Robeco Institutional Asset Management B.V. Decreases Stock Holdings in Taylor Morrison Home Co. (NYSE:TMHC)

Robeco Institutional Asset Management B.V. lowered its position in shares of Taylor Morrison Home Co. (NYSE:TMHC) by 35.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 63,780 shares of the construction company’s stock after selling 35,568 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.06% of Taylor Morrison Home worth $3,403,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SummerHaven Investment Management LLC raised its holdings in Taylor Morrison Home by 1.5% in the 4th quarter. SummerHaven Investment Management LLC now owns 14,383 shares of the construction company’s stock worth $767,000 after purchasing an additional 213 shares in the last quarter. Meritage Portfolio Management lifted its position in Taylor Morrison Home by 2.1% during the fourth quarter. Meritage Portfolio Management now owns 10,885 shares of the construction company’s stock valued at $581,000 after buying an additional 229 shares during the period. CWM LLC boosted its holdings in shares of Taylor Morrison Home by 17.2% during the 4th quarter. CWM LLC now owns 1,804 shares of the construction company’s stock valued at $96,000 after buying an additional 265 shares in the last quarter. Resonant Capital Advisors LLC grew its position in shares of Taylor Morrison Home by 3.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 8,135 shares of the construction company’s stock worth $434,000 after buying an additional 285 shares during the period. Finally, Tectonic Advisors LLC lifted its position in Taylor Morrison Home by 1.1% during the 4th quarter. Tectonic Advisors LLC now owns 27,533 shares of the construction company’s stock valued at $1,469,000 after acquiring an additional 296 shares during the period. Institutional investors own 95.16% of the company’s stock.

Taylor Morrison Home Trading Down 1.4 %

Shares of Taylor Morrison Home stock opened at $59.03 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 6.16 and a debt-to-equity ratio of 0.39. The firm has a market cap of $6.24 billion, a price-to-earnings ratio of 8.44 and a beta of 1.88. Taylor Morrison Home Co. has a twelve month low of $37.23 and a twelve month high of $62.64. The business has a 50-day moving average price of $58.22 and a 200-day moving average price of $53.71.

Taylor Morrison Home (NYSE:TMHC) last released its quarterly earnings results on Tuesday, April 30th. The construction company reported $1.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.18. Taylor Morrison Home had a net margin of 10.30% and a return on equity of 15.75%. The company had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.66 billion. During the same quarter in the prior year, the firm earned $1.74 earnings per share. Taylor Morrison Home’s revenue was up 2.3% on a year-over-year basis. Equities research analysts anticipate that Taylor Morrison Home Co. will post 7.62 EPS for the current fiscal year.

Insider Activity

In other news, CAO Joseph Terracciano sold 724 shares of the stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $55.87, for a total value of $40,449.88. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Taylor Morrison Home news, CAO Joseph Terracciano sold 724 shares of the business’s stock in a transaction dated Friday, February 23rd. The shares were sold at an average price of $55.87, for a total value of $40,449.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Curtis Vanhyfte sold 7,765 shares of the company’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $57.89, for a total transaction of $449,515.85. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 659,241 shares of company stock valued at $39,537,646. 3.50% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wedbush restated a “neutral” rating and set a $55.00 price objective on shares of Taylor Morrison Home in a research note on Tuesday, April 30th. Barclays boosted their price target on Taylor Morrison Home from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 15th. StockNews.com raised shares of Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Wednesday, May 15th. Zelman & Associates raised Taylor Morrison Home from an “underperform” rating to a “neutral” rating in a report on Friday, April 12th. Finally, Royal Bank of Canada raised their price target on Taylor Morrison Home from $61.00 to $63.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 1st. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $58.20.

About Taylor Morrison Home

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.