Stifel Financial Corp Has $3.57 Million Stock Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Stifel Financial Corp boosted its position in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 8.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 58,238 shares of the construction company's stock after acquiring an additional 4,676 shares during the quarter. Stifel Financial Corp owned 0.06% of Taylor Morrison Home worth $3,565,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TMHC. Principal Financial Group Inc. increased its holdings in shares of Taylor Morrison Home by 3.5% in the third quarter. Principal Financial Group Inc. now owns 2,051,580 shares of the construction company's stock valued at $144,144,000 after purchasing an additional 69,222 shares during the last quarter. Norges Bank acquired a new position in Taylor Morrison Home in the 4th quarter valued at about $93,810,000. Arrowstreet Capital Limited Partnership raised its holdings in Taylor Morrison Home by 1.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,369,832 shares of the construction company's stock valued at $83,847,000 after acquiring an additional 20,908 shares during the period. Fisher Asset Management LLC lifted its position in Taylor Morrison Home by 9.0% during the fourth quarter. Fisher Asset Management LLC now owns 1,255,266 shares of the construction company's stock worth $76,835,000 after acquiring an additional 103,289 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Taylor Morrison Home by 24.0% during the fourth 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. Institutional investors and hedge funds own 95.16% of the company's stock.

Taylor Morrison Home Price Performance

NYSE:TMHC traded down $1.10 during mid-day trading on Tuesday, reaching $57.84. The stock had a trading volume of 229,825 shares, compared to its average volume of 1,057,762. The stock has a 50-day simple moving average of $58.64 and a two-hundred day simple moving average of $63.43. 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 12 month low of $51.90 and a 12 month high of $75.49. The stock has a market capitalization of $5.81 billion, a PE ratio of 6.99 and a beta of 1.68.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last posted 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 company had revenue of $1.90 billion during 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%. Taylor Morrison Home's revenue was up 11.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.75 EPS. On average, equities analysts anticipate that Taylor Morrison Home Co. will post 8.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. BTIG Research set a $75.00 target price on Taylor Morrison Home and gave the stock a "buy" rating in a research note on Wednesday, April 16th. Wedbush reiterated an "outperform" rating and set a $85.00 price objective on shares of Taylor Morrison Home in a research report on Wednesday, April 23rd. StockNews.com cut shares of Taylor Morrison Home from a "buy" rating to a "hold" rating in a research report on Wednesday, January 8th. Royal Bank of Canada upped their price target on shares of Taylor Morrison Home from $72.00 to $74.00 and gave the company an "outperform" rating in a research note on Thursday, February 13th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating for the company in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, Taylor Morrison Home has a consensus rating of "Moderate Buy" and an average price target of $76.88.

Insider Transactions at Taylor Morrison Home

In other 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David C. Merritt sold 2,402 shares of the firm's stock in a transaction on 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. Company insiders own 1.40% of the company's stock.

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.