Taylor Morrison Home Co. (NYSE:TMHC) Shares Sold by Bruni J V & Co. Co.

Bruni J V & Co. Co. trimmed its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 889,837 shares of the construction company's stock after selling 16,040 shares during the period. Taylor Morrison Home makes up approximately 5.9% of Bruni J V & Co. Co.'s investment portfolio, making the stock its 4th largest holding. Bruni J V & Co. Co. owned 0.83% of Taylor Morrison Home worth $47,473,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. IFP Advisors Inc grew its holdings in Taylor Morrison Home by 138.9% during the third quarter. IFP Advisors Inc now owns 614 shares of the construction company's stock worth $26,000 after acquiring an additional 357 shares during the period. Daiwa Securities Group Inc. bought a new position in shares of Taylor Morrison Home during the 4th quarter valued at about $48,000. Headlands Technologies LLC bought a new position in shares of Taylor Morrison Home during the 4th quarter valued at about $81,000. CWM LLC boosted its position in shares of Taylor Morrison Home by 17.2% during the 4th quarter. CWM LLC now owns 1,804 shares of the construction company's stock valued at $96,000 after purchasing an additional 265 shares in the last quarter. Finally, Neo Ivy Capital Management bought a new position in shares of Taylor Morrison Home during the 3rd quarter valued at about $108,000. 95.16% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Taylor Morrison Home

In other news, Director William H. Lyon sold 20,896 shares of the stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $56.01, for a total value of $1,170,384.96. Following the completion of the sale, the director now directly owns 2,837,020 shares of the company's stock, valued at $158,901,490.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director William H. Lyon sold 33,400 shares of the firm's stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $56.04, for a total transaction of $1,871,736.00. Following the transaction, the director now owns 71,570 shares of the company's stock, valued at $4,010,782.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director William H. Lyon sold 20,896 shares of the firm's stock in a transaction that occurred on Wednesday, February 14th. The shares were sold at an average price of $56.01, for a total transaction of $1,170,384.96. Following the transaction, the director now directly owns 2,837,020 shares in the company, valued at approximately $158,901,490.20. The disclosure for this sale can be found here. Insiders sold 613,537 shares of company stock valued at $36,409,767 over the last three months. 5.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TMHC has been the subject of several research reports. StockNews.com lowered shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Thursday, March 21st. Barclays raised their price objective on shares of Taylor Morrison Home from $55.00 to $60.00 and gave the company an "equal weight" rating in a research report on Thursday, February 15th. Royal Bank of Canada raised their price objective on shares of Taylor Morrison Home from $57.00 to $61.00 and gave the company an "outperform" rating in a research report on Thursday, February 15th. Zelman & Associates upgraded shares of Taylor Morrison Home from an "underperform" rating to a "neutral" rating in a report on Friday, April 12th. Finally, Seaport Res Ptn cut shares of Taylor Morrison Home from a "buy" rating to a "neutral" rating in a report on Monday, January 22nd. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $57.20.

Taylor Morrison Home Trading Up 2.3 %

Shares of TMHC traded up $1.28 during midday trading on Friday, hitting $57.56. The stock had a trading volume of 530,427 shares, compared to its average volume of 711,032. Taylor Morrison Home Co. has a fifty-two week low of $37.23 and a fifty-two week high of $62.64. The business has a 50-day simple moving average of $57.49 and a two-hundred day simple moving average of $51.43. The firm has a market cap of $6.13 billion, a P/E ratio of 8.25 and a beta of 1.87. The company has a current ratio of 6.00, a quick ratio of 1.13 and a debt-to-equity ratio of 0.38.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted its quarterly earnings results on Wednesday, February 14th. The construction company reported $2.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.82 by $0.23. The business had revenue of $2.02 billion during the quarter, compared to analyst estimates of $1.85 billion. Taylor Morrison Home had a net margin of 10.37% and a return on equity of 16.21%. The firm's revenue was down 19.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.93 earnings per share. As a group, equities analysts forecast that Taylor Morrison Home Co. will post 7.29 EPS for the current year.

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.