D.R. Horton (NYSE:DHI) Earns Equal Weight Rating from Barclays

D.R. Horton (NYSE:DHI - Get Free Report)'s stock had its "equal weight" rating reiterated by equities researchers at Barclays in a report issued on Wednesday, MarketBeat Ratings reports. They presently have a $170.00 price objective on the construction company's stock, down from their previous price objective of $192.00. Barclays's price objective would suggest a potential upside of 10.61% from the stock's current price.

Several other analysts also recently weighed in on the stock. UBS Group decreased their price target on shares of D.R. Horton from $217.00 to $214.00 and set a "buy" rating for the company in a research note on Wednesday, October 30th. Keefe, Bruyette & Woods downgraded D.R. Horton from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from $200.00 to $183.00 in a research report on Tuesday. Wedbush upgraded D.R. Horton from an "underperform" rating to a "neutral" rating and set a $165.00 price objective for the company in a report on Tuesday, October 15th. Bank of America raised their target price on shares of D.R. Horton from $196.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, September 19th. Finally, JPMorgan Chase & Co. upped their price target on shares of D.R. Horton from $180.00 to $188.00 and gave the stock a "neutral" rating in a research report on Monday, November 4th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $182.73.

D.R. Horton Trading Down 2.1 %

NYSE DHI traded down $3.30 on Wednesday, hitting $153.70. 3,564,966 shares of the stock were exchanged, compared to its average volume of 2,504,608. The stock has a fifty day moving average price of $173.23 and a two-hundred day moving average price of $168.97. The firm has a market capitalization of $49.36 billion, a P/E ratio of 10.74, a P/E/G ratio of 0.58 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 has a 52-week low of $133.02 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The construction company reported $3.92 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.25). D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The business had revenue of $10 billion during the quarter, compared to analysts' expectations of $10.22 billion. During the same quarter in the previous year, the company posted $4.45 earnings per share. The company's quarterly revenue was down 4.7% compared to the same quarter last year. Research analysts forecast that D.R. Horton will post 14.26 EPS for the current fiscal year.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton 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 value of $921,515.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 1.74% of the stock is owned by corporate insiders.

Institutional Trading of D.R. Horton

A number of institutional investors and hedge funds have recently made changes to their positions in DHI. TCI Wealth Advisors Inc. raised its stake in shares of D.R. Horton by 4.1% in the 3rd quarter. TCI Wealth Advisors Inc. now owns 1,487 shares of the construction company's stock valued at $284,000 after acquiring an additional 58 shares during the period. Premier Path Wealth Partners LLC boosted its holdings in D.R. Horton by 1.0% during the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,186 shares of the construction company's stock valued at $872,000 after acquiring an additional 59 shares during the period. Coldstream Capital Management Inc. increased its stake in D.R. Horton by 1.2% during the second quarter. Coldstream Capital Management Inc. now owns 5,245 shares of the construction company's stock worth $739,000 after purchasing an additional 60 shares during the period. Whittier Trust Co. lifted its position in shares of D.R. Horton by 1.7% during the second quarter. Whittier Trust Co. now owns 3,693 shares of the construction company's stock worth $520,000 after purchasing an additional 63 shares in the last quarter. Finally, Values First Advisors Inc. boosted its stake in shares of D.R. Horton by 0.7% in the second quarter. Values First Advisors Inc. now owns 8,878 shares of the construction company's stock valued at $1,251,000 after purchasing an additional 66 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

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.