Capital International Inc. CA Buys 6,376 Shares of D.R. Horton, Inc. (NYSE:DHI)

Capital International Inc. CA increased its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 30.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 27,616 shares of the construction company's stock after acquiring an additional 6,376 shares during the quarter. Capital International Inc. CA's holdings in D.R. Horton were worth $3,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of DHI. Nemes Rush Group LLC lifted its position in D.R. Horton by 74.5% during the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the 4th quarter worth $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in D.R. Horton in the fourth quarter worth $38,000. Rosenberg Matthew Hamilton increased its stake in D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after acquiring an additional 165 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new stake in D.R. Horton during the fourth quarter valued at about $43,000. Institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Down 1.1 %

DHI stock traded down $1.35 during trading on Friday, reaching $124.69. The company had a trading volume of 3,148,676 shares, compared to its average volume of 2,941,518. 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 52 week low of $110.44 and a 52 week high of $199.85. The business has a 50 day moving average of $125.97 and a 200 day moving average of $145.52. The company has a market cap of $39.29 billion, a P/E ratio of 8.81, a PEG ratio of 0.54 and a beta of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.73 billion during the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the prior year, the company posted $3.52 EPS. As a group, sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is presently 12.11%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DHI shares. JMP Securities reduced their price objective on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research report on Monday. BTIG Research lowered their price target on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. JPMorgan Chase & Co. reduced their price objective on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods lowered their target price on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a research note on Tuesday. Finally, Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Three investment analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $151.15.

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.