iSAM Funds UK Ltd Acquires 10,991 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

iSAM Funds UK Ltd lifted its position in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 148.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,413 shares of the construction company's stock after purchasing an additional 10,991 shares during the period. Taylor Morrison Home accounts for approximately 0.8% of iSAM Funds UK Ltd's investment portfolio, making the stock its 21st biggest holding. iSAM Funds UK Ltd's holdings in Taylor Morrison Home were worth $1,127,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Sheets Smith Wealth Management bought a new position in Taylor Morrison Home during the 4th quarter worth $550,000. JPMorgan Chase & Co. increased its stake in Taylor Morrison Home by 24.0% during the 4th quarter. JPMorgan Chase & Co. now owns 811,253 shares of the construction company's stock worth $49,657,000 after acquiring an additional 156,793 shares during the period. Barclays PLC increased its stake in Taylor Morrison Home by 66.4% during the 3rd quarter. Barclays PLC now owns 420,419 shares of the construction company's stock worth $29,539,000 after acquiring an additional 167,735 shares during the period. Park Avenue Securities LLC increased its stake in Taylor Morrison Home by 25.1% during the 4th quarter. Park Avenue Securities LLC now owns 7,710 shares of the construction company's stock worth $472,000 after acquiring an additional 1,547 shares during the period. Finally, Counterpoint Mutual Funds LLC increased its stake in Taylor Morrison Home by 174.5% during the 4th quarter. Counterpoint Mutual Funds LLC now owns 10,825 shares of the construction company's stock worth $663,000 after acquiring an additional 6,881 shares during the period. Institutional investors own 95.16% of the company's stock.

Insider Activity 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 dated Tuesday, March 11th. The stock was sold at an average price of $60.75, for a total value of $93,372.75. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David C. Merritt sold 2,402 shares of the company's stock in a transaction dated 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. 1.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TMHC. Seaport Res Ptn upgraded Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. decreased their price target on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Wedbush reiterated an "outperform" rating and issued a $85.00 price target on shares of Taylor Morrison Home in a research note on Wednesday, April 23rd. Wall Street Zen upgraded Taylor Morrison Home from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, Royal Bank of Canada lifted their price target on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. One analyst has rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $76.88.

Taylor Morrison Home Price Performance

Shares of NYSE TMHC traded down $0.07 during mid-day trading on Friday, hitting $56.45. 642,227 shares of the stock traded hands, compared to its average volume of 924,232. The company has a debt-to-equity ratio of 0.36, a current ratio of 6.39 and a quick ratio of 0.94. Taylor Morrison Home Co. has a twelve month low of $51.90 and a twelve month high of $75.49. The company has a market cap of $5.67 billion, a PE ratio of 6.82 and a beta of 1.68. The firm has a 50 day simple moving average of $58.20 and a two-hundred day simple moving average of $62.48.

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

Taylor Morrison Home Company 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.