Personal CFO Solutions LLC Trims Holdings in D.R. Horton, Inc. (NYSE:DHI)

Personal CFO Solutions LLC cut its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 61.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,139 shares of the construction company's stock after selling 3,391 shares during the period. Personal CFO Solutions LLC's holdings in D.R. Horton were worth $299,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in DHI. Golden State Equity Partners increased its holdings in shares of D.R. Horton by 435.6% in the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock valued at $545,000 after acquiring an additional 3,171 shares during the last quarter. KBC Group NV boosted its holdings in D.R. Horton by 360.0% in the third quarter. KBC Group NV now owns 271,038 shares of the construction company's stock worth $51,706,000 after purchasing an additional 212,112 shares during the period. Toronto Dominion Bank increased its stake in D.R. Horton by 17.3% during the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company's stock valued at $20,025,000 after purchasing an additional 15,460 shares during the last quarter. Pensionfund Sabic raised its holdings in shares of D.R. Horton by 70.2% during the fourth quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock worth $1,356,000 after purchasing an additional 4,000 shares during the period. Finally, Benjamin Edwards Inc. lifted its position in shares of D.R. Horton by 904.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 40,847 shares of the construction company's stock worth $7,795,000 after buying an additional 36,780 shares during the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

DHI has been the topic of several research reports. Keefe, Bruyette & Woods lowered shares of 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. StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research report on Saturday, January 25th. Royal Bank of Canada restated an "underperform" rating and set a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. JMP Securities reaffirmed 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, Wells Fargo & Company reduced their price target on shares of D.R. Horton from $190.00 to $175.00 and set an "overweight" rating for the company in a report on Tuesday, December 17th. Two investment 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 company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $170.93.

D.R. Horton Price Performance

Shares of NYSE DHI traded up $1.49 during trading on Friday, hitting $126.78. The company had a trading volume of 2,668,601 shares, compared to its average volume of 2,694,853. The company has a market cap of $39.95 billion, a P/E ratio of 8.96, a PEG ratio of 0.54 and a beta of 1.80. 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 business's 50-day moving average is $135.64 and its 200 day moving average is $159.66. 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 announced its earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the business posted $2.82 earnings per share. D.R. Horton's revenue was down 1.5% compared to the same quarter last year. Equities research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share 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. Investors of record on Friday, February 7th were paid a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. D.R. Horton's payout ratio is 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.