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

August 12, 2018 - By James Douglas

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 improved, 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. State Common Retirement Fund invested in 152,190 shares or 0% of the stock. Vanguard Gp invested 0.01% in Taylor Morrison Home Corporation (NYSE:TMHC). Qs Invsts Ltd Liability Corp accumulated 0% or 25 shares. D E Shaw Inc, New York-based fund reported 832,337 shares. Hotchkis & Wiley Limited Liability Corporation accumulated 0% or 52,259 shares. Carlson Cap Lp accumulated 746,600 shares. New York State Teachers Retirement Systems holds 0% or 9,900 shares. Ejf Limited Liability Company invested 1.93% in Taylor Morrison Home Corporation (NYSE:TMHC). Moreover, Canada Pension Plan Board has 0.03% invested in Taylor Morrison Home Corporation (NYSE:TMHC) for 777,400 shares. Jpmorgan Chase Com accumulated 2.14M shares. Los Angeles Cap Management And Equity has 209,084 shares for 0.03% of their portfolio. Hanson Mcclain holds 0% or 200 shares. Moreover, Bluemountain Cap Management Ltd Liability has 0.03% invested in Taylor Morrison Home Corporation (NYSE:TMHC). 9,075 were accumulated by Meeder Asset. Bnp Paribas Arbitrage Sa holds 23,198 shares.

Since February 20, 2018, it had 0 buys, and 1 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 $177.44M, down from 9.05 million 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. The rating was maintained by Wells Fargo on Friday, June 8 with “Buy”. JMP Securities maintained Taylor Morrison Home Corporation (NYSE:TMHC) on Thursday, August 2 with “Market Outperform” rating. Susquehanna maintained the shares of TMHC in report on Thursday, August 2 with “Positive” rating. Barclays Capital maintained Taylor Morrison Home Corporation (NYSE:TMHC) on Monday, March 26 with “Equal-Weight” rating. FBR Capital maintained Taylor Morrison Home Corporation (NYSE:TMHC) on Thursday, June 7 with “Hold” rating. On Friday, February 23 the stock rating was maintained by Deutsche Bank with “Buy”.

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 Digitaljournal.com with their article: “NASDAQ:AVHI Shareholder Alert: Lawsuit Filed Against Acquisition of AV Homes, Inc” 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 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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