Taylor Morrison Home Co. (NYSE:TMHC) is Bruni J V & Co. Co.’s 6th Largest Position

Bruni J V & Co. Co. trimmed its holdings in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 5.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 816,652 shares of the construction company’s stock after selling 46,295 shares during the period. Taylor Morrison Home makes up approximately 5.7% of Bruni J V & Co. Co.’s holdings, making the stock its 6th largest position. Bruni J V & Co. Co. owned approximately 0.79% of Taylor Morrison Home worth $49,987,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TMHC. Harbor Capital Advisors Inc. bought a new stake in shares of Taylor Morrison Home during the third quarter valued at approximately $34,000. V Square Quantitative Management LLC increased its position in shares of Taylor Morrison Home by 68.1% during the fourth quarter. V Square Quantitative Management LLC now owns 684 shares of the construction company’s stock valued at $42,000 after acquiring an additional 277 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Taylor Morrison Home by 43.2% during 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 in the last quarter. Peterson Financial Group Inc. bought a new stake in shares of Taylor Morrison Home during the third quarter valued at approximately $62,000. Finally, R Squared Ltd bought a new stake in shares of Taylor Morrison Home during the fourth quarter valued at approximately $61,000. 95.16% of the stock is currently owned by hedge funds and other institutional investors.

Taylor Morrison Home Trading Up 0.7 %

Shares of Taylor Morrison Home stock opened at $61.59 on Friday. The company’s fifty day simple moving average is $62.95 and its 200-day simple moving average is $66.30. The stock has a market capitalization of $6.37 billion, a PE ratio of 7.44 and a beta of 2.03. Taylor Morrison Home Co. has a 1-year low of $53.17 and a 1-year 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.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings results on Wednesday, February 12th. The construction company reported $2.64 earnings per share 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%. As a group, equities analysts anticipate that Taylor Morrison Home Co. will post 8.93 earnings per share for the current year.

Insider Activity at Taylor Morrison Home

In related news, Director David C. Merritt sold 2,402 shares of Taylor Morrison Home stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $63.98, for a total transaction of $153,679.96. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 3.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TMHC shares. StockNews.com downgraded shares of Taylor Morrison Home from a “buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Seaport Res Ptn downgraded shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Monday, January 27th. JPMorgan Chase & Co. cut their target price on shares of Taylor Morrison Home from $90.00 to $82.00 and set an “overweight” rating for the company in a research report on Tuesday, February 18th. Wolfe Research raised shares of Taylor Morrison Home from a “peer perform” rating to an “outperform” rating and set a $76.00 target price for the company in a research report on Wednesday, January 8th. Finally, Barclays raised shares of Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $75.00 to $90.00 in a research report on Wednesday, December 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, Taylor Morrison Home currently has an average rating of “Moderate Buy” and an average price target of $82.43.

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.