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

August 12, 2018 - By Sonya McDaniel

Taylor Morrison Home Corporation (NYSE:TMHC) LogoInvestors sentiment increased to 1.84 in 2018 Q1. Its up 0.36, from 1.48 in 2017Q4. It increased, 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. Rhumbline Advisers reported 0% stake. Hsbc Holding Pcl owns 162,255 shares. Menta Capital Ltd Co holds 19,005 shares. Royal Fincl Bank Of Canada holds 232,150 shares or 0% of its portfolio. First Interstate Savings Bank holds 0.04% or 8,050 shares in its portfolio. Piermont Capital Mngmt Inc owns 122,615 shares or 0.95% of their US portfolio. 1.20 million were reported by Fincl Bank Of New York Mellon. New York-based Mutual Of America Mgmt Ltd Company has invested 0.01% in Taylor Morrison Home Corporation (NYSE:TMHC). Trexquant Investment Limited Partnership has 0.04% invested in Taylor Morrison Home Corporation (NYSE:TMHC) for 22,596 shares. Principal Fin Grp Incorporated owns 0.03% invested in Taylor Morrison Home Corporation (NYSE:TMHC) for 1.12 million shares. Geode Cap Limited Liability owns 0.02% invested in Taylor Morrison Home Corporation (NYSE:TMHC) for 2.14 million shares. Hanson Mcclain stated it has 0% in Taylor Morrison Home Corporation (NYSE:TMHC). Brandes Ptnrs L P holds 0.32% or 643,763 shares in its portfolio. Vanguard stated it has 10.16 million shares. Ser Automobile Association has 20,985 shares for 0% of their portfolio.

Since February 20, 2018, it had 0 insider purchases, 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 8.54M 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. On Thursday, June 7 the stock rating was maintained by FBR Capital with “Hold”. The firm has “Buy” rating given on Friday, June 8 by Wells Fargo. The firm has “Market Outperform” rating given on Thursday, August 2 by JMP Securities. The firm has “Equal-Weight” rating by Barclays Capital given on Monday, March 26. Susquehanna maintained Taylor Morrison Home Corporation (NYSE:TMHC) rating on Thursday, August 2. Susquehanna has “Positive” rating and $30 target. Deutsche Bank maintained it with “Buy” rating and $28 target in Friday, February 23 report.

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

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

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