Fuller & Thaler Asset Management Inc. Trims Stock Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Fuller & Thaler Asset Management Inc. trimmed its position in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,675,972 shares of the construction company's stock after selling 20,391 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 2.59% of Taylor Morrison Home worth $163,796,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in TMHC. CIBC Asset Management Inc increased its position in shares of Taylor Morrison Home by 5.5% during the 4th quarter. CIBC Asset Management Inc now owns 3,302 shares of the construction company's stock valued at $202,000 after purchasing an additional 173 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Taylor Morrison Home by 1.2% during the 4th quarter. Pacer Advisors Inc. now owns 15,428 shares of the construction company's stock valued at $944,000 after acquiring an additional 180 shares during the period. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Taylor Morrison Home by 43.2% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company's stock worth $49,000 after purchasing an additional 243 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings 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 worth $51,000 after purchasing an additional 243 shares during the period. Finally, Savant Capital LLC lifted its stake 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 purchasing an additional 251 shares during the last quarter. 95.16% of the stock is owned by institutional investors.

Taylor Morrison Home Price Performance

Shares of NYSE TMHC traded down $0.84 during mid-day trading on Monday, reaching $56.79. 264,715 shares of the company were exchanged, compared to its average volume of 904,105. The stock has a market capitalization of $5.78 billion, a PE ratio of 6.86 and a beta of 1.76. 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 52 week low of $51.90 and a 52 week high of $75.49. The company's 50 day moving average price is $59.14 and its 200 day moving average price is $63.91.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 23rd. The construction company reported $2.18 EPS 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 firm had revenue of $1.90 billion for the quarter, compared to analyst estimates of $1.81 billion. During the same period in the prior year, the company earned $1.75 EPS. The company's revenue was up 11.5% on a year-over-year basis. Sell-side analysts forecast that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

Insider Activity at Taylor Morrison Home

In other news, 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 transaction of $153,679.96. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Joseph Terracciano sold 1,537 shares of the firm'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 disclosure for this sale can be found here. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Wedbush reiterated an "outperform" rating and set a $85.00 target price on shares of Taylor Morrison Home in a research report on Wednesday, April 23rd. Barclays set a $69.00 target price on shares of Taylor Morrison Home and gave the company an "overweight" rating in a report on Thursday. BTIG Research set a $75.00 price target on Taylor Morrison Home and gave the stock a "buy" rating in a report on Wednesday, April 16th. Wolfe Research upgraded Taylor Morrison Home from a "peer perform" rating to an "outperform" rating and set a $76.00 price objective on the stock in a research note on Wednesday, January 8th. Finally, Royal Bank of Canada increased their price target on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the stock an "outperform" rating in a report on Thursday, February 13th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Taylor Morrison Home currently has an average rating of "Moderate Buy" and an average price target of $77.86.

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.