Zacks Investment Research upgraded shares of Taylor Morrison Home (NYSE:TMHC) from a hold rating to a buy rating in a report issued on Tuesday morning. Zacks Investment Research currently has $21.00 price objective on the construction company’s stock.

According to Zacks, “Taylor Morrison Home Corporation is a homebuilder and land developer engaged in building single-family detached and attached homes for first-time buyers, move-up families to luxury and active adult customers. The company operates under the Taylor Morrison brand, Monarch brand and Darling Homes brand. It operates in Arizona, California, Colorado, Florida and Texas. Taylor Morrison Home Corporation is headquartered in Scottsdale, Arizona. “

Several other research firms also recently commented on TMHC. TheStreet upgraded Taylor Morrison Home from a c+ rating to a b- rating in a report on Monday, January 28th. Wells Fargo & Co downgraded Taylor Morrison Home from an outperform rating to a market perform rating and set a $21.50 price objective on the stock. in a report on Monday, January 14th. JMP Securities downgraded Taylor Morrison Home from an outperform rating to a market perform rating in a report on Monday, October 8th. Deutsche Bank lifted their price objective on Taylor Morrison Home from $14.00 to $16.00 and gave the stock a hold rating in a report on Thursday, November 1st. Finally, ValuEngine upgraded Taylor Morrison Home from a strong sell rating to a sell rating in a report on Friday, December 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. Taylor Morrison Home has an average rating of Hold and an average price target of $21.07.

TMHC opened at $18.85 on Tuesday. The stock has a market capitalization of $2.24 billion, a PE ratio of 9.52, a P/E/G ratio of 0.75 and a beta of 1.29. The company has a current ratio of 7.58, a quick ratio of 1.07 and a debt-to-equity ratio of 0.62. Taylor Morrison Home has a 12 month low of $14.73 and a 12 month high of $24.76.

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its position in Taylor Morrison Home by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 10,537,928 shares of the construction company’s stock valued at $190,104,000 after acquiring an additional 197,582 shares in the last quarter. Vanguard Group Inc boosted its position in Taylor Morrison Home by 1.9% during the 3rd quarter. Vanguard Group Inc now owns 10,537,928 shares of the construction company’s stock valued at $190,104,000 after acquiring an additional 197,582 shares in the last quarter. BlackRock Inc. boosted its position in Taylor Morrison Home by 3.5% during the 4th quarter. BlackRock Inc. now owns 9,106,907 shares of the construction company’s stock valued at $144,799,000 after acquiring an additional 309,427 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Taylor Morrison Home by 8.3% during the 3rd quarter. Dimensional Fund Advisors LP now owns 8,683,141 shares of the construction company’s stock valued at $156,645,000 after acquiring an additional 668,689 shares in the last quarter. Finally, Donald Smith & CO. Inc. boosted its position in Taylor Morrison Home by 0.8% during the 4th quarter. Donald Smith & CO. Inc. now owns 8,593,698 shares of the construction company’s stock valued at $136,640,000 after acquiring an additional 69,663 shares in the last quarter. Institutional investors own 93.66% of the company’s stock.

Taylor Morrison Home Company Profile

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