Tudor Investment Corp ET AL Has $21.51 Million Holdings in Taylor Morrison Home Corporation $TMHC

Tudor Investment Corp ET AL grew its position in shares of Taylor Morrison Home Corporation (NYSE:TMHC) by 181.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 325,829 shares of the construction company’s stock after buying an additional 210,102 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Taylor Morrison Home were worth $21,508,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. ORG Partners LLC acquired a new position in shares of Taylor Morrison Home in the 3rd quarter worth approximately $26,000. Root Financial Partners LLC acquired a new stake in Taylor Morrison Home during the 3rd quarter valued at $27,000. Pinnacle Holdings LLC bought a new position in Taylor Morrison Home in the 3rd quarter valued at $32,000. Huntington National Bank boosted its stake in Taylor Morrison Home by 2,074.1% in the third quarter. Huntington National Bank now owns 587 shares of the construction company’s stock worth $39,000 after purchasing an additional 560 shares in the last quarter. Finally, AlphaCore Capital LLC bought a new stake in shares of Taylor Morrison Home during the second quarter worth $37,000. Institutional investors own 95.16% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Royal Bank Of Canada lifted their price target on Taylor Morrison Home from $62.00 to $68.00 and gave the company an “outperform” rating in a report on Thursday, February 12th. Zacks Research lowered shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a report on Thursday, January 22nd. Weiss Ratings downgraded shares of Taylor Morrison Home from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, February 20th. Truist Financial assumed coverage on shares of Taylor Morrison Home in a research report on Tuesday, March 3rd. They set a “buy” rating and a $85.00 target price on the stock. Finally, Barclays lowered their price target on shares of Taylor Morrison Home from $71.00 to $70.00 and set an “overweight” rating for the company in a report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Taylor Morrison Home currently has a consensus rating of “Moderate Buy” and an average target price of $78.29.

Taylor Morrison Home Stock Performance

Shares of NYSE:TMHC opened at $57.32 on Friday. The stock has a market capitalization of $5.52 billion, a P/E ratio of 7.39, a P/E/G ratio of 8.03 and a beta of 1.58. Taylor Morrison Home Corporation has a 1-year low of $51.90 and a 1-year high of $72.50. The company has a current ratio of 7.31, a quick ratio of 1.55 and a debt-to-equity ratio of 0.36. The business has a 50-day moving average price of $63.49 and a two-hundred day moving average price of $62.93.

About Taylor Morrison Home

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.