AXQ Capital LP Grows Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

AXQ Capital LP raised its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 42.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,260 shares of the construction company's stock after purchasing an additional 2,156 shares during the quarter. AXQ Capital LP's holdings in D.R. Horton were worth $1,015,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of DHI. Plancorp LLC raised its stake in shares of D.R. Horton by 15.9% during the fourth quarter. Plancorp LLC now owns 1,991 shares of the construction company's stock worth $278,000 after acquiring an additional 273 shares in the last quarter. Mizuho Securities USA LLC increased its stake in shares of D.R. Horton by 45.3% during the fourth quarter. Mizuho Securities USA LLC now owns 27,639 shares of the construction company's stock valued at $3,864,000 after purchasing an additional 8,611 shares in the last quarter. Quantbot Technologies LP purchased a new position in D.R. Horton during the fourth quarter valued at $7,407,000. Sciencast Management LP lifted its stake in shares of D.R. Horton by 29.0% in the fourth quarter. Sciencast Management LP now owns 5,030 shares of the construction company's stock worth $703,000 after buying an additional 1,130 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its holdings in shares of D.R. Horton by 5.4% during the 4th quarter. HUB Investment Partners LLC now owns 63,598 shares of the construction company's stock valued at $8,892,000 after acquiring an additional 3,230 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analysts Forecast Growth

Several analysts recently issued reports on DHI shares. Wedbush restated a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. JMP Securities reaffirmed a "market outperform" rating and issued a $210.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. UBS Group cut their price target on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research note on Saturday, January 25th. Finally, Barclays reduced their target price on shares of 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. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $170.93.

D.R. Horton Stock Up 0.6 %

Shares of NYSE DHI traded up $0.72 during mid-day trading on Tuesday, hitting $131.07. The company had a trading volume of 1,574,784 shares, compared to its average volume of 3,720,286. D.R. Horton, Inc. has a 1-year low of $124.23 and a 1-year high of $199.85. The company has a market capitalization of $41.30 billion, a PE ratio of 9.26, 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. The business's 50-day simple moving average is $134.26 and its 200 day simple moving average is $156.43.

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

D.R. Horton Announces Dividend

The firm also recently declared 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 1.22%. D.R. Horton's dividend payout ratio (DPR) is 11.31%.

About D.R. Horton

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.