Taylor Morrison Home Co. (NYSE:TMHC) Shares Purchased by Tectonic Advisors LLC

Tectonic Advisors LLC raised its stake in Taylor Morrison Home Co. (NYSE:TMHC) by 6.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 25,176 shares of the construction company’s stock after buying an additional 1,601 shares during the quarter. Tectonic Advisors LLC’s holdings in Taylor Morrison Home were worth $1,541,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. V Square Quantitative Management LLC purchased a new stake in shares of Taylor Morrison Home during the third quarter worth approximately $29,000. Harbor Capital Advisors Inc. purchased a new position in Taylor Morrison Home in the third quarter worth $34,000. UMB Bank n.a. raised its position in Taylor Morrison Home by 263.9% in the third quarter. UMB Bank n.a. now owns 535 shares of the construction company’s stock worth $38,000 after acquiring an additional 388 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased 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 buying an additional 243 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Taylor Morrison Home during the 4th quarter worth about $61,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the company. StockNews.com lowered Taylor Morrison Home from a “buy” rating to a “hold” rating in a research note on Wednesday, January 8th. JPMorgan Chase & Co. cut their target price on Taylor Morrison Home from $101.00 to $90.00 and set an “overweight” rating on the stock in a research report on Friday, December 13th. Wedbush raised Taylor Morrison Home from a “neutral” rating to an “outperform” rating and upped their price target for the company from $65.00 to $85.00 in a research report on Friday, October 25th. Royal Bank of Canada increased their price target on Taylor Morrison Home from $74.00 to $77.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, BTIG Research raised their target price on Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $84.00.

Taylor Morrison Home Stock Performance

Shares of Taylor Morrison Home stock opened at $64.19 on Wednesday. Taylor Morrison Home Co. has a one year low of $51.18 and a one year high of $75.49. The firm has a market cap of $6.64 billion, a price-to-earnings ratio of 8.49 and a beta of 2.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.24 and a quick ratio of 0.69. The stock’s 50-day moving average is $65.00 and its 200-day moving average is $66.50.

Insider Buying and Selling at Taylor Morrison Home

In other Taylor Morrison Home news, Director William H. Lyon sold 24,284 shares of the firm’s stock in a transaction 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 sale, the director now owns 2,045,316 shares of the company’s stock, valued at approximately $152,294,229.36. This trade represents a 1.17 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 3.50% of the company’s stock.

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.