XTX Topco Ltd Sells 5,261 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

XTX Topco Ltd decreased its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC - Free Report) by 38.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,317 shares of the construction company's stock after selling 5,261 shares during the quarter. XTX Topco Ltd's holdings in Taylor Morrison Home were worth $509,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC lifted 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 worth $42,000 after buying an additional 277 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Taylor Morrison Home by 43.2% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 806 shares of the construction company's stock valued at $49,000 after purchasing an additional 243 shares in the last quarter. SRS Capital Advisors Inc. purchased a new position in Taylor Morrison Home in the 4th quarter worth $51,000. Smartleaf Asset Management LLC lifted its stake 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 last quarter. Finally, R Squared Ltd purchased a new stake in Taylor Morrison Home during the fourth quarter valued at about $61,000. 95.16% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Taylor Morrison Home

In related news, Director David C. Merritt sold 2,402 shares of the company'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 filing with the SEC, which is accessible through 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 shares were 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 currently owned by corporate insiders.

Taylor Morrison Home Trading Down 1.4 %

Shares of NYSE:TMHC traded down $0.79 on Friday, hitting $57.36. The company had a trading volume of 130,960 shares, compared to its average volume of 1,078,792. The firm's 50-day simple moving average is $59.25 and its two-hundred day simple moving average is $64.03. The firm has a market capitalization of $5.84 billion, a price-to-earnings ratio of 6.93 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 1 year low of $51.90 and a 1 year high of $75.49.

Taylor Morrison Home (NYSE:TMHC - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The construction company reported $2.18 EPS for the quarter, topping the consensus estimate of $1.85 by $0.33. Taylor Morrison Home had a net margin of 10.81% and a return on equity of 16.50%. The business had revenue of $1.90 billion during the quarter, compared to analyst estimates of $1.81 billion. Equities analysts anticipate that Taylor Morrison Home Co. will post 8.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. JPMorgan Chase & Co. decreased their price objective on Taylor Morrison Home from $90.00 to $82.00 and set an "overweight" rating on the stock in a report on Tuesday, February 18th. Wedbush reaffirmed an "outperform" rating and issued a $85.00 price target on shares of Taylor Morrison Home in a research note on Wednesday. StockNews.com lowered Taylor Morrison Home from a "buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Barclays set a $69.00 target price on shares of Taylor Morrison Home and gave the stock an "overweight" rating in a report on Thursday. Finally, Seaport Res Ptn upgraded shares of Taylor Morrison Home from a "strong sell" rating to a "hold" rating in a report on Thursday, March 6th. Two investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus 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.