Dean Capital Management lowered its holdings in Taylor Morrison Home Corp (NYSE:TMHC) by 9.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 97,140 shares of the construction company’s stock after selling 10,295 shares during the period. Dean Capital Management’s holdings in Taylor Morrison Home were worth $2,019,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Legacy Financial Advisors Inc. purchased a new stake in shares of Taylor Morrison Home in the 2nd quarter valued at about $144,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Taylor Morrison Home by 48.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 7,062 shares of the construction company’s stock valued at $164,000 after acquiring an additional 2,314 shares in the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Taylor Morrison Home in the 2nd quarter valued at about $157,000. Cambria Investment Management L.P. purchased a new stake in shares of Taylor Morrison Home in the 1st quarter valued at about $205,000. Finally, New York State Teachers Retirement System raised its holdings in shares of Taylor Morrison Home by 57.1% in the 1st quarter. New York State Teachers Retirement System now owns 9,900 shares of the construction company’s stock valued at $230,000 after acquiring an additional 3,600 shares in the last quarter. 99.02% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have weighed in on TMHC. ValuEngine cut Taylor Morrison Home from a “sell” rating to a “strong sell” rating in a report on Saturday, July 28th. Barclays set a $22.00 price target on Taylor Morrison Home and gave the company a “hold” rating in a report on Wednesday, August 1st. Zacks Investment Research cut Taylor Morrison Home from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. Susquehanna Bancshares lowered their price target on Taylor Morrison Home from $34.00 to $30.00 and set a “positive” rating on the stock in a report on Thursday, August 2nd. Finally, Wells Fargo & Co set a $34.00 price target on Taylor Morrison Home and gave the company a “buy” rating in a report on Friday, June 8th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $28.00.

Shares of NYSE TMHC opened at $19.48 on Friday. The stock has a market cap of $2.19 billion, a P/E ratio of 9.84, a PEG ratio of 0.63 and a beta of 1.28. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.88 and a current ratio of 6.86. Taylor Morrison Home Corp has a 1-year low of $18.80 and a 1-year high of $28.42.

Taylor Morrison Home (NYSE:TMHC) last announced its quarterly earnings data on Wednesday, August 1st. The construction company reported $0.52 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.04. The company had revenue of $980.83 million for the quarter, compared to analysts’ expectations of $923.15 million. Taylor Morrison Home had a return on equity of 8.60% and a net margin of 3.97%. Taylor Morrison Home’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the firm posted $0.46 EPS. equities analysts expect that Taylor Morrison Home Corp will post 2.6 earnings per share for the current year.

Taylor Morrison Home Company Profile

Taylor Morrison Home Corporation operates as a public homebuilder in the United States. The company designs, builds, and sells single-family detached and attached homes; and develops lifestyle and master-planned communities. It operates under the Taylor Morrison and Darling Homes brand names in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina and Texas.

Featured Story: What Is An Exchange-Traded Fund (ETF)?

Want to see what other hedge funds are holding TMHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taylor Morrison Home Corp (NYSE:TMHC).

Institutional Ownership by Quarter for Taylor Morrison Home (NYSE:TMHC)

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