Vise Technologies Inc. Takes Position in Taylor Morrison Home Co. (NYSE:TMHC)

Vise Technologies Inc. acquired a new position in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,065 shares of the construction company's stock, valued at approximately $310,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMHC. CIBC Asset Management Inc raised its stake in Taylor Morrison Home by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 3,302 shares of the construction company's stock worth $202,000 after acquiring an additional 173 shares in the last quarter. Pacer Advisors Inc. grew its holdings in shares of Taylor Morrison Home by 1.2% during the fourth quarter. Pacer Advisors Inc. now owns 15,428 shares of the construction company's stock worth $944,000 after purchasing an additional 180 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Taylor Morrison Home by 41.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 830 shares of the construction company's stock valued at $51,000 after acquiring an additional 243 shares during the last quarter. Savant Capital LLC boosted its holdings in Taylor Morrison Home by 5.3% in the fourth quarter. Savant Capital LLC now owns 5,012 shares of the construction company's stock valued at $307,000 after acquiring an additional 251 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in Taylor Morrison Home by 68.1% in the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock valued at $42,000 after acquiring an additional 277 shares during the last quarter. 95.16% of the stock is owned by institutional investors.

Taylor Morrison Home Price Performance

NYSE:TMHC traded down $0.56 during mid-day trading on Friday, reaching $56.31. The stock had a trading volume of 1,182,294 shares, compared to its average volume of 928,143. The firm has a 50 day moving average price of $57.83 and a two-hundred day moving average price of $61.90. The stock has a market capitalization of $5.65 billion, a P/E ratio of 6.80 and a beta of 1.68. Taylor Morrison Home Co. has a one year low of $51.90 and a one year high of $75.49. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.94 and a current ratio of 6.39.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The construction company reported $2.18 EPS for the quarter, topping analysts' consensus estimates of $1.85 by $0.33. The business had revenue of $1.90 billion for 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 business's quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.75 EPS. As a group, analysts expect that Taylor Morrison Home Co. will post 8.93 earnings per share for the current year.

Insider Activity

In other news, CAO Joseph Terracciano sold 1,537 shares of the business's stock in a transaction that occurred 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 SEC, which is available through the SEC website. Insiders own 1.40% of the company's stock.

Analyst Ratings Changes

TMHC has been the topic of a number of research analyst reports. Wedbush restated an "outperform" rating and set a $85.00 price target on shares of Taylor Morrison Home in a report on Wednesday, April 23rd. Wall Street Zen lowered Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Sunday. Seaport Res Ptn raised Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. BTIG Research set a $75.00 price target on Taylor Morrison Home and gave the company a "buy" rating in a research report on Wednesday, April 16th. Finally, Royal Bank of Canada increased their price target on Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $76.88.

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.