Banco Santander S.A. Has $24.41 Million Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Banco Santander S.A. grew its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 19.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,568 shares of the construction company's stock after acquiring an additional 28,484 shares during the quarter. Banco Santander S.A. owned 0.06% of D.R. Horton worth $24,408,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Golden State Equity Partners boosted its position in D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after acquiring an additional 3,171 shares during the last quarter. KBC Group NV boosted its position in D.R. Horton by 360.0% during the 3rd quarter. KBC Group NV now owns 271,038 shares of the construction company's stock worth $51,706,000 after acquiring an additional 212,112 shares during the last quarter. Toronto Dominion Bank boosted its position in D.R. Horton by 17.3% during the 3rd quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company's stock worth $20,025,000 after acquiring an additional 15,460 shares during the last quarter. Pensionfund Sabic boosted its position in D.R. Horton by 70.2% during the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock worth $1,356,000 after acquiring an additional 4,000 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position in D.R. Horton by 904.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 40,847 shares of the construction company's stock worth $7,795,000 after acquiring an additional 36,780 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

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D.R. Horton Stock Performance

DHI traded down $0.54 during trading hours on Friday, reaching $133.42. The company's stock had a trading volume of 4,496,628 shares, compared to its average volume of 2,672,260. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The company's 50-day moving average is $136.37 and its 200-day moving average is $161.08. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. The firm has a market cap of $42.04 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts' consensus estimates 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 firm had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period in the prior year, the firm posted $2.82 EPS. The company's revenue for the quarter was down 1.5% on a year-over-year basis. On average, equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio is 11.31%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DHI shares. JPMorgan Chase & Co. cut D.R. Horton from a "neutral" rating to an "underweight" rating and dropped their price objective for the stock from $188.00 to $156.00 in a research note on Friday, December 13th. Citigroup dropped their price objective on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Keefe, Bruyette & Woods cut D.R. Horton from an "outperform" rating to a "market perform" rating and dropped their price objective for the stock from $200.00 to $183.00 in a research note on Tuesday, December 10th. Wedbush reiterated a "neutral" rating and set a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Finally, JMP Securities reiterated a "market outperform" rating and set a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, D.R. Horton currently has a consensus rating of "Hold" and a consensus price target of $170.93.

About D.R. Horton

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.