Taylor Morrison Home Corporation (NYSE:TMHC) insider Group Holdings (Sbs) Advis Tpg sold 1,499,732 shares of the business’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $27.14, for a total value of $40,702,726.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Shares of Taylor Morrison Home Corporation (NYSE:TMHC) traded up $0.40 during trading on Friday, reaching $27.74. The company had a trading volume of 1,724,630 shares, compared to its average volume of 3,379,377. The company has a market capitalization of $3,315.31, a price-to-earnings ratio of 15.08, a P/E/G ratio of 0.92 and a beta of 1.47. Taylor Morrison Home Corporation has a 1 year low of $18.26 and a 1 year high of $28.42. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.81 and a current ratio of 6.85.

Taylor Morrison Home (NYSE:TMHC) last posted its earnings results on Wednesday, November 1st. The construction company reported $0.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.04. The company had revenue of $908.00 million during the quarter, compared to analyst estimates of $914.19 million. Taylor Morrison Home had a return on equity of 4.18% and a net margin of 2.41%. The business’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 earnings per share. equities analysts anticipate that Taylor Morrison Home Corporation will post 1.86 EPS for the current year.

Taylor Morrison Home declared that its board has approved a stock buyback plan on Wednesday, January 3rd that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the construction company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Several analysts recently weighed in on TMHC shares. Citigroup raised Taylor Morrison Home from a “neutral” rating to a “buy” rating and set a $30.00 price objective for the company in a report on Tuesday, January 2nd. ValuEngine lowered Taylor Morrison Home from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 2nd. BidaskClub raised Taylor Morrison Home from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Barclays set a $27.00 price objective on Taylor Morrison Home and gave the company a “hold” rating in a report on Monday, January 8th. Finally, Wedbush reissued a “neutral” rating and issued a $27.00 price objective on shares of Taylor Morrison Home in a report on Friday, January 12th. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $27.57.

Several large investors have recently bought and sold shares of TMHC. Schwab Charles Investment Management Inc. grew its holdings in shares of Taylor Morrison Home by 79.7% during the second quarter. Schwab Charles Investment Management Inc. now owns 371,160 shares of the construction company’s stock valued at $8,912,000 after purchasing an additional 164,563 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Taylor Morrison Home during the second quarter valued at approximately $184,000. Bank of New York Mellon Corp grew its holdings in shares of Taylor Morrison Home by 25.6% during the second quarter. Bank of New York Mellon Corp now owns 315,964 shares of the construction company’s stock valued at $7,586,000 after purchasing an additional 64,337 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Taylor Morrison Home by 43.0% during the second quarter. Legal & General Group Plc now owns 13,355 shares of the construction company’s stock valued at $320,000 after purchasing an additional 4,017 shares during the last quarter. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of Taylor Morrison Home by 717.3% during the second quarter. BNP Paribas Arbitrage SA now owns 7,470 shares of the construction company’s stock valued at $179,000 after purchasing an additional 6,556 shares during the last quarter. 59.04% of the stock is owned by institutional investors.

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About Taylor Morrison Home

Taylor Morrison Home Corporation is a homebuilder, which designs, builds and sells single-family detached and attached homes. The Company is also a land developer, with a portfolio of lifestyle and master-planned communities. Its segments include East, which includes Atlanta, Charlotte, North Florida, Raleigh, Southwest Florida and Tampa; Central, which includes Austin, Dallas, and Houston (each of the Dallas and Houston markets include both a Taylor Morrison division and a Darling Homes division); West, which includes Bay Area, Chicago, Denver, Phoenix, Sacramento and Southern California, and Mortgage Operations, which includes Taylor Morrison Home Funding, LLC (TMHF) and Inspired Title Services, LLC (Inspired Title).

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