Dimensional Fund Advisors LP Acquires 72,161 Shares of D.R. Horton, Inc. (NYSE:DHI)

Dimensional Fund Advisors LP raised its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,475,995 shares of the construction company's stock after buying an additional 72,161 shares during the quarter. Dimensional Fund Advisors LP owned about 1.10% of D.R. Horton worth $485,984,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nemes Rush Group LLC boosted its holdings in shares of D.R. Horton by 74.5% in the 4th 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 in the last quarter. Golden State Wealth Management LLC bought a new position in D.R. Horton in the fourth quarter valued at about $30,000. Rosenberg Matthew Hamilton lifted its holdings in shares of D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after acquiring an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton during the 4th quarter valued at approximately $38,000. Finally, Sierra Ocean LLC acquired a new position in D.R. Horton during the 4th quarter worth approximately $43,000. Institutional investors own 90.63% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Wedbush reiterated a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. Wells Fargo & Company reduced their price target on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. UBS Group cut their target price on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Citigroup dropped their price target on shares of D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research note on Monday, January 6th. Finally, Barclays decreased their price objective on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating for the company in a report on Monday. Three analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, D.R. Horton has an average rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Trading Up 1.0 %

NYSE DHI traded up $1.27 during trading hours on Thursday, hitting $126.06. 3,309,235 shares of the company's stock were exchanged, compared to its average volume of 3,857,615. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock has a 50-day simple moving average of $126.07 and a 200 day simple moving average of $145.93. The firm has a market cap of $39.72 billion, a price-to-earnings ratio of 8.91, a PEG ratio of 0.54 and a beta of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 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 company had revenue of $7.73 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same period last year, the business earned $3.52 EPS. On average, equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

D.R. Horton 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.