D.R. Horton (NYSE:DHI) Raised to Hold at StockNews.com

D.R. Horton (NYSE:DHI - Get Free Report) was upgraded by equities researchers at StockNews.com from a "sell" rating to a "hold" rating in a note issued to investors on Friday.

A number of other equities research analysts have also commented on DHI. Barclays decreased their price objective on D.R. Horton from $170.00 to $150.00 and set an "equal weight" rating for the company in a research report on Thursday. Royal Bank of Canada lowered their price target on shares of D.R. Horton from $154.00 to $145.00 and set an "underperform" rating on the stock in a report on Wednesday, October 30th. JPMorgan Chase & Co. downgraded D.R. Horton from a "neutral" rating to an "underweight" rating and lowered their target price for the company from $188.00 to $156.00 in a research note on Friday, December 13th. Wedbush raised D.R. Horton from an "underperform" rating to a "neutral" rating and set a $165.00 target price on the stock in a research report on Tuesday, October 15th. Finally, The Goldman Sachs Group reduced their price target on D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $175.20.

D.R. Horton Price Performance

Shares of NYSE DHI traded up $1.23 during mid-day trading on Friday, reaching $147.83. 3,246,007 shares of the company traded hands, compared to its average volume of 3,183,941. D.R. Horton has a fifty-two week low of $133.02 and a fifty-two week high of $199.85. The firm has a market cap of $47.43 billion, a PE ratio of 10.29, a price-to-earnings-growth ratio of 0.51 and a beta of 1.75. The stock has a fifty day simple moving average of $152.70 and a 200-day simple moving average of $168.64. The company has a debt-to-equity ratio of 0.23, a current ratio of 7.32 and a quick ratio of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing analysts' consensus estimates of $4.17 by ($0.25). The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.22 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm's revenue for the quarter was down 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.45 earnings per share. Equities research analysts anticipate that D.R. Horton will post 14.03 EPS for the current fiscal year.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the business's stock in a transaction that occurred on 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 can be accessed through this link. Insiders own 0.54% of the company's stock.

Institutional Investors Weigh In On D.R. Horton

A number of institutional investors have recently bought and sold shares of the business. Coastline Trust Co bought a new stake in shares of D.R. Horton in the 3rd quarter valued at approximately $26,000. Rakuten Securities Inc. grew its position in D.R. Horton by 216.7% in the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock valued at $33,000 after acquiring an additional 117 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in shares of D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after acquiring an additional 165 shares during the period. Wolff Wiese Magana LLC grew its holdings in shares of D.R. Horton by 1,306.7% in the 3rd quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company's stock worth $40,000 after purchasing an additional 196 shares during the last quarter. Finally, Grove Bank & Trust increased its position in shares of D.R. Horton by 76.2% during the 3rd quarter. Grove Bank & Trust now owns 215 shares of the construction company's stock worth $41,000 after purchasing an additional 93 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

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.