D.R. Horton, Inc. (NYSE:DHI) Shares Purchased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB boosted its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 47.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,897 shares of the construction company's stock after buying an additional 2,526 shares during the period. Wilmington Savings Fund Society FSB's holdings in D.R. Horton were worth $1,104,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vest Financial LLC grew its position in D.R. Horton by 67.2% in the 4th quarter. Vest Financial LLC now owns 233,188 shares of the construction company's stock valued at $32,604,000 after buying an additional 93,706 shares during the last quarter. Conning Inc. boosted its position in shares of D.R. Horton by 30.3% during the 4th quarter. Conning Inc. now owns 4,534 shares of the construction company's stock worth $634,000 after purchasing an additional 1,054 shares in the last quarter. BLB&B Advisors LLC boosted its position in shares of D.R. Horton by 1.1% during the 4th quarter. BLB&B Advisors LLC now owns 60,082 shares of the construction company's stock worth $8,401,000 after purchasing an additional 626 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton during the 4th quarter worth $30,000. Finally, Lecap Asset Management Ltd. purchased a new stake in shares of D.R. Horton during the 4th quarter worth $3,275,000. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Barbara K. Allen sold 5,650 shares of the company's stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company's stock.

D.R. Horton Price Performance

DHI stock traded up $1.29 during trading on Friday, hitting $130.63. The stock had a trading volume of 2,477,779 shares, compared to its average volume of 3,670,786. The company's 50 day moving average price is $142.12 and its two-hundred day moving average price is $166.44. D.R. Horton, Inc. has a 1-year low of $125.84 and a 1-year high of $199.85. The stock has a market cap of $41.16 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. 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 announced its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the previous year, the company posted $2.82 EPS. The firm's revenue for the quarter was down 1.5% on a year-over-year basis. On average, sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton's dividend payout ratio is currently 11.31%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. UBS Group decreased 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. The Goldman Sachs Group decreased their target price on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Barclays decreased their target price on shares of D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an "outperform" rating to a "market perform" rating and decreased their price objective for the stock from $200.00 to $183.00 in a research report on Tuesday, December 10th. Finally, Evercore ISI decreased their price objective on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 30th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price 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.