D.R. Horton, Inc. (NYSE:DHI) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 42.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 133,771 shares of the construction company's stock after acquiring an additional 39,722 shares during the period. Sanctuary Advisors LLC's holdings in D.R. Horton were worth $25,519,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in DHI. Bfsg LLC grew its position in shares of D.R. Horton by 70.5% in the second quarter. Bfsg LLC now owns 179 shares of the construction company's stock valued at $25,000 after purchasing an additional 74 shares in the last quarter. Coastline Trust Co purchased a new stake in D.R. Horton in the 3rd quarter valued at $26,000. Signature Resources Capital Management LLC purchased a new stake in D.R. Horton in the 2nd quarter valued at $31,000. Rakuten Securities Inc. raised its holdings in shares of D.R. Horton by 216.7% during the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock worth $33,000 after acquiring an additional 117 shares during the period. Finally, Wolff Wiese Magana LLC boosted its position in shares of D.R. Horton by 1,306.7% during the 3rd quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company's stock valued at $40,000 after acquiring an additional 196 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on DHI shares. Evercore ISI decreased their target price on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating on the stock in a report on Wednesday, October 30th. Royal Bank of Canada decreased their price objective on D.R. Horton from $154.00 to $145.00 and set an "underperform" rating on the stock in a report on Wednesday, October 30th. Wedbush raised D.R. Horton from an "underperform" rating to a "neutral" rating and set a $165.00 target price for the company in a research note on Tuesday, October 15th. JPMorgan Chase & Co. lowered D.R. Horton from a "neutral" rating to an "underweight" rating and decreased their price target for the company from $188.00 to $156.00 in a research note on Friday. Finally, Bank of America raised their price objective on D.R. Horton from $196.00 to $215.00 and gave the stock a "buy" rating in a research report on Thursday, September 19th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, D.R. Horton has a consensus rating of "Hold" and an average target price of $180.60.

D.R. Horton Stock Down 2.1 %

Shares of NYSE:DHI traded down $3.15 during trading hours on Friday, reaching $148.06. The stock had a trading volume of 1,869,830 shares, compared to its average volume of 2,501,050. D.R. Horton, Inc. has a 1 year low of $133.02 and a 1 year high of $199.85. The firm's 50 day moving average is $171.71 and its 200-day moving average is $168.74. The stock has a market capitalization of $47.55 billion, a price-to-earnings ratio of 10.53, a P/E/G ratio of 0.57 and a beta of 1.71. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.61 and a current ratio of 7.32.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.25). The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.22 billion. D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The business's quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the company earned $4.45 EPS. Research analysts predict that D.R. Horton, Inc. will post 14.17 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were paid a dividend of $0.40 per share. This is a boost from D.R. Horton's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a $1.60 annualized dividend and a yield of 1.08%. D.R. Horton's payout ratio is presently 11.14%.

Insider Activity at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.74% of the stock is currently owned by corporate insiders.

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.