Wedbush started coverage on shares of Taylor Morrison Home Corp. (NYSE:TMHC) in a research report released on Tuesday. 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 analysts have also recently weighed in on TMHC. FBR & Co increased 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 report on Thursday, August 4th. Susquehanna cut shares of Taylor Morrison Home Corp. from a positive rating to a neutral rating in a report on Thursday, August 4th. Finally, Deutsche Bank AG raised their target price on shares of Taylor Morrison Home Corp. from $25.00 to $26.00 and gave the stock a hold rating in a report on Thursday, August 25th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $18.88.

Taylor Morrison Home Corp. (NYSE:TMHC) opened at 17.18 on Tuesday. Taylor Morrison Home Corp. has a 52-week low of $10.33 and a 52-week high of $20.64. The company has a market cap of $521.46 million, a PE ratio of 11.50 and a beta of 1.41. The company has a 50-day moving average of $17.21 and a 200 day moving average of $15.48.

Hedge funds have recently modified their holdings of the stock. BlackRock Group LTD raised its stake in shares of 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 in the last quarter. LPL Financial LLC raised its stake in shares of 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 in the last quarter. Metropolitan Life Insurance Co. NY raised its stake in shares of 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 in the last quarter. Jacobs Levy Equity Management Inc. bought a new stake in shares of Taylor Morrison Home Corp. during the first quarter worth $1,464,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Taylor Morrison Home Corp. during the first quarter worth $2,270,000. Hedge funds and other institutional investors own 23.79% of the company’s stock.

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

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