Strs Ohio raised its position in Taylor Morrison Home Corp (NASDAQ:TMHC) by 9.4% during the second quarter, Holdings Channel reports. The institutional investor owned 40,900 shares of the construction company’s stock after buying an additional 3,500 shares during the period. Strs Ohio’s holdings in Taylor Morrison Home Corp were worth $982,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of TMHC. Victory Capital Management Inc. boosted its position in shares of Taylor Morrison Home Corp by 34.2% in the first quarter. Victory Capital Management Inc. now owns 6,315 shares of the construction company’s stock worth $135,000 after buying an additional 1,608 shares in the last quarter. UBS Group AG boosted its position in shares of Taylor Morrison Home Corp by 4.7% in the first quarter. UBS Group AG now owns 6,909 shares of the construction company’s stock worth $147,000 after buying an additional 307 shares in the last quarter. Legal & General Group Plc boosted its position in shares of Taylor Morrison Home Corp by 25.6% in the first quarter. Legal & General Group Plc now owns 9,338 shares of the construction company’s stock worth $199,000 after buying an additional 1,906 shares in the last quarter. Hancock Holding Co. acquired a new position in shares of Taylor Morrison Home Corp during the first quarter worth about $204,000. Finally, Meeder Asset Management Inc. boosted its position in shares of Taylor Morrison Home Corp by 172.5% in the second quarter. Meeder Asset Management Inc. now owns 8,516 shares of the construction company’s stock worth $204,000 after buying an additional 5,391 shares in the last quarter.

Taylor Morrison Home Corp (NASDAQ:TMHC) opened at 22.00 on Wednesday. The company has a market cap of $1.59 billion and a PE ratio of 13.25. Taylor Morrison Home Corp has a one year low of $15.82 and a one year high of $24.79. The firm has a 50-day moving average of $23.42 and a 200-day moving average of $22.21.

Taylor Morrison Home Corp (NASDAQ:TMHC) last issued its earnings results on Wednesday, August 2nd. The construction company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.08. Taylor Morrison Home Corp had a net margin of 6.16% and a return on equity of 9.57%. The business had revenue of $908.49 million for the quarter, compared to analyst estimates of $849.70 million. During the same period in the previous year, the business earned $0.37 EPS. The firm’s revenue was up 6.3% on a year-over-year basis. On average, analysts predict that Taylor Morrison Home Corp will post $1.94 EPS for the current year.

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A number of equities analysts have issued reports on TMHC shares. BidaskClub cut shares of Taylor Morrison Home Corp from a “strong-buy” rating to a “buy” rating in a report on Monday, July 24th. Zacks Investment Research raised shares of Taylor Morrison Home Corp from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Tuesday, July 4th. Deutsche Bank AG raised their target price on shares of Taylor Morrison Home Corp from $25.00 to $27.00 and gave the stock a “buy” rating in a report on Monday, August 7th. FBR & Co raised their target price on shares of Taylor Morrison Home Corp from $21.00 to $23.00 and gave the stock a “mkt perform” rating in a report on Friday, April 28th. Finally, ValuEngine raised shares of Taylor Morrison Home Corp from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Seven equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Taylor Morrison Home Corp currently has an average rating of “Hold” and a consensus price target of $23.00.

About Taylor Morrison Home Corp

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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Institutional Ownership by Quarter for Taylor Morrison Home Corp (NASDAQ:TMHC)

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