The Teachers Advisors LLC Boosts Stake in Taylor Morrison Home Corp (TMHC)

The Teachers Advisors LLC Boosts Stake in Taylor Morrison Home Corp (TMHC)

Several other hedge funds have also recently bought and sold shares of TMHC. Federated Investors Inc. PA raised its stake in Taylor Morrison Home Corp by 10,261.8% in the fourth quarter. Federated Investors Inc. PA now owns 11,398 shares of the construction company’s stock valued at $220,000 after buying an additional 11,288 shares during the last quarter. Turner Investments LLC purchased a new stake in Taylor Morrison Home Corp during the fourth quarter valued at about $221,000. Tudor Investment Corp Et Al purchased a new stake in Taylor Morrison Home Corp during the fourth quarter valued at about $233,000. Bogle Investment Management L P DE purchased a new stake in Taylor Morrison Home Corp during the fourth quarter valued at about $399,000. Finally, AMP Capital Investors Ltd raised its stake in Taylor Morrison Home Corp by 129.3% in the third quarter. AMP Capital Investors Ltd now owns 37,757 shares of the construction company’s stock valued at $655,000 after buying an additional 21,291 shares during the last quarter.

Teachers Advisors LLC boosted its stake in Taylor Morrison Home Corp (NASDAQ:TMHC) by 7.6% during the fourth quarter, Holdings Channel reports. The fund owned 53,122 shares of the construction company’s stock after buying an additional 3,771 shares during the period. Teachers Advisors LLC’s holdings in Taylor Morrison Home Corp were worth $1,023,000 as of its most recent filing with the SEC.

Taylor Morrison Home Corp (NASDAQ TMHC) opened at 23.74 on Monday. The company’s 50-day moving average is $23.01 and its 200 day moving average is $20.88. The company has a market cap of $1.24 billion and a price-to-earnings ratio of 13.57. Taylor Morrison Home Corp has a 52-week low of $13.76 and a 52-week high of $24.60.

Taylor Morrison Home Corp (NASDAQ:TMHC) last issued its earnings results on Thursday, April 27th. The construction company reported $0.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.02. The business had revenue of $769.09 million during the quarter, compared to analysts’ expectations of $742.08 million. During the same period last year, the firm posted $0.21 EPS. Taylor Morrison Home Corp’s quarterly revenue was up 19.2% compared to the same quarter last year. Equities analysts forecast that Taylor Morrison Home Corp will post $1.90 earnings per share for the current fiscal year.

Several analysts have recently issued reports on the stock. ValuEngine upgraded shares of Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a research note on Friday. FBR & Co lowered shares of Taylor Morrison Home Corp from an “outperform” rating to a “market perform” rating and upped their target price for the stock from $20.00 to $21.00 in a research note on Tuesday, February 14th. Zacks Investment Research upgraded shares of Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Wednesday, April 26th. BTIG Research assumed coverage on shares of Taylor Morrison Home Corp in a research note on Tuesday, February 7th. They issued a “neutral” rating for the company. Finally, Barclays PLC reiterated an “equal weight” rating and issued a $22.00 target price (up previously from $21.00) on shares of Taylor Morrison Home Corp in a research note on Tuesday, March 7th. Nine research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Taylor Morrison Home Corp currently has an average rating of “Hold” and a consensus target price of $20.78.

Taylor Morrison Home Corp Company Profile Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:TMHC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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