Blueshift Asset Management LLC Has $579,000 Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Blueshift Asset Management LLC raised its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 280.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,138 shares of the construction company's stock after acquiring an additional 3,049 shares during the period. Blueshift Asset Management LLC's holdings in D.R. Horton were worth $579,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new stake in shares of D.R. Horton during the 4th quarter worth approximately $30,000. FSA Wealth Management LLC bought a new stake in D.R. Horton during the third quarter worth $47,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of D.R. Horton in the 4th quarter valued at $38,000. Rosenberg Matthew Hamilton increased its stake in shares of D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after purchasing an additional 165 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new position in shares of D.R. Horton during the 4th quarter worth $43,000. 90.63% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on DHI shares. Wedbush reaffirmed a "neutral" rating and issued a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. Citigroup lowered their price objective on shares of 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. JMP Securities restated a "market outperform" rating and issued a $210.00 target price on shares of D.R. Horton in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group lowered their price target on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $170.93.

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D.R. Horton Trading Down 0.6 %

D.R. Horton stock traded down $0.80 during mid-day trading on Tuesday, hitting $129.55. 3,659,093 shares of the stock were exchanged, compared to its average volume of 2,691,779. The stock has a market capitalization of $40.82 billion, a price-to-earnings ratio of 9.16, a PEG ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. 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 firm's fifty day simple moving average is $134.26 and its two-hundred day simple moving average is $156.43.

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

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.24%. D.R. Horton's payout ratio is currently 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.