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

Hantz Financial Services Inc. lifted its position in Taylor Morrison Home Co. (NYSE:TMHC) by 89.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,362 shares of the construction company’s stock after buying an additional 4,905 shares during the quarter. Hantz Financial Services Inc.’s holdings in Taylor Morrison Home were worth $634,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TMHC. Assenagon Asset Management S.A. increased its stake in Taylor Morrison Home by 271.0% during the third quarter. Assenagon Asset Management S.A. now owns 896,032 shares of the construction company’s stock worth $62,955,000 after purchasing an additional 654,541 shares during the period. Vision Capital Corp acquired a new position in shares of Taylor Morrison Home in the third quarter valued at approximately $38,173,000. Charles Schwab Investment Management Inc. increased its stake in Taylor Morrison Home by 26.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,362,020 shares of the construction company’s stock worth $95,696,000 after buying an additional 282,227 shares during the period. Barclays PLC lifted its holdings in Taylor Morrison Home by 66.4% during the 3rd quarter. Barclays PLC now owns 420,419 shares of the construction company’s stock worth $29,539,000 after buying an additional 167,735 shares in the last quarter. Finally, World Investment Advisors LLC purchased a new position in Taylor Morrison Home in the 3rd quarter valued at approximately $10,291,000. Institutional investors and hedge funds own 95.16% of the company’s stock.

Taylor Morrison Home Stock Down 3.3 %

TMHC stock opened at $64.38 on Friday. 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 current ratio of 6.24, a quick ratio of 0.69 and a debt-to-equity ratio of 0.37. Taylor Morrison Home Co. has a twelve month low of $51.18 and a twelve month high of $75.49. The company’s 50 day moving average is $65.38 and its two-hundred day moving average is $66.46.

Analyst Ratings Changes

Several analysts have recently issued reports on TMHC shares. BTIG Research increased their price objective on Taylor Morrison Home from $78.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada increased their price target on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seaport Res Ptn downgraded Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Monday, January 27th. Wedbush raised shares of Taylor Morrison Home from a “neutral” rating to an “outperform” rating and raised their target price for the company from $65.00 to $85.00 in a report on Friday, October 25th. Finally, Barclays upgraded shares of Taylor Morrison Home from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $75.00 to $90.00 in a report on Wednesday, December 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, Taylor Morrison Home currently has an average rating of “Moderate Buy” and an average target price of $84.00.

Insider Activity at Taylor Morrison Home

In related news, Director William H. Lyon sold 24,284 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $74.46, for a total transaction of $1,808,186.64. Following the transaction, the director now owns 2,045,316 shares in the company, valued at $152,294,229.36. This trade represents a 1.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 3.50% of the company’s stock.

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.