Taylor Morrison Home Corp (NYSE:TMHC) saw a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 6,000,000 shares, a growth of 11.7% from the January 15th total of 5,370,000 shares. Currently, 5.7% of the shares of the company are short sold. Based on an average daily volume of 1,680,000 shares, the days-to-cover ratio is currently 3.6 days.

Shares of Taylor Morrison Home stock traded up $0.31 on Friday, hitting $27.78. 1,804,100 shares of the company’s stock were exchanged, compared to its average volume of 2,957,103. The company has a 50-day simple moving average of $24.66 and a 200-day simple moving average of $24.13. The stock has a market capitalization of $2.89 billion, a PE ratio of 11.77 and a beta of 0.72. Taylor Morrison Home has a 1 year low of $16.07 and a 1 year high of $28.00. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.61 and a current ratio of 7.32.

Taylor Morrison Home (NYSE:TMHC) last issued its quarterly earnings results on Wednesday, February 5th. The construction company reported $1.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.98 by $0.08. The business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Taylor Morrison Home had a net margin of 5.35% and a return on equity of 13.02%. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company posted $0.86 EPS. On average, analysts expect that Taylor Morrison Home will post 3.05 EPS for the current fiscal year.

In related news, Director Peter R. Lane sold 31,848 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $26.59, for a total value of $846,838.32. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.90% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Point72 Asset Management L.P. bought a new stake in Taylor Morrison Home in the 4th quarter valued at $2,317,000. Cubist Systematic Strategies LLC increased its holdings in Taylor Morrison Home by 95.9% in the 4th quarter. Cubist Systematic Strategies LLC now owns 243,223 shares of the construction company’s stock valued at $5,317,000 after acquiring an additional 119,086 shares during the last quarter. AQR Capital Management LLC increased its holdings in Taylor Morrison Home by 26.9% in the 4th quarter. AQR Capital Management LLC now owns 668,245 shares of the construction company’s stock valued at $14,608,000 after acquiring an additional 141,845 shares during the last quarter. Jane Street Group LLC bought a new stake in Taylor Morrison Home in the 4th quarter valued at $338,000. Finally, Blueshift Asset Management LLC bought a new stake in Taylor Morrison Home in the 4th quarter valued at $1,747,000. Institutional investors and hedge funds own 99.45% of the company’s stock.

Several equities research analysts recently issued reports on TMHC shares. G.Research restated a “hold” rating on shares of Taylor Morrison Home in a report on Thursday, November 7th. ValuEngine upgraded shares of Taylor Morrison Home from a “strong sell” rating to a “sell” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. started coverage on shares of Taylor Morrison Home in a research note on Monday. They set an “overweight” rating and a $33.00 price target on the stock. Finally, Zacks Investment Research cut shares of Taylor Morrison Home from a “buy” rating to a “hold” rating in a research note on Thursday, January 2nd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $25.88.

About Taylor Morrison Home

Taylor Morrison Home Corporation operates as a public homebuilder in the United States. The company designs, builds, and sells single-family and multi-family attached and detached 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.

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