The Company operates under the Taylor Morrison and Darling Homes brand names.
August 7 investment analysts at Deutsche Bank maintained a stock rating of "Buy" and raised the price target from $20.00 to $27.00. Trexquant Investment LP owned about 0.10% of Taylor Morrison Home Corp at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company.
EX-99.1 2 eh1700968_ex9901.htm EXHIBIT 99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE CONTACT: Investor Relations Taylor Morrison Home Corporation (480) 734-2060 [email protected] Taylor Morrison Extends and Increases Stock Repurchase Program Repurchase program will have $100 million in availability for repurchases through December 31, ... Teachers Advisors LLC now owns 53,122 shares of the construction company's stock valued at $1,023,000 after purchasing an additional 3,771 shares during the period. Vanguard Group Inc. increased its stake in shares of Taylor Morrison Home Corp by 78.9% during the first quarter. Credit Agricole S A acquired a new stake in shares of Taylor Morrison Home Corp during the 1st quarter worth about $5,757,000. Dimensional Fund Advisors LP raised its position in shares of Taylor Morrison Home Corp by 50.6% in the fourth quarter.
Taylor Morrison Home Corp (NASDAQ TMHC) traded down 1.36% during trading on Wednesday, reaching $21.00. The stock had a trading volume of 47,840 shares. The firm's 50-day moving average is $21.34 and its 200-day moving average is $22.40.
The company now has a P/E ratio of 12.82 and the market cap of the company is 1.54B. The legal version of this piece can be viewed at https://baseballnewssource.com/markets/taylor-morrison-home-corp-tmhc-upgraded-to-sell-by-bidaskclub/1639007.html.
05/12/2015 - Taylor Morrison Home Corporation was upgraded to "strong-buy" by analysts at Zacks. Next quarter's EPS is forecasted to be $0.73 with next year's EPS projected to be $2.23. The company earned $1.20 billion during the quarter, compared to the consensus estimate of $1.08 billion. Taylor Morrison Home Corp had a return on equity of 9.57% and a net margin of 6.16%. The company's quarterly revenue was up 6.3% compared to the same quarter a year ago. During the same quarter previous year, the business earned $0.37 earnings per share. Equities analysts anticipate that Taylor Morrison Home Corp will post $1.94 EPS for the current year.
09/20/2016 - Wedbush began new coverage on Taylor Morrison Home Corporation giving the company a "neutral" rating. Shares buyback plans are often a sign that the company's board believes its stock is undervalued.
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A number of hedge funds have recently made changes to their positions in TMHC. Finally, ValuEngine raised shares of Taylor Morrison Home Corp from a "buy" rating to a "strong-buy" rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of Taylor Morrison Home Corp from a "buy" rating to a "hold" rating in a research note on Saturday, August 5th. One research analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, two have given a buy recommendation and one has given a strong buy recommendation to the company. The company presently has a consensus rating of "Hold" and an average price target of $23.00.
Taylor Morrison Home Corporation, launched on November 15, 2012, is a homebuilder, which designs, builds and sells single-family detached and attached homes.
Taylor Morrison Home Corporation is a real estate development company, 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).