Bcwm LLC Takes Position in D.R. Horton, Inc. (NYSE:DHI)

Bcwm LLC bought a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 52,818 shares of the construction company's stock, valued at approximately $7,385,000. D.R. Horton comprises 2.6% of Bcwm LLC's portfolio, making the stock its 16th largest position.

Several other large investors have also added to or reduced their stakes in DHI. Insigneo Advisory Services LLC grew its position in D.R. Horton by 1.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company's stock worth $695,000 after purchasing an additional 67 shares during the period. Allworth Financial LP lifted its holdings in D.R. Horton by 5.5% in the fourth quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock valued at $229,000 after acquiring an additional 82 shares during the period. Secure Asset Management LLC grew its stake in shares of D.R. Horton by 4.8% during the 4th quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company's stock worth $257,000 after purchasing an additional 84 shares during the period. Horizon Investments LLC lifted its stake in shares of D.R. Horton by 1.7% in the 4th quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after purchasing an additional 91 shares during the period. Finally, Bfsg LLC increased its holdings in D.R. Horton by 24.4% in the fourth quarter. Bfsg LLC now owns 484 shares of the construction company's stock valued at $68,000 after buying an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

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Analyst Upgrades and Downgrades

A number of analysts have recently commented on DHI shares. Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. The Goldman Sachs Group dropped their target price on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. UBS Group decreased 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 research note on Wednesday, January 8th. JMP Securities reaffirmed a "market outperform" rating and set a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a report on Saturday, January 25th. 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.com, D.R. Horton has a consensus rating of "Hold" and an average price target of $170.93.

D.R. Horton Stock Performance

Shares of D.R. Horton stock traded up $0.13 on Tuesday, hitting $127.26. The stock had a trading volume of 2,112,403 shares, compared to its average volume of 2,809,303. The company's 50 day moving average price is $132.49 and its 200 day moving average price is $154.36. The stock has a market cap of $40.10 billion, a price-to-earnings ratio of 8.99, a P/E/G ratio of 0.54 and a beta of 1.80. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 52-week low of $124.23 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the firm earned $2.82 EPS. D.R. Horton's revenue for the quarter was down 1.5% on a year-over-year basis. On average, research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

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 dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio is presently 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.