UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $17.35 Million Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 17.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 283,509 shares of the construction company's stock after buying an additional 42,984 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.27% of Taylor Morrison Home worth $17,354,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in TMHC. Morse Asset Management Inc purchased a new position in shares of Taylor Morrison Home in the 4th quarter worth $29,000. V Square Quantitative Management LLC increased its stake in Taylor Morrison Home by 68.1% during the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock worth $42,000 after acquiring an additional 277 shares during the last quarter. Quarry LP raised its holdings in shares of Taylor Morrison Home by 202.1% in the 4th quarter. Quarry LP now owns 704 shares of the construction company's stock worth $43,000 after purchasing an additional 471 shares during the period. SRS Capital Advisors Inc. purchased a new position in shares of Taylor Morrison Home in the 4th quarter worth about $51,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Taylor Morrison Home by 41.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock valued at $51,000 after purchasing an additional 243 shares in the last quarter. 95.16% of the stock is owned by institutional investors and hedge funds.

Taylor Morrison Home Stock Down 0.8%

Taylor Morrison Home stock traded down $0.45 during trading hours on Monday, hitting $55.83. The company had a trading volume of 762,272 shares, compared to its average volume of 927,474. The firm's fifty day moving average is $57.72 and its 200-day moving average is $61.81. The firm has a market capitalization of $5.60 billion, a P/E ratio of 6.74 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. 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 (NYSE:TMHC - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The construction company reported $2.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.33. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Taylor Morrison Home had a return on equity of 16.50% and a net margin of 10.81%. The firm's revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.75 EPS. On average, research analysts forecast that Taylor Morrison Home Co. will post 8.93 earnings per share for the current year.

Insider Transactions at Taylor Morrison Home

In related news, CAO Joseph Terracciano sold 1,537 shares of the company's stock in a transaction on Tuesday, March 11th. The shares were 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 can be accessed through this hyperlink. 1.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Bank of America started coverage on Taylor Morrison Home in a research note on Monday, May 5th. They set a "buy" rating and a $70.00 price objective on the stock. Royal Bank of Canada upped their price target on Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Wedbush reaffirmed an "outperform" rating and issued a $85.00 price objective on shares of Taylor Morrison Home in a research report on Wednesday, April 23rd. Seaport Res Ptn raised shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. Finally, BTIG Research set a $75.00 price target on shares of Taylor Morrison Home and gave the company a "buy" rating in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, Taylor Morrison Home currently has an average rating of "Moderate Buy" and a consensus price target of $76.88.

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.