14,813 Shares in Taylor Morrison Home Corporation $TMHC Acquired by Hudson Edge Investment Partners Inc.

Hudson Edge Investment Partners Inc. purchased a new position in shares of Taylor Morrison Home Corporation (NYSE:TMHC) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 14,813 shares of the construction company’s stock, valued at approximately $872,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMHC. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Taylor Morrison Home by 5.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 299,888 shares of the construction company’s stock worth $18,005,000 after acquiring an additional 16,379 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Taylor Morrison Home by 30.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 899 shares of the construction company’s stock worth $55,000 after acquiring an additional 211 shares in the last quarter. M&T Bank Corp acquired a new position in Taylor Morrison Home during the 2nd quarter worth approximately $262,000. EverSource Wealth Advisors LLC lifted its position in Taylor Morrison Home by 406.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 897 shares of the construction company’s stock worth $55,000 after acquiring an additional 720 shares in the last quarter. Finally, Marshall Wace LLP lifted its position in Taylor Morrison Home by 12.0% during the 2nd quarter. Marshall Wace LLP now owns 8,029 shares of the construction company’s stock worth $493,000 after acquiring an additional 859 shares in the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

Taylor Morrison Home Trading Down 0.0%

NYSE:TMHC opened at $60.62 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.55 and a current ratio of 7.31. Taylor Morrison Home Corporation has a one year low of $54.58 and a one year high of $72.50. The business’s 50-day simple moving average is $61.66 and its 200 day simple moving average is $61.51. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 7.81, a price-to-earnings-growth ratio of 8.46 and a beta of 1.58.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TMHC shares. Zacks Research lowered Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Citizens Jmp began coverage on Taylor Morrison Home in a research report on Wednesday, January 7th. They set a “market outperform” rating and a $95.00 price target on the stock. Citigroup began coverage on Taylor Morrison Home in a research note on Wednesday, January 7th. They issued an “outperform” rating on the stock. Truist Financial cut their price target on Taylor Morrison Home from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Seaport Research Partners reiterated a “sell” rating and issued a $49.00 price target (down from $85.00) on shares of Taylor Morrison Home in a research note on Tuesday, April 7th. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Taylor Morrison Home has an average rating of “Moderate Buy” and a consensus price target of $77.67.

Taylor Morrison Home Profile

Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.

The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.