Fox Run Management L.L.C. Invests $740,000 in Taylor Morrison Home Corporation $TMHC

Fox Run Management L.L.C. acquired a new stake in Taylor Morrison Home Corporation (NYSE:TMHC) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,214 shares of the construction company’s stock, valued at approximately $740,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ORG Partners LLC acquired a new stake in Taylor Morrison Home in the third quarter worth approximately $26,000. Root Financial Partners LLC bought a new stake in shares of Taylor Morrison Home in the 3rd quarter worth $27,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Taylor Morrison Home in the second quarter valued at $28,000. AlphaCore Capital LLC acquired a new stake in shares of Taylor Morrison Home in the second quarter valued at $37,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in Taylor Morrison Home during the third quarter valued at about $49,000. Institutional investors own 95.16% of the company’s stock.

Wall Street Analysts Forecast Growth

TMHC has been the topic of several research reports. Citigroup assumed coverage on shares of Taylor Morrison Home in a research report on Wednesday, January 7th. They issued an “outperform” rating on the stock. Royal Bank Of Canada boosted their target price on shares of Taylor Morrison Home from $62.00 to $68.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Citizens Jmp started coverage on shares of Taylor Morrison Home in a research note on Wednesday, January 7th. They set a “market outperform” rating and a $95.00 target price for the company. Zacks Research lowered shares of Taylor Morrison Home from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings cut Taylor Morrison Home from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $77.17.

Taylor Morrison Home Stock Performance

Shares of TMHC opened at $65.95 on Friday. The company has a 50-day moving average of $63.20 and a two-hundred day moving average of $63.67. The stock has a market cap of $6.44 billion, a price-to-earnings ratio of 8.50, a PEG ratio of 9.19 and a beta of 1.59. The company has a debt-to-equity ratio of 0.36, a current ratio of 7.31 and a quick ratio of 1.55. Taylor Morrison Home Corporation has a one year low of $51.90 and a one year high of $72.50.

Taylor Morrison Home Company Profile

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.