Deutsche Bank AG Purchases 36,142 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

Deutsche Bank AG raised its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 25.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,023 shares of the construction company's stock after acquiring an additional 36,142 shares during the period. Deutsche Bank AG owned approximately 0.17% of Taylor Morrison Home worth $11,019,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Cornerstone Select Advisors LLC bought a new stake in Taylor Morrison Home during the 4th quarter valued at $1,470,000. Crestline Management LP purchased a new stake in shares of Taylor Morrison Home during the fourth quarter valued at $5,332,000. Cubist Systematic Strategies LLC acquired a new position in Taylor Morrison Home during the fourth quarter valued at $14,736,000. Cetera Investment Advisers raised its position in Taylor Morrison Home by 9.9% during the fourth quarter. Cetera Investment Advisers now owns 30,198 shares of the construction company's stock valued at $1,848,000 after buying an additional 2,711 shares during the period. Finally, Centiva Capital LP increased its position in Taylor Morrison Home by 79.4% in the 4th quarter. Centiva Capital LP now owns 5,273 shares of the construction company's stock worth $323,000 after purchasing an additional 2,334 shares during the last quarter. Institutional investors own 95.16% of the company's stock.

Insider Buying and Selling at Taylor Morrison Home

In related 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director David C. Merritt sold 2,402 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were 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. Company insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. JPMorgan Chase & Co. dropped their target price on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday, February 18th. BTIG Research set a $75.00 price objective on shares of Taylor Morrison Home and gave the stock a "buy" rating in a report on Wednesday, April 16th. Bank of America began coverage on shares of Taylor Morrison Home in a research report on Monday, May 5th. They set a "buy" rating and a $70.00 target price on the stock. Barclays set a $69.00 price target on Taylor Morrison Home and gave the stock an "overweight" rating in a research report on Thursday, April 24th. Finally, Wedbush restated an "outperform" rating and issued a $85.00 target price on shares of Taylor Morrison Home in a report on Wednesday, April 23rd. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, Taylor Morrison Home currently has a consensus rating of "Moderate Buy" and a consensus target price of $76.88.

Taylor Morrison Home Stock Performance

Taylor Morrison Home stock traded down $0.58 during trading hours on Tuesday, hitting $58.75. The stock had a trading volume of 825,142 shares, compared to its average volume of 909,884. The company has a 50-day moving average of $58.31 and a two-hundred day moving average of $62.80. The company has a quick ratio of 0.94, a current ratio of 6.39 and a debt-to-equity ratio of 0.36. The company has a market cap of $5.90 billion, a PE ratio of 7.10 and a beta of 1.68. Taylor Morrison Home Co. has a fifty-two week low of $51.90 and a fifty-two week high of $75.49.

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

About Taylor Morrison Home

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.