Taylor Morrison Home (TMHC) Upgraded at ValuEngine
A number of other analysts have also commented on the company. TheStreet raised Taylor Morrison Home from a “c+” rating to a “b-” rating in a research report on Monday, January 28th. Zacks Investment Research raised Taylor Morrison Home from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Thursday, January 17th. Citigroup boosted their target price on Taylor Morrison Home from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, May 2nd. Finally, Barclays raised Taylor Morrison Home from an “underweight” rating to an “equal weight” rating and boosted their target price for the company from $19.00 to $20.00 in a research report on Monday. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Taylor Morrison Home currently has an average rating of “Hold” and a consensus target price of $22.59.
Shares of NYSE:TMHC opened at $20.85 on Tuesday. The stock has a market capitalization of $2.26 billion, a PE ratio of 7.87, a price-to-earnings-growth ratio of 1.01 and a beta of 1.19. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.63 and a current ratio of 7.85. Taylor Morrison Home has a 1 year low of $14.73 and a 1 year high of $22.59.
In other Taylor Morrison Home news, insider Joseph Terracciano sold 2,323 shares of the business’s stock in a transaction that occurred on Friday, March 8th. The stock was sold at an average price of $16.84, for a total transaction of $39,119.32. Following the completion of the sale, the insider now directly owns 2,050 shares of the company’s stock, valued at approximately $34,522. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.90% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the business. BerganKDV Wealth Management LLC increased its holdings in Taylor Morrison Home by 237.6% during the 4th quarter. BerganKDV Wealth Management LLC now owns 1,688 shares of the construction company’s stock worth $27,000 after purchasing an additional 1,188 shares in the last quarter. Strs Ohio bought a new stake in Taylor Morrison Home during the 4th quarter worth approximately $28,000. Ladenburg Thalmann Financial Services Inc. bought a new stake in Taylor Morrison Home during the 1st quarter worth approximately $37,000. Penserra Capital Management LLC bought a new stake in Taylor Morrison Home during the 1st quarter worth approximately $59,000. Finally, Stamos Capital Partners L.P. bought a new stake in Taylor Morrison Home during the 4th quarter worth approximately $64,000.
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 and multi-family attached and detached 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.
See Also: What is insider trading?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Taylor Morrison Home Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Taylor Morrison Home and related companies with MarketBeat.com's FREE daily email newsletter.