David C. Merritt Sells 8,737 Shares of Taylor Morrison Dwelling Co. (NYSE:TMHC) Inventory


Taylor Morrison Dwelling Co. (NYSE:TMHC – Get Score) Director David C. Merritt bought 8,737 shares of the enterprise’s inventory in a transaction that occurred on Wednesday, January 4th. The shares have been bought at a median worth of $32.00, for a complete worth of $279,584.00. Following the transaction, the director now owns 2,402 shares of the corporate’s inventory, valued at roughly $76,864. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is on the market via the SEC web site.

Taylor Morrison Dwelling Inventory Up 1.7 %

NYSE TMHC traded up $0.54 on Friday, hitting $32.69. The inventory had a buying and selling quantity of 1,031,228 shares, in comparison with its common quantity of 965,132. Taylor Morrison Dwelling Co. has a 52-week low of $20.05 and a 52-week excessive of $33.85. The enterprise’s fifty day shifting common worth is $29.16 and its 200 day shifting common worth is $26.77. The corporate has a debt-to-equity ratio of 0.62, a present ratio of 5.24 and a fast ratio of 0.57. The inventory has a market cap of $3.54 billion, a price-to-earnings ratio of three.65 and a beta of 1.68.

Taylor Morrison Dwelling (NYSE:TMHC – Get Score) final posted its quarterly earnings knowledge on Wednesday, October twenty sixth. The development firm reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.50 by $0.22. Taylor Morrison Dwelling had a web margin of 12.75% and a return on fairness of 24.70%. The agency had income of $2.03 billion for the quarter, in comparison with the consensus estimate of $2.18 billion. Equities analysis analysts anticipate that Taylor Morrison Dwelling Co. will put up 9.39 earnings per share for the present 12 months.

Institutional Inflows and Outflows

Quite a lot of hedge funds have not too long ago modified their holdings of the corporate. Dimensional Fund Advisors LP lifted its holdings in shares of Taylor Morrison Dwelling by 4.1% within the third quarter. Dimensional Fund Advisors LP now owns 8,522,766 shares of the development firm’s inventory valued at $198,754,000 after shopping for a further 333,454 shares throughout the interval. Donald Smith & CO. Inc. lifted its stake in shares of Taylor Morrison Dwelling by 0.3% within the 2nd quarter. Donald Smith & CO. Inc. now owns 5,375,050 shares of the development firm’s inventory valued at $125,561,000 after buying a further 18,684 shares throughout the interval. Apollo Administration Holdings L.P. boosted its holdings in Taylor Morrison Dwelling by 52.6% throughout the first quarter. Apollo Administration Holdings L.P. now owns 5,238,887 shares of the development firm’s inventory price $142,603,000 after shopping for a further 1,805,101 shares within the final quarter. Macquarie Group Ltd. grew its place in shares of Taylor Morrison Dwelling by 1.4% throughout the third quarter. Macquarie Group Ltd. now owns 3,156,114 shares of the development firm’s inventory valued at $73,647,000 after buying a further 44,312 shares throughout the interval. Lastly, Principal Monetary Group Inc. elevated its stake in shares of Taylor Morrison Dwelling by 1.8% within the 2nd quarter. Principal Monetary Group Inc. now owns 2,330,630 shares of the development firm’s inventory valued at $54,444,000 after buying a further 40,447 shares within the final quarter. 96.33% of the inventory is owned by institutional traders and hedge funds.

Analyst Rankings Modifications

Quite a lot of analysis companies not too long ago issued stories on TMHC. TheStreet lower Taylor Morrison Dwelling from a “b-” ranking to a “c+” ranking in a report on Tuesday, September twenty seventh. Barclays boosted their goal worth on shares of Taylor Morrison Dwelling from $30.00 to $35.00 in a analysis notice on Wednesday, December 14th. JPMorgan Chase & Co. boosted their worth goal on shares of Taylor Morrison Dwelling from $29.50 to $39.50 in a analysis report on Tuesday, November twenty second. StockNews.com lower Taylor Morrison Dwelling from a “purchase” ranking to a “maintain” ranking in a analysis notice on Tuesday, December sixth. Lastly, B. Riley lower their worth goal on Taylor Morrison Dwelling from $26.00 to $25.00 in a analysis notice on Thursday, October twenty seventh. Six funding analysts have rated the inventory with a maintain ranking and two have issued a purchase ranking to the corporate’s inventory. Primarily based on knowledge from MarketBeat.com, Taylor Morrison Dwelling presently has a consensus ranking of “Maintain” and a consensus worth goal of $32.36.

Taylor Morrison Dwelling Firm Profile

(Get Score)

Taylor Morrison Dwelling Company, along with its subsidiaries, operates as a public homebuilder in the USA. The corporate designs, builds, and sells single and multi-family indifferent and hooked up houses; and develops life-style and master-planned communities. It additionally develops and constructs multi-use properties consisting of economic house, retail, and multi-family properties beneath the City Kind model identify; and provides title insurance coverage and shutting settlement companies, in addition to monetary companies.

Additional Studying

This immediate information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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