Taylor Morrison Home Co. (NYSE:TMHC) Shares Acquired by Hantz Financial Services Inc.

Hantz Financial Services Inc. increased its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHCFree Report) by 89.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,362 shares of the construction company’s stock after acquiring an additional 4,905 shares during the period. Hantz Financial Services Inc.’s holdings in Taylor Morrison Home were worth $634,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning increased its position in shares of Taylor Morrison Home by 21.1% in the second quarter. Creative Planning now owns 20,315 shares of the construction company’s stock valued at $1,126,000 after buying an additional 3,533 shares in the last quarter. Cetera Investment Advisers raised its position in Taylor Morrison Home by 38.6% during the second quarter. Cetera Investment Advisers now owns 25,446 shares of the construction company’s stock worth $1,411,000 after acquiring an additional 7,086 shares during the period. Sanctuary Advisors LLC purchased a new position in Taylor Morrison Home during the second quarter valued at $766,000. SG Americas Securities LLC grew its position in shares of Taylor Morrison Home by 121.6% in the third quarter. SG Americas Securities LLC now owns 5,327 shares of the construction company’s stock valued at $374,000 after purchasing an additional 2,923 shares during the period. Finally, Park Avenue Securities LLC increased its stake in shares of Taylor Morrison Home by 17.8% during the third quarter. Park Avenue Securities LLC now owns 6,163 shares of the construction company’s stock worth $433,000 after purchasing an additional 932 shares in the last quarter. Hedge funds and other institutional investors own 95.16% of the company’s stock.

Insider Transactions at Taylor Morrison Home

In related news, Director William H. Lyon sold 24,284 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $74.46, for a total value of $1,808,186.64. Following the sale, the director now directly owns 2,045,316 shares in the company, valued at approximately $152,294,229.36. The trade was a 1.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.50% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TMHC shares. Raymond James reiterated an “outperform” rating and issued a $84.00 price objective (up from $81.00) on shares of Taylor Morrison Home in a report on Tuesday, October 29th. BTIG Research lifted their price target on Taylor Morrison Home from $78.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada increased their price objective on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Seaport Res Ptn lowered shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a report on Monday, January 27th. Finally, Barclays raised shares of Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $75.00 to $90.00 in a research note on Wednesday, December 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, Taylor Morrison Home presently has a consensus rating of “Moderate Buy” and an average price target of $84.00.

View Our Latest Research Report on Taylor Morrison Home

Taylor Morrison Home Price Performance

Taylor Morrison Home stock opened at $64.38 on Friday. The company has a current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. The stock has a market cap of $6.66 billion, a P/E ratio of 8.52 and a beta of 2.01. The company has a 50-day moving average price of $65.38 and a 200 day moving average price of $66.46. Taylor Morrison Home Co. has a 12-month low of $51.18 and a 12-month high of $75.49.

Taylor Morrison Home Profile

(Free Report)

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.

See Also

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

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