KTF Investments LLC Acquires Shares of 93,490 Taylor Morrison Home Corporation $TMHC

Key Points

• KTF Investments LLC bought a new stake of 93,490 shares in Taylor Morrison (approximately $5.50 million), representing about 0.10% of the company and roughly 0.9% of KTF’s holdings (its 27th-largest position).
• Taylor Morrison beat quarterly EPS estimates ($1.12 vs. $0.82) and reported revenue of $1.39 billion (vs. $1.33B est.), though revenue was down 26.8% year‑over‑year.
• The stock has a consensus rating of "Moderate Buy" with an average analyst target of $77.43, and institutional investors hold about 95.16% of the company’s shares.

KTF Investments LLC acquired a new stake in Taylor Morrison Home Corporation (NYSE:TMHC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 93,490 shares of the construction company's stock, valued at approximately $5,504,000. Taylor Morrison Home makes up approximately 0.9% of KTF Investments LLC's holdings, making the stock its 27th largest position. KTF Investments LLC owned about 0.10% of Taylor Morrison Home at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in Taylor Morrison Home in the third quarter valued at $26,000. Root Financial Partners LLC purchased a new position in Taylor Morrison Home in the third quarter valued at $27,000. Pinnacle Holdings LLC purchased a new position in Taylor Morrison Home in the third quarter valued at $32,000. Huntington National Bank increased its holdings in Taylor Morrison Home by 2,074.1% in the third quarter. Huntington National Bank now owns 587 shares of the construction company's stock valued at $39,000 after buying an additional 560 shares in the last quarter. Finally, V Square Quantitative Management LLC purchased a new position in Taylor Morrison Home in the fourth quarter valued at $40,000. Hedge funds and other institutional investors own 95.16% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Truist Financial cut their price objective on shares of Taylor Morrison Home from $85.00 to $80.00 and set a "buy" rating for the company in a report on Thursday, April 16th. Royal Bank Of Canada lifted their price objective on shares of Taylor Morrison Home from $68.00 to $69.00 and gave the company an "outperform" rating in a report on Thursday. Seaport Research Partners reaffirmed a "sell" rating and issued a $49.00 price objective (down from $85.00) on shares of Taylor Morrison Home in a report on Tuesday, April 7th. Citizens Jmp began coverage on shares of Taylor Morrison Home in a report on Wednesday, January 7th. They issued a "market outperform" rating and a $95.00 price objective for the company. Finally, Citigroup began coverage on shares of Taylor Morrison Home in a research report on Wednesday, January 7th. They issued an "outperform" rating on the stock. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $77.43.

Taylor Morrison Home Stock Down 0.4%

Shares of NYSE TMHC opened at $63.01 on Tuesday. The company's 50-day simple moving average is $61.24 and its 200-day simple moving average is $61.44. Taylor Morrison Home Corporation has a 52-week low of $54.58 and a 52-week high of $72.50. The firm has a market cap of $6.07 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 1.56 and a beta of 1.58. The company has a quick ratio of 1.45, a current ratio of 7.66 and a debt-to-equity ratio of 0.37.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its earnings results on Wednesday, April 22nd. The construction company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.30. Taylor Morrison Home had a net margin of 8.77% and a return on equity of 11.48%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.33 billion. During the same quarter last year, the business earned $2.07 earnings per share. The company's revenue for the quarter was down 26.8% compared to the same quarter last year. Equities analysts predict that Taylor Morrison Home Corporation will post 4.99 EPS for the current fiscal year.

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.

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