D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG boosted its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 60.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 14,690 shares of the construction company's stock after purchasing an additional 5,535 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in D.R. Horton were worth $2,054,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cannell & Spears LLC grew its position in shares of D.R. Horton by 147.6% in the fourth quarter. Cannell & Spears LLC now owns 125,462 shares of the construction company's stock valued at $17,542,000 after purchasing an additional 74,786 shares during the period. Alliancebernstein L.P. grew its holdings in D.R. Horton by 5.3% in the 4th quarter. Alliancebernstein L.P. now owns 551,701 shares of the construction company's stock valued at $77,139,000 after buying an additional 27,621 shares during the period. AIA Group Ltd increased its stake in shares of D.R. Horton by 15.2% during the 4th quarter. AIA Group Ltd now owns 4,662 shares of the construction company's stock valued at $652,000 after acquiring an additional 616 shares during the last quarter. Bcwm LLC acquired a new position in shares of D.R. Horton during the 4th quarter valued at about $7,385,000. Finally, Physician Wealth Advisors Inc. purchased a new position in shares of D.R. Horton during the 4th quarter worth about $54,000. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on DHI. Royal Bank of Canada reiterated an "underperform" rating and issued a $125.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a report on Saturday, January 25th. JPMorgan Chase & Co. cut D.R. Horton from a "neutral" rating to an "underweight" rating and reduced their price objective for the stock from $188.00 to $156.00 in a research note on Friday, December 13th. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Finally, Barclays lowered their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, D.R. Horton has a consensus rating of "Hold" and an average price target of $170.93.

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D.R. Horton Stock Performance

Shares of DHI traded down $4.99 during mid-day trading on Monday, hitting $122.88. The stock had a trading volume of 2,332,369 shares, compared to its average volume of 2,855,357. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The company has a market cap of $38.72 billion, a PE ratio of 8.68, a PEG ratio of 0.54 and a beta of 1.61. D.R. Horton, Inc. has a fifty-two week low of $118.00 and a fifty-two week high of $199.85. The company's fifty day simple moving average is $131.02 and its two-hundred day simple moving average is $152.44.

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

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.30%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio (DPR) is 11.31%.

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.