CWM Advisors LLC Buys 2,200 Shares of Taylor Morrison Home Co. (NYSE:TMHC)

CWM Advisors LLC grew its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 17.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,848 shares of the construction company’s stock after purchasing an additional 2,200 shares during the period. CWM Advisors LLC’s holdings in Taylor Morrison Home were worth $457,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. TCI Wealth Advisors Inc. grew its position in shares of Taylor Morrison Home by 177.4% during the 1st quarter. TCI Wealth Advisors Inc. now owns 921 shares of the construction company’s stock worth $28,000 after purchasing an additional 589 shares in the last quarter. CENTRAL TRUST Co acquired a new position in shares of Taylor Morrison Home during the 1st quarter worth approximately $32,000. US Bancorp DE grew its position in shares of Taylor Morrison Home by 20.1% during the 4th quarter. US Bancorp DE now owns 4,214 shares of the construction company’s stock worth $108,000 after purchasing an additional 704 shares in the last quarter. Meeder Asset Management Inc. boosted its position in shares of Taylor Morrison Home by 640.4% during the 1st quarter. Meeder Asset Management Inc. now owns 3,539 shares of the construction company’s stock worth $109,000 after acquiring an additional 3,061 shares in the last quarter. Finally, JustInvest LLC acquired a new stake in shares of Taylor Morrison Home during the 4th quarter worth approximately $207,000. Hedge funds and other institutional investors own 92.49% of the company’s stock.

Shares of NYSE TMHC opened at $28.08 on Thursday. Taylor Morrison Home Co. has a twelve month low of $12.83 and a twelve month high of $33.06. The firm has a fifty day simple moving average of $31.45 and a 200 day simple moving average of $27.82. The company has a market capitalization of $3.62 billion, a PE ratio of 17.33 and a beta of 1.81. The company has a quick ratio of 0.99, a current ratio of 7.19 and a debt-to-equity ratio of 0.90.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings data on Thursday, April 29th. The construction company reported $0.75 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.01). Taylor Morrison Home had a net margin of 3.37% and a return on equity of 13.00%. As a group, equities analysts expect that Taylor Morrison Home Co. will post 3.11 earnings per share for the current fiscal year.

Several analysts recently issued reports on TMHC shares. Wolfe Research started coverage on shares of Taylor Morrison Home in a research report on Monday, March 22nd. They set a “peer perform” rating on the stock. Susquehanna Bancshares increased their price target on shares of Taylor Morrison Home from $37.00 to $43.00 and gave the stock a “positive” rating in a research report on Thursday, February 11th. B. Riley increased their price objective on shares of Taylor Morrison Home from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, February 11th. Susquehanna increased their price objective on shares of Taylor Morrison Home from $37.00 to $43.00 and gave the company a “positive” rating in a research note on Thursday, February 11th. Finally, Janney Montgomery Scott assumed coverage on shares of Taylor Morrison Home in a research note on Thursday, January 21st. They issued a “neutral” rating and a $30.00 price objective for the company. Five equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Taylor Morrison Home presently has a consensus rating of “Buy” and a consensus target price of $36.10.

In related news, CEO Sheryl Palmer sold 6,840 shares of the business’s stock in a transaction that occurred on Monday, March 29th. The shares were sold at an average price of $31.61, for a total transaction of $216,212.40. Following the completion of the transaction, the chief executive officer now owns 218,662 shares of the company’s stock, valued at $6,911,905.82. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director William H. Lyon sold 12,600 shares of the business’s stock in a transaction that occurred on Friday, March 26th. The stock was sold at an average price of $31.01, for a total transaction of $390,726.00. Following the completion of the transaction, the director now directly owns 196,570 shares of the company’s stock, valued at approximately $6,095,635.70. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,240,347 shares of company stock valued at $39,410,054. 1.90% of the stock is owned by corporate insiders.

About Taylor Morrison Home

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 also develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties; offers title insurance and closing settlement services, as well as financial services.

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Institutional Ownership by Quarter for Taylor Morrison Home (NYSE:TMHC)

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