Donald Smith & Company Inc Decreased Taylor Morrison Home Corp (NYSE:TMHC) Stake By $10.21 Million

August 12, 2018 - By Catherine Diaz

Taylor Morrison Home Corporation (NYSE:TMHC) LogoInvestors sentiment increased to 1.84 in Q1 2018. Its up 0.36, from 1.48 in 2017Q4. It is positive, as 18 investors sold TMHC shares while 43 reduced holdings. 38 funds opened positions while 74 raised stakes. 107.33 million shares or 34.49% more from 79.80 million shares in 2017Q4 were reported. Invesco has 71,386 shares for 0% of their portfolio. Moreover, Stratos Wealth Partners Limited has 0% invested in Taylor Morrison Home Corporation (NYSE:TMHC) for 340 shares. State Board Of Administration Of Florida Retirement has invested 0% in Taylor Morrison Home Corporation (NYSE:TMHC). Citadel Advsrs Limited Liability Com accumulated 2.32M shares or 0.03% of the stock. Mutual Of America Capital Limited holds 15,898 shares or 0.01% of its portfolio. Victory Capital holds 0% or 13,076 shares. Maltese Mngmt owns 552,500 shares for 0.88% of their portfolio. Polar Cap Limited Liability Partnership accumulated 847,290 shares. Cap Fund Mngmt reported 287,295 shares or 0.04% of all its holdings. Credit Suisse Ag, Switzerland-based fund reported 321,158 shares. Rafferty Asset Management Limited Liability Com has 43,092 shares. 200 were reported by Hanson Mcclain. Soros Fund Mgmt Ltd Company reported 901,100 shares. Principal Financial holds 1.12 million shares or 0.03% of its portfolio. The Ohio-based Meeder Asset Mgmt has invested 0.02% in Taylor Morrison Home Corporation (NYSE:TMHC).

Since February 20, 2018, it had 0 insider buys, and 1 insider sale for $138,738 activity.

Donald Smith & Company Inc decreased its stake in Taylor Morrison Home Corp (NYSE:TMHC) by 5.64% based on its latest 2018Q2 regulatory filing with the SEC. Donald Smith & Company Inc sold 510,265 shares as the company’s stock declined 7.35% with the market. The institutional investor held 8.54 million shares of the homebuilding company at the end of 2018Q2, valued at $177.44 million, down from 9.05M at the end of the previous reported quarter. Donald Smith & Company Inc who had been investing in Taylor Morrison Home Corp for a number of months, seems to be less bullish one the $2.20 billion market cap company. The stock decreased 1.80% or $0.36 during the last trading session, reaching $19.6. About 870,692 shares traded. Taylor Morrison Home Corporation (NYSE:TMHC) has declined 5.79% since August 13, 2017 and is downtrending. It has underperformed by 18.36% the S&P500.

Donald Smith & Company Inc is a New York-based institutional investor with more than $6.25 billion AUM in February, 2014. Taken from Donald Smith & Company latest Adv, the fund reported to have 9 full and part-time employees. Among which 7 performing investment advisory and research functions. The institutional investor had between 26-100 clients.

Taylor Morrison Home Corporation (NYSE:TMHC) Ratings Coverage

Among 6 analysts covering Taylor Morrison Home (NYSE:TMHC), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Taylor Morrison Home had 6 analyst reports since February 23, 2018 according to SRatingsIntel. Wells Fargo maintained Taylor Morrison Home Corporation (NYSE:TMHC) rating on Friday, June 8. Wells Fargo has “Buy” rating and $33.5000 target. Susquehanna maintained it with “Positive” rating and $30 target in Thursday, August 2 report. The firm earned “Hold” rating on Thursday, June 7 by FBR Capital. The stock of Taylor Morrison Home Corporation (NYSE:TMHC) has “Market Outperform” rating given on Thursday, August 2 by JMP Securities. The stock has “Equal-Weight” rating by Barclays Capital on Monday, March 26. The firm has “Buy” rating by Deutsche Bank given on Friday, February 23.

Taylor Morrison Home Corporation operates as a public homebuilder in the United States. The company has market cap of $2.20 billion. The firm designs, builds, and sells single-family detached and attached homes; and develops lifestyle and master planned communities. It has a 17.09 P/E ratio. It operates under the Taylor Morrison and Darling Homes brands in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina and Texas.

More notable recent Taylor Morrison Home Corporation (NYSE:TMHC) news were published by: Seekingalpha.com which released: “Taylor Morrison (TMHC) CEO Sheryl Palmer on Q2 2018 Results – Earnings Call Transcript” on August 01, 2018, also Nasdaq.com with their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Archer Daniels Midland, Tiffany, Molson Coors …” published on August 10, 2018, Bizjournals.com published: “Phoenix homebuilder joins handful of US public companies with majority female boards” on July 20, 2018. More interesting news about Taylor Morrison Home Corporation (NYSE:TMHC) were released by: Bizjournals.com and their article: “Scottsdale homebuilders set for vote on once-controversial South Phoenix infill project” published on August 10, 2018 as well as Digitaljournal.com‘s news article titled: “NASDAQ:AVHI Shareholder Alert: Lawsuit Filed Against Acquisition of AV Homes, Inc” with publication date: August 10, 2018.

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

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