Taylor Morrison Home Corporation $TMHC Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC raised its holdings in shares of Taylor Morrison Home Corporation (NYSE:TMHC) by 521.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,590 shares of the construction company’s stock after buying an additional 18,116 shares during the period. SG Americas Securities LLC’s holdings in Taylor Morrison Home were worth $1,271,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Partners LLC acquired a new position in Taylor Morrison Home during the third quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in Taylor Morrison Home during the third quarter valued at approximately $27,000. Pinnacle Holdings LLC acquired a new position in Taylor Morrison Home during the third quarter valued at approximately $32,000. Huntington National Bank lifted its position in Taylor Morrison Home by 2,074.1% during the third quarter. Huntington National Bank now owns 587 shares of the construction company’s stock valued at $39,000 after buying an additional 560 shares in the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new position in Taylor Morrison Home during the third quarter valued at approximately $49,000. 95.16% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMHC has been the topic of a number of recent research reports. Zacks Research cut shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Citizens Jmp started coverage on shares of Taylor Morrison Home in a research report on Wednesday, January 7th. They set a “market outperform” rating and a $95.00 target price on the stock. Citigroup started coverage on shares of Taylor Morrison Home in a research report on Wednesday, January 7th. They set an “outperform” rating on the stock. Seaport Research Partners reissued a “sell” rating and set a $49.00 target price (down from $85.00) on shares of Taylor Morrison Home in a research report on Tuesday. Finally, Truist Financial started coverage on shares of Taylor Morrison Home in a research report on Tuesday, March 3rd. They set a “buy” rating and a $85.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $78.29.

Taylor Morrison Home Trading Down 4.6%

NYSE TMHC opened at $55.90 on Wednesday. The company’s fifty day simple moving average is $62.26 and its 200-day simple moving average is $61.90. Taylor Morrison Home Corporation has a 52 week low of $51.90 and a 52 week high of $72.50. The company has a current ratio of 7.31, a quick ratio of 1.55 and a debt-to-equity ratio of 0.36. The stock has a market cap of $5.38 billion, a P/E ratio of 7.20, a PEG ratio of 7.97 and a beta of 1.58.

Taylor Morrison Home Company Profile

Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.

The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.