William H. Lyon Sells 24,284 Shares of Taylor Morrison Home Co. (NYSE:TMHC) Stock

Taylor Morrison Home Co. (NYSE:TMHC) Director William H. Lyon sold 24,284 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $74.46, for a total value of $1,808,186.64. Following the sale, the director now owns 2,045,316 shares in the company, valued at approximately $152,294,229.36. This represents a 1.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Taylor Morrison Home Stock Down 0.2 %

Shares of NYSE:TMHC opened at $74.01 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.24 and a quick ratio of 0.69. The stock has a market cap of $7.66 billion, a price-to-earnings ratio of 9.79 and a beta of 1.96. The company has a 50 day moving average of $69.78 and a 200-day moving average of $64.01. Taylor Morrison Home Co. has a one year low of $44.32 and a one year high of $75.49.

Taylor Morrison Home (NYSE:TMHC) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.06 by $0.31. The business had revenue of $2.12 billion during the quarter, compared to the consensus estimate of $1.96 billion. Taylor Morrison Home had a return on equity of 15.91% and a net margin of 10.39%. The firm’s revenue was up 26.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.62 earnings per share. On average, sell-side analysts forecast that Taylor Morrison Home Co. will post 8.44 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on TMHC shares. StockNews.com raised shares of Taylor Morrison Home from a “hold” rating to a “buy” rating in a research report on Thursday, October 24th. Raymond James reaffirmed an “outperform” rating and issued a $84.00 price target (up previously from $81.00) on shares of Taylor Morrison Home in a research note on Tuesday, October 29th. BTIG Research increased their price objective on Taylor Morrison Home from $78.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada lifted their price objective on Taylor Morrison Home from $74.00 to $77.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, Zelman & Associates raised shares of Taylor Morrison Home from a “neutral” rating to an “outperform” rating in a report on Monday, August 12th. Two investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $77.33.

Institutional Investors Weigh In On Taylor Morrison Home

Hedge funds have recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new stake in shares of Taylor Morrison Home during the third quarter worth about $29,000. Harbor Capital Advisors Inc. acquired a new stake in Taylor Morrison Home during the 3rd quarter worth approximately $34,000. UMB Bank n.a. lifted its stake in Taylor Morrison Home by 263.9% in the third quarter. UMB Bank n.a. now owns 535 shares of the construction company’s stock valued at $38,000 after buying an additional 388 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Taylor Morrison Home in the second quarter valued at approximately $31,000. Finally, Peterson Financial Group Inc. acquired a new position in shares of Taylor Morrison Home during the third quarter worth about $62,000. 95.16% of the stock is currently owned by institutional investors and hedge funds.

About Taylor Morrison Home

Taylor Morrison Home Corporation, together with its subsidiaries, operates as a public homebuilder in the United States. The company designs, builds, and sells single and multi-family detached and attached homes; and develops lifestyle and master-planned communities. It develops and constructs multi-use properties consisting of commercial space, retail, and multi-family properties under the Urban Form brand name.