Argentarii LLC Invests $761,000 in D.R. Horton, Inc. (NYSE:DHI)

Argentarii LLC acquired a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,439 shares of the construction company's stock, valued at approximately $761,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in DHI. Coastline Trust Co purchased a new stake in D.R. Horton during the third quarter worth $26,000. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton during the 4th quarter worth about $30,000. Rakuten Securities Inc. grew its position in shares of D.R. Horton by 216.7% during the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock valued at $33,000 after acquiring an additional 117 shares during the period. Rosenberg Matthew Hamilton increased its stake in shares of D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after purchasing an additional 165 shares in the last quarter. Finally, Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.R. Horton in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Price Performance

Shares of NYSE:DHI traded down $3.48 during midday trading on Thursday, hitting $125.19. The company had a trading volume of 3,396,107 shares, compared to its average volume of 2,693,921. The business's 50-day simple moving average is $135.89 and its 200-day simple moving average is $159.90. The stock has a market cap of $39.45 billion, a price-to-earnings ratio of 8.85, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a twelve month low of $124.23 and a twelve month high of $199.85.

Remove Ads

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. The firm had revenue of $7.61 billion during the quarter, compared to analysts' expectations of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. D.R. Horton's revenue was down 1.5% compared to the same quarter last year. During the same period last year, the business earned $2.82 earnings per share. On average, research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.28%. D.R. Horton's payout ratio is 11.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Citigroup lowered their price target on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating on the stock in a research report on Monday, January 6th. Barclays decreased their target price on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 22nd. Wells Fargo & Company cut their price target on shares of D.R. Horton from $190.00 to $175.00 and set an "overweight" rating for the company in a report on Tuesday, December 17th. Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Finally, StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Saturday, January 25th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $170.93.

D.R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.