Callan Family Office LLC Grows Holdings in D.R. Horton, Inc. (NYSE:DHI)

Callan Family Office LLC grew its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 491.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,147 shares of the construction company's stock after buying an additional 6,770 shares during the period. Callan Family Office LLC's holdings in D.R. Horton were worth $1,139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in the business. Covestor Ltd lifted its stake in D.R. Horton by 6.6% during the third quarter. Covestor Ltd now owns 1,064 shares of the construction company's stock worth $203,000 after purchasing an additional 66 shares during the last quarter. Insigneo Advisory Services LLC raised its holdings in D.R. Horton by 1.9% during the third 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 in the last quarter. Demars Financial Group LLC lifted its position in shares of D.R. Horton by 3.5% during the 3rd quarter. Demars Financial Group LLC now owns 2,197 shares of the construction company's stock worth $419,000 after buying an additional 74 shares during the last quarter. Private Trust Co. NA lifted its position in shares of D.R. Horton by 1.0% during the 3rd quarter. Private Trust Co. NA now owns 7,620 shares of the construction company's stock worth $1,454,000 after buying an additional 78 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in shares of D.R. Horton by 5.5% in the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock valued at $229,000 after buying an additional 82 shares in the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

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D.R. Horton Price Performance

D.R. Horton stock traded down $0.54 during midday trading on Friday, reaching $133.42. The company's stock had a trading volume of 4,496,628 shares, compared to its average volume of 2,672,260. The firm has a market capitalization of $42.04 billion, a PE ratio of 9.43, a P/E/G ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a fifty-two week low of $124.23 and a fifty-two week high of $199.85. The stock's 50 day simple moving average is $136.37 and its 200 day simple moving average is $161.08. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92.

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

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton's payout ratio is currently 11.31%.

Analyst Ratings Changes

Several equities research analysts recently commented on DHI shares. Barclays cut their price target on shares of D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 22nd. The Goldman Sachs Group reduced their target price on D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Citigroup decreased their target price on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Wells Fargo & Company cut their price target on D.R. Horton from $190.00 to $175.00 and set an "overweight" rating on the stock in a research report on Tuesday, December 17th. Finally, Bank of America downgraded D.R. Horton from a "buy" rating to a "neutral" rating and decreased their price objective for the company from $160.00 to $150.00 in a report on Monday, January 27th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, D.R. Horton has an average rating of "Hold" and a consensus price target 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.