GTS Securities LLC Invests $277,000 in Taylor Morrison Home Co. (NYSE:TMHC)

GTS Securities LLC purchased a new position in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,522 shares of the construction company's stock, valued at approximately $277,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Morse Asset Management Inc bought a new stake in Taylor Morrison Home during the 4th quarter valued at approximately $29,000. V Square Quantitative Management LLC grew its holdings in 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 valued at $42,000 after buying an additional 277 shares in the last quarter. Quarry LP raised its position in shares of Taylor Morrison Home by 202.1% during the fourth quarter. Quarry LP now owns 704 shares of the construction company's stock valued at $43,000 after buying an additional 471 shares during the last quarter. SRS Capital Advisors Inc. purchased a new position in shares of Taylor Morrison Home in the fourth quarter worth $51,000. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Taylor Morrison Home by 41.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock worth $51,000 after buying an additional 243 shares in the last quarter. 95.16% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Taylor Morrison Home

In other Taylor Morrison Home news, CAO Joseph Terracciano sold 1,537 shares of the company'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 document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Wedbush reaffirmed an "outperform" rating and set a $85.00 target price on shares of Taylor Morrison Home in a research note on Wednesday, April 23rd. Wall Street Zen cut shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Sunday. BTIG Research set a $75.00 target price on Taylor Morrison Home and gave the stock a "buy" rating in a report on Wednesday, April 16th. JPMorgan Chase & Co. dropped their price target on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a research note on Tuesday, February 18th. Finally, Royal Bank of Canada increased their price objective on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a research report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Taylor Morrison Home presently has an average rating of "Moderate Buy" and a consensus price target of $76.88.

Taylor Morrison Home Trading Up 1.3%

TMHC traded up $0.75 on Tuesday, reaching $56.60. 600,794 shares of the company traded hands, compared to its average volume of 927,677. The company has a market cap of $5.68 billion, a P/E ratio of 6.84 and a beta of 1.68. The company has a quick ratio of 0.94, a current ratio of 6.39 and a debt-to-equity ratio of 0.36. Taylor Morrison Home Co. has a one year low of $51.90 and a one year high of $75.49. The firm has a fifty day simple moving average of $57.63 and a two-hundred day simple moving average of $61.77.

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

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.