth $383,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. V Square Quantitative Management LLC grew its stake in shares of Taylor Morrison Home by 68.1% during the 4th quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company’s stock worth $42,000 after acquiring an additional 277 shares during the period. Quarry LP increased its stake in shares of Taylor Morrison Home by 202.1% in the fourth quarter. Quarry LP now owns 704 shares of the construction company’s stock worth $43,000 after purchasing an additional 471 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Taylor Morrison Home by 43.2% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company’s stock valued at $49,000 after purchasing an additional 243 shares during the period. SRS Capital Advisors Inc. purchased a new stake in shares of Taylor Morrison Home during the 4th quarter valued at approximately $51,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Taylor Morrison Home by 41.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company’s stock worth $51,000 after buying an additional 243 shares during the period. 95.16% of the stock is owned by institutional investors.

Taylor Morrison Home Stock Up 2.5 %

TMHC opened at $58.89 on Friday. Taylor Morrison Home Co. has a 12 month low of $51.90 and a 12 month high of $75.49. The company has a current ratio of 6.39, a quick ratio of 0.94 and a debt-to-equity ratio of 0.36. The business’s 50-day moving average price is $58.71 and its 200-day moving average price is $63.61. The company has a market cap of $5.99 billion, a P/E ratio of 7.11 and a beta of 1.76.

Taylor Morrison Home (NYSE:TMHC) last announced its quarterly earnings data on Wednesday, April 23rd. The construction company reported $2.18 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.33. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. The firm had revenue of $1.90 billion during the quarter, compared to the consensus estimate of $1.81 billion. During the same quarter in the previous year, the company posted $1.75 earnings per share. The business’s revenue was up 11.5% on a year-over-year basis. On average, equities analysts expect that Taylor Morrison Home Co. will post 8.93 EPS for the current year.

Insider Buying and Selling at Taylor Morrison Home

In other news, CAO Joseph Terracciano sold 1,537 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total transaction of $93,372.75. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director David C. Merritt sold 2,402 shares of the firm’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total value of $153,679.96. The disclosure for this sale can be found here. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on TMHC shares. BTIG Research set a $75.00 target price on Taylor Morrison Home and gave the stock a “buy” rating in a research report on Wednesday, April 16th. Royal Bank of Canada raised their target price on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. Wolfe Research raised shares of Taylor Morrison Home from a “peer perform” rating to an “outperform” rating and set a $76.00 price target on the stock in a report on Wednesday, January 8th. Wedbush reaffirmed an “outperform” rating and set a $85.00 price objective on shares of Taylor Morrison Home in a research note on Wednesday, April 23rd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Taylor Morrison Home from $90.00 to $82.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Taylor Morrison Home currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.86.

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.