Taylor Morrison Home Corporation (TMHC) Shares Bought by HAP Trading LLC

HAP Trading LLC lifted its position in Taylor Morrison Home Corporation (NYSE:TMHC) by 69.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,867 shares of the construction company’s stock after purchasing an additional 15,104 shares during the quarter. HAP Trading LLC owned about 0.05% of Taylor Morrison Home Corporation worth $813,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Prudential Financial Inc. raised its stake in shares of Taylor Morrison Home Corporation by 43.2% in the second quarter. Prudential Financial Inc. now owns 1,780,580 shares of the construction company’s stock worth $42,752,000 after purchasing an additional 537,590 shares during the last quarter. Airain ltd raised its stake in shares of Taylor Morrison Home Corporation by 158.8% in the second quarter. Airain ltd now owns 72,795 shares of the construction company’s stock worth $1,748,000 after purchasing an additional 44,668 shares during the last quarter. Marshall Wace North America L.P. raised its stake in shares of Taylor Morrison Home Corporation by 761.2% in the second quarter. Marshall Wace North America L.P. now owns 260,715 shares of the construction company’s stock worth $6,257,000 after purchasing an additional 230,440 shares during the last quarter. American Century Companies Inc. raised its stake in shares of Taylor Morrison Home Corporation by 2,001.8% in the second quarter. American Century Companies Inc. now owns 419,121 shares of the construction company’s stock worth $10,063,000 after purchasing an additional 399,180 shares during the last quarter. Finally, BlackRock Inc. raised its stake in shares of Taylor Morrison Home Corporation by 51.5% in the second quarter. BlackRock Inc. now owns 6,585,230 shares of the construction company’s stock worth $158,111,000 after purchasing an additional 2,239,679 shares during the last quarter. Hedge funds and other institutional investors own 59.08% of the company’s stock.

In related news, insider C. David Cone sold 35,000 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $23.79, for a total transaction of $832,650.00. Following the sale, the insider now directly owns 42,511 shares of the company’s stock, valued at $1,011,336.69. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.40% of the stock is owned by company insiders.

TMHC has been the subject of several research analyst reports. BidaskClub upgraded Taylor Morrison Home Corporation from a “strong sell” rating to a “sell” rating in a research note on Tuesday, September 12th. B. Riley restated a “neutral” rating on shares of Taylor Morrison Home Corporation in a research note on Thursday, November 2nd. ValuEngine cut Taylor Morrison Home Corporation from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered Taylor Morrison Home Corporation from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. Finally, Deutsche Bank AG raised their target price on Taylor Morrison Home Corporation from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, August 7th. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $24.00.

Taylor Morrison Home Corporation (NYSE:TMHC) traded up $0.12 during trading on Friday, reaching $23.15. The company had a trading volume of 1,890,200 shares, compared to its average volume of 1,149,941. The firm has a market capitalization of $2,753.40, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 1.04 and a beta of 1.49. Taylor Morrison Home Corporation has a 12-month low of $18.26 and a 12-month high of $24.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.81 and a current ratio of 6.85.

Taylor Morrison Home Corporation (NYSE:TMHC) last posted its earnings results on Wednesday, November 1st. The construction company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.41 by $0.04. The firm had revenue of $908.00 million for the quarter, compared to analyst estimates of $914.19 million. Taylor Morrison Home Corporation had a return on equity of 4.18% and a net margin of 2.41%. Taylor Morrison Home Corporation’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $0.49 earnings per share. sell-side analysts anticipate that Taylor Morrison Home Corporation will post 1.84 earnings per share for the current fiscal year.

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Taylor Morrison Home Corporation Company Profile

Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).

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

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