HUB Investment Partners LLC Acquires 3,230 Shares of D.R. Horton, Inc. (NYSE:DHI)

HUB Investment Partners LLC raised its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 5.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,598 shares of the construction company's stock after buying an additional 3,230 shares during the quarter. HUB Investment Partners LLC's holdings in D.R. Horton were worth $8,892,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in D.R. Horton in the 4th quarter worth approximately $30,000. Rosenberg Matthew Hamilton boosted 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 period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton during the 4th quarter valued at $38,000. Sierra Ocean LLC purchased a new stake in D.R. Horton during the 4th quarter worth about $43,000. Finally, FSA Wealth Management LLC purchased a new position in D.R. Horton during the 3rd quarter valued at about $47,000. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Barclays reduced their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a research note on Wednesday, January 22nd. 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 report on Wednesday, January 8th. Keefe, Bruyette & Woods lowered D.R. Horton from an "outperform" rating to a "market perform" rating and dropped their price objective for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. Wedbush restated a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. Finally, Bank of America cut D.R. Horton from a "buy" rating to a "neutral" rating and lowered their price target for the company from $160.00 to $150.00 in a report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and a consensus price target of $170.93.

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D.R. Horton Trading Up 1.3 %

Shares of NYSE:DHI traded up $1.65 on Monday, reaching $130.49. 2,650,020 shares of the company traded hands, compared to its average volume of 2,692,338. The stock has a market capitalization of $41.12 billion, a P/E ratio of 9.22, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The business's 50-day simple moving average is $134.26 and its 200 day simple moving average is $156.43. 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 posted its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the company earned $2.82 EPS. D.R. Horton's revenue for the quarter was down 1.5% compared to the same quarter last year. As a group, equities analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were given a dividend of $0.40 per share. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.23%. D.R. Horton's payout ratio is currently 11.31%.

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.