Could Taylor Morrison Home Corporation Class A (NYSE:TMHC) Go Down After Its Newest Short Interest Report?

September 30, 2018 - By Pearl Odom

Taylor Morrison Home Corporation (NYSE:TMHC) Logo

Investors sentiment decreased to 1.07 in 2018 Q2. Its down 0.77, from 1.84 in 2018Q1. It is negative, as 29 investors sold Taylor Morrison Home Corporation shares while 52 reduced holdings. 30 funds opened positions while 57 raised stakes. 109.83 million shares or 2.33% more from 107.33 million shares in 2018Q1 were reported.
Susquehanna International Group Limited Liability Partnership stated it has 0% of its portfolio in Taylor Morrison Home Corporation (NYSE:TMHC). Goldman Sachs Group owns 1.91 million shares for 0.01% of their portfolio. Captrust stated it has 504 shares or 0% of all its holdings. New Amsterdam Partners Ltd Liability Co owns 232,418 shares. 9,926 were accumulated by Cipher Capital L P. Ejf Cap reported 0.04% of its portfolio in Taylor Morrison Home Corporation (NYSE:TMHC). State Board Of Administration Of Florida Retirement Sys reported 58,634 shares stake. First Mercantile Communication has invested 0.03% of its portfolio in Taylor Morrison Home Corporation (NYSE:TMHC). Bnp Paribas Arbitrage Sa reported 65,621 shares stake. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Taylor Morrison Home Corporation (NYSE:TMHC). Tower Cap Llc (Trc) owns 19 shares for 0% of their portfolio. The New York-based Greenhaven Associates has invested 0.88% in Taylor Morrison Home Corporation (NYSE:TMHC). Soros Fund Mngmt Ltd Liability Corporation holds 0.26% or 782,039 shares in its portfolio. Geode Capital Mngmt Limited Liability holds 0.01% or 1.82 million shares. Meeder Asset invested in 0% or 26,282 shares.

The stock of Taylor Morrison Home Corporation Class A (NYSE:TMHC) registered a decrease of 15.67% in short interest. TMHC’s total short interest was 2.40 million shares in September as published by FINRA. Its down 15.67% from 2.84M shares, reported previously. With 702,100 shares average volume, it will take short sellers 3 days to cover their TMHC’s short positions.

The stock decreased 1.42% or $0.26 during the last trading session, reaching $18.04. About 723,398 shares traded. Taylor Morrison Home Corporation (NYSE:TMHC) has declined 6.86% since September 30, 2017 and is downtrending. It has underperformed by 22.48% the S&P500.

Taylor Morrison Home Corporation operates as a public homebuilder in the United States. The company has market cap of $2.03 billion. The firm designs, builds, and sells single-family detached and attached homes; and develops lifestyle and master planned communities. It has a 15.73 P/E ratio. It operates under the Taylor Morrison and Darling Homes brands in Arizona, California, Colorado, Florida, Georgia, Illinois, North Carolina and Texas.

Taylor Morrison Home Corporation (NYSE:TMHC) Ratings Coverage

Among 5 analysts covering Taylor Morrison (NYSE:TMHC), 3 have Buy rating, 1 Sell and 1 Hold. Therefore 60% are positive. Taylor Morrison had 5 analyst reports since June 8, 2018 according to SRatingsIntel. The rating was maintained by JMP Securities on Thursday, August 2 with “Market Outperform”. The company was downgraded on Friday, September 14 by Barclays Capital. Wells Fargo maintained the stock with “Buy” rating in Friday, June 8 report. On Thursday, June 7 the stock rating was maintained by FBR Capital with “Hold”. On Thursday, August 2 the stock rating was maintained by Susquehanna with “Positive”.

Another recent and important Taylor Morrison Home Corporation (NYSE:TMHC) news was published by which published an article titled: “Benzinga’s Top Upgrades, Downgrades For September 14, 2018” on September 14, 2018.

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

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