Wedbush started coverage on shares of Taylor Morrison Home Corp. (NYSE:TMHC) in a research report sent to investors on Tuesday morning. The firm issued a neutral rating and a $18.00 target price on the stock.

Analyst Recommendations for Taylor Morrison Home Corp. (NYSE:TMHC)

Several other research firms have also issued reports on TMHC. Deutsche Bank AG boosted their price target on shares of Taylor Morrison Home Corp. from $25.00 to $26.00 and gave the company a hold rating in a research report on Thursday, August 25th. Susquehanna lowered shares of Taylor Morrison Home Corp. from a positive rating to a neutral rating in a research report on Thursday, August 4th. Finally, FBR & Co boosted their price target on shares of Taylor Morrison Home Corp. from $16.00 to $20.00 and gave the company an outperform rating in a research report on Thursday, August 4th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and a consensus price target of $18.88.

Shares of Taylor Morrison Home Corp. (NYSE:TMHC) opened at 17.18 on Tuesday. The firm has a market cap of $521.46 million, a price-to-earnings ratio of 11.50 and a beta of 1.41. The firm has a 50-day moving average of $17.21 and a 200-day moving average of $15.48. Taylor Morrison Home Corp. has a 12 month low of $10.33 and a 12 month high of $20.64.

Hedge funds have recently bought and sold shares of the company. LPL Financial LLC raised its stake in Taylor Morrison Home Corp. by 2.1% in the first quarter. LPL Financial LLC now owns 12,124 shares of the company’s stock worth $173,000 after buying an additional 252 shares during the period. BlackRock Group LTD raised its stake in Taylor Morrison Home Corp. by 54.4% in the first quarter. BlackRock Group LTD now owns 12,132 shares of the company’s stock worth $172,000 after buying an additional 4,275 shares during the period. Squarepoint Ops LLC purchased a new stake in Taylor Morrison Home Corp. during the first quarter worth $209,000. UBS Group AG raised its stake in Taylor Morrison Home Corp. by 55.7% in the first quarter. UBS Group AG now owns 14,913 shares of the company’s stock worth $210,000 after buying an additional 5,337 shares during the period. Finally, Metropolitan Life Insurance Co. NY raised its stake in Taylor Morrison Home Corp. by 4.4% in the first quarter. Metropolitan Life Insurance Co. NY now owns 24,123 shares of the company’s stock worth $341,000 after buying an additional 1,024 shares during the period. 23.79% of the stock is currently owned by institutional investors and hedge funds.

Taylor Morrison Home Corp. Company Profile

Taylor Morrison Home Corporation is a real estate development company, with a portfolio of lifestyle and master-planned communities. The Company is engaged in the business of residential homebuilding and the development of lifestyle communities with operations geographically focused in Arizona, California, Colorado, Florida, Texas and its acquired divisions in Georgia, Illinois and North Carolina.

5 Day Chart for NYSE:TMHC

Receive News & Ratings for Taylor Morrison Home Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home Corp. and related companies with MarketBeat.com's FREE daily email newsletter.