Taylor Morrison Home Corp. (NYSE:TMHC) has been assigned a consensus recommendation of “Hold” from the eleven research firms that are currently covering the firm. Eight equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $19.00.

A number of equities analysts have weighed in on TMHC shares. Wells Fargo & Co. started coverage on shares of Taylor Morrison Home Corp. in a research report on Thursday, September 29th. They set a “market perform” rating for the company. FBR & Co restated an “outperform” rating on shares of Taylor Morrison Home Corp. in a research report on Tuesday, September 27th. Deutsche Bank AG upped their price objective on shares of Taylor Morrison Home Corp. from $25.00 to $26.00 and gave the stock a “hold” rating in a research report on Thursday, August 25th. Wedbush started coverage on shares of Taylor Morrison Home Corp. in a research report on Tuesday, September 20th. They set a “neutral” rating and a $18.00 price objective for the company. Finally, Susquehanna cut shares of Taylor Morrison Home Corp. from a “positive” rating to a “neutral” rating in a research report on Thursday, August 4th.

Several large investors have recently modified their holdings of the stock. 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. purchased a new stake in shares of Taylor Morrison Home Corp. during the first quarter worth about $1,464,000. Capital Growth Management LP purchased a new stake in shares of Taylor Morrison Home Corp. during the first quarter worth about $2,118,000. NWQ Investment Management Company LLC raised its stake in shares of Taylor Morrison Home Corp. by 6.3% in the first quarter. NWQ Investment Management Company LLC now owns 3,609,015 shares of the company’s stock worth $50,959,000 after buying an additional 214,233 shares in the last quarter. Finally, Spark Investment Management LLC raised its stake in shares of Taylor Morrison Home Corp. by 1,016.3% in the first quarter. Spark Investment Management LLC now owns 218,800 shares of the company’s stock worth $3,089,000 after buying an additional 199,200 shares in the last quarter. Institutional investors and hedge funds own 23.79% of the company’s stock.

Shares of Taylor Morrison Home Corp. (NYSE:TMHC) traded down 0.06% during midday trading on Friday, reaching $17.27. 40,099 shares of the company were exchanged. The firm has a 50-day moving average of $17.31 and a 200 day moving average of $15.85. Taylor Morrison Home Corp. has a 52 week low of $10.33 and a 52 week high of $20.25. The firm has a market capitalization of $524.20 million, a P/E ratio of 11.56 and a beta of 1.40.

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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