Shares of Taylor Morrison Home Corp. (NYSE:TMHC) have received an average rating of “Hold” from the eleven ratings firms that are currently covering the company. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $19.00.

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

A hedge fund recently bought a new stake in Taylor Morrison Home Corp. stock. Jacobs Levy Equity Management Inc. acquired a new stake in Taylor Morrison Home Corp. (NYSE:TMHC) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103,700 shares of the company’s stock, valued at approximately $1,464,000. Jacobs Levy Equity Management Inc. owned 0.33% of Taylor Morrison Home Corp. at the end of the most recent reporting period. Institutional investors and hedge funds own 23.88% of the company’s stock.

Taylor Morrison Home Corp. (NYSE:TMHC) opened at 19.94 on Friday. The stock has a market capitalization of $606.48 million, a PE ratio of 13.37 and a beta of 1.39. The stock’s 50 day moving average is $17.93 and its 200 day moving average is $16.56. Taylor Morrison Home Corp. has a 12-month low of $10.33 and a 12-month high of $20.04.

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About Taylor Morrison Home Corp.

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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