Institutional Investors Lead Shift in Taylor Morrison Home Corp (NYSE:TMHC) Sentiment

June 14, 2018 - By Gloria Calhoun

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Sentiment for Taylor Morrison Home Corp (NYSE:TMHC)

Taylor Morrison Home Corp (NYSE:TMHC) institutional sentiment increased to 1.84 in Q1 2018. Its up 0.36, from 1.48 in 2017Q4. The ratio is positive, as 112 investment managers started new or increased stock positions, while 61 decreased and sold their equity positions in Taylor Morrison Home Corp. The investment managers in our partner’s database now own: 107.33 million shares, up from 79.80 million shares in 2017Q4. Also, the number of investment managers holding Taylor Morrison Home Corp in their top 10 stock positions was flat from 1 to 1 for the same number . Sold All: 18 Reduced: 43 Increased: 74 New Position: 38.

Taylor Morrison Home Corporation operates as a public homebuilder in the United States. The company has market cap of $2.40 billion. The firm designs, builds, and sells single-family detached and attached homes; and develops lifestyle and master planned communities. It has a 16.42 P/E ratio. It operates under the Taylor Morrison and Darling Homes brands in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina and Texas.

The stock decreased 3.78% or $0.84 during the last trading session, reaching $21.38. About 2.41M shares traded or 126.73% up from the average. Taylor Morrison Home Corporation (NYSE:TMHC) has declined 5.79% since June 14, 2017 and is downtrending. It has underperformed by 18.36% the S&P500.

Analysts await Taylor Morrison Home Corporation (NYSE:TMHC) to report earnings on August, 1. They expect $0.48 earnings per share, up 4.35 % or $0.02 from last year’s $0.46 per share. TMHC’s profit will be $53.88 million for 11.14 P/E if the $0.48 EPS becomes a reality. After $0.41 actual earnings per share reported by Taylor Morrison Home Corporation for the previous quarter, Wall Street now forecasts 17.07 % EPS growth.

Donald Smith & Co. Inc. holds 5.63% of its portfolio in Taylor Morrison Home Corporation for 9.05 million shares. Ejf Capital Llc owns 1.03 million shares or 1.93% of their US portfolio. Moreover, New Amsterdam Partners Llc Ny has 1.42% invested in the company for 279,671 shares. The Kansas-based Dean Capital Management has invested 1.24% in the stock. Greenhaven Associates Inc, a New York-based fund reported 2.90 million shares.

Since January 1, 0001, it had 0 buys, and 2 insider sales for $40.84 million activity.

Taylor Morrison Home Corporation (NYSE:TMHC) Ratings Coverage

Ratings analysis reveals 63% of Taylor Morrison Home Corporation’s analysts are positive. Out of 8 Wall Street analysts rating Taylor Morrison Home Corporation, 5 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $25 while the high is $33.5000. The stock’s average target of $28.90 is 35.17% above today’s ($21.38) share price. TMHC was included in 12 notes of analysts from January 2, 2018. The stock of Taylor Morrison Home Corporation (NYSE:TMHC) has “Hold” rating given on Thursday, June 7 by FBR Capital. The stock of Taylor Morrison Home Corporation (NYSE:TMHC) has “Market Outperform” rating given on Thursday, February 8 by JMP Securities. The rating was upgraded by Wells Fargo to “Outperform” on Friday, January 5. The rating was maintained by Deutsche Bank with “Buy” on Friday, February 23. The firm has “Buy” rating given on Tuesday, January 2 by Citigroup. The rating was maintained by Wells Fargo with “Buy” on Friday, June 8. On Monday, March 26 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The stock of Taylor Morrison Home Corporation (NYSE:TMHC) earned “Positive” rating by Susquehanna on Thursday, January 4. B. Riley & Co maintained it with “Neutral” rating and $29 target in Thursday, February 8 report. Barclays Capital maintained it with “Equal-Weight” rating and $28 target in Thursday, February 8 report.

More notable recent Taylor Morrison Home Corporation (NYSE:TMHC) news were published by: Nasdaq.com which released: “Mid-Morning Market Update: Markets Mostly Higher; JM Smucker Misses Q4 Expectations” on June 07, 2018, also Businesswire.com with their article: “INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Investors of an Investigation Regarding Whether the Sale of AV …” published on June 12, 2018, Businesswire.com published: “Bragar Eagel & Squire, PC is Investigating the Board of Directors of AV Homes, Inc. (AVHI) on Behalf of Stockholders …” on June 08, 2018. More interesting news about Taylor Morrison Home Corporation (NYSE:TMHC) were released by: Prnewswire.com and their article: “AV HOMES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC …” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Taylor Morrison (TMHC) CEO Sheryl Palmer on Mergers&Aquisitions Call – Earnings Call Transcript” with publication date: June 07, 2018.

Taylor Morrison Home Corporation (NYSE:TMHC) Institutional Positions Chart

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