Walleye Capital LLC Has $12.09 Million Stake in Taylor Morrison Home Co. (NYSE:TMHC)

Walleye Capital LLC lifted its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 138.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 197,574 shares of the construction company's stock after purchasing an additional 114,688 shares during the period. Walleye Capital LLC owned 0.19% of Taylor Morrison Home worth $12,094,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. V Square Quantitative Management LLC boosted its position in Taylor Morrison Home by 68.1% in the 4th quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company's stock valued at $42,000 after buying an additional 277 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Taylor Morrison Home by 43.2% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company's stock valued at $49,000 after acquiring an additional 243 shares during the last quarter. SRS Capital Advisors Inc. bought a new position in Taylor Morrison Home in the fourth quarter valued at about $51,000. Smartleaf Asset Management LLC increased its position 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 worth $51,000 after purchasing an additional 243 shares during the period. Finally, R Squared Ltd acquired a new position in Taylor Morrison Home during the 4th quarter valued at about $61,000. 95.16% of the stock is currently owned by institutional investors and hedge funds.

Taylor Morrison Home Trading Up 2.8 %

Shares of Taylor Morrison Home stock traded up $1.53 during trading hours on Friday, hitting $56.44. The company's stock had a trading volume of 1,008,345 shares, compared to its average volume of 890,618. Taylor Morrison Home Co. has a 12 month low of $51.90 and a 12 month 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. The company has a market capitalization of $5.74 billion, a PE ratio of 6.82 and a beta of 1.76. The stock has a 50 day moving average of $59.78 and a 200 day moving average of $64.26.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last announced its earnings results on Wednesday, February 12th. The construction company reported $2.64 EPS for the quarter, topping the consensus estimate of $2.40 by $0.24. Taylor Morrison Home had a net margin of 10.81% and a return on equity of 16.50%. Analysts predict that Taylor Morrison Home Co. will post 8.93 earnings per share for the current year.

Insider Activity at Taylor Morrison Home

In other Taylor Morrison Home news, Director David C. Merritt sold 2,402 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $63.98, for a total value of $153,679.96. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Joseph Terracciano sold 1,537 shares of the firm'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 disclosure for this sale can be found here. 3.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TMHC shares. Seaport Res Ptn upgraded shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a research report on Thursday, March 6th. Barclays lowered their target price on shares of Taylor Morrison Home from $90.00 to $70.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. BTIG Research set a $75.00 price target on Taylor Morrison Home and gave the company a "buy" rating in a research note on Wednesday. StockNews.com cut Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Finally, JPMorgan Chase & Co. cut their target price on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $78.00.

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.