31,539 Shares in Taylor Morrison Home Co. (NYSE:TMHC) Purchased by Capital Fund Management S.A.

Capital Fund Management S.A. bought a new stake in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 31,539 shares of the construction company's stock, valued at approximately $1,931,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Lord Abbett & CO. LLC lifted its stake in Taylor Morrison Home by 2.5% in the 3rd quarter. Lord Abbett & CO. LLC now owns 463,287 shares of the construction company's stock valued at $32,550,000 after purchasing an additional 11,302 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of Taylor Morrison Home by 3.5% during the 3rd quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company's stock valued at $144,144,000 after acquiring an additional 69,222 shares in the last quarter. Sheets Smith Wealth Management bought a new stake in Taylor Morrison Home during the 4th quarter worth $550,000. JPMorgan Chase & Co. increased its holdings in Taylor Morrison Home by 24.0% in the 4th quarter. JPMorgan Chase & Co. now owns 811,253 shares of the construction company's stock worth $49,657,000 after purchasing an additional 156,793 shares in the last quarter. Finally, Financial Enhancement Group LLC bought a new position in Taylor Morrison Home in the fourth quarter valued at about $5,840,000. Institutional investors own 95.16% of the company's stock.

Insiders Place Their Bets

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 1,537 shares of the firm's stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total transaction of $93,372.75. The sale 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 company's stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total transaction of $153,679.96. The disclosure for this sale can be found here. Corporate insiders own 3.50% of the company's stock.

Taylor Morrison Home Stock Up 2.8 %

Shares of NYSE TMHC traded up $1.53 during trading on Friday, hitting $56.44. 1,008,345 shares of the company traded hands, compared to its average volume of 890,618. Taylor Morrison Home Co. has a fifty-two week low of $51.90 and a fifty-two week high of $75.49. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 6.82 and a beta of 1.76. The business's fifty day moving average is $59.78 and its 200 day moving average is $64.26. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last released its quarterly earnings data on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, beating the consensus estimate of $2.40 by $0.24. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. Equities research analysts predict that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on TMHC shares. JPMorgan Chase & Co. dropped their price objective on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 6th. StockNews.com downgraded Taylor Morrison Home from a "buy" rating to a "hold" rating in a report on Wednesday, January 8th. Royal Bank of Canada raised their price objective on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Finally, Wolfe Research raised shares of Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 target price for the company in a research report on Wednesday, January 8th. Two equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $78.00.

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.