94,393 Shares in Taylor Morrison Home Corporation $TMHC Bought by Whittier Trust Co.

Whittier Trust Co. bought a new stake in shares of Taylor Morrison Home Corporation (NYSE:TMHC) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 94,393 shares of the construction company’s stock, valued at approximately $6,412,000. Whittier Trust Co. owned about 0.09% of Taylor Morrison Home at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TMHC. ORG Partners LLC bought a new position in shares of Taylor Morrison Home during the 3rd quarter worth about $26,000. Root Financial Partners LLC bought a new position in Taylor Morrison Home during the third quarter valued at about $27,000. Atlantic Union Bankshares Corp bought a new position in Taylor Morrison Home during the second quarter valued at about $28,000. AlphaCore Capital LLC acquired a new position in Taylor Morrison Home in the 2nd quarter valued at approximately $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of Taylor Morrison Home in the 3rd quarter worth approximately $49,000. 95.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Zacks Research cut Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Thursday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Taylor Morrison Home in a research note on Monday, December 29th. Bank of America restated a “neutral” rating and issued a $70.00 price objective (up previously from $68.00) on shares of Taylor Morrison Home in a research note on Friday, January 16th. Citigroup initiated coverage on shares of Taylor Morrison Home in a research report on Wednesday, January 7th. They set an “outperform” rating on the stock. Finally, Citizens Jmp assumed coverage on shares of Taylor Morrison Home in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $95.00 target price on the stock. Eight investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $77.14.

Taylor Morrison Home Trading Down 1.7%

Shares of Taylor Morrison Home stock opened at $62.21 on Monday. Taylor Morrison Home Corporation has a 12-month low of $51.90 and a 12-month high of $72.50. The stock has a market capitalization of $6.08 billion, a P/E ratio of 7.50 and a beta of 1.59. The company has a 50-day simple moving average of $61.31 and a 200 day simple moving average of $63.29. The company has a quick ratio of 1.02, a current ratio of 7.02 and a debt-to-equity ratio of 0.35.

Taylor Morrison Home Profile

Taylor Morrison Home Corporation (NYSE:TMHC) is a leading national homebuilder and developer specializing in the design, construction and sale of single-family detached and attached homes. The company’s portfolio spans entry-level, first-time, move-up and active-adult segments, offering buyers a diverse array of architectural styles, floor plans and personalized design options. Through its vertically integrated model, Taylor Morrison manages land acquisition, community development, construction and sales to deliver quality homes and customer-focused experiences across its markets.

The company’s heritage traces back to Morrison Homes, founded in 1977, and Taylor Woodrow, established in 1921 in the United Kingdom.