D.R. Horton, Inc. (NYSE:DHI) Shares Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 12.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,413 shares of the construction company's stock after acquiring an additional 3,251 shares during the quarter. Elo Mutual Pension Insurance Co's holdings in D.R. Horton were worth $4,113,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of DHI. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton in the fourth quarter valued at about $30,000. FSA Wealth Management LLC purchased a new stake in shares of D.R. Horton during the 3rd quarter valued at approximately $47,000. Kohmann Bosshard Financial Services LLC acquired a new position in D.R. Horton in the fourth quarter valued at approximately $38,000. Rosenberg Matthew Hamilton increased its stake in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after acquiring an additional 165 shares during the last quarter. Finally, Sierra Ocean LLC acquired a new position in shares of D.R. Horton in the 4th quarter valued at $43,000. Hedge funds and other institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Down 0.4 %

NYSE:DHI traded down $0.54 on Wednesday, hitting $126.88. 1,002,953 shares of the stock were exchanged, compared to its average volume of 2,802,376. The stock has a market cap of $39.98 billion, a PE ratio of 8.97, a PEG ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a fifty-two week low of $124.23 and a fifty-two week high of $199.85. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average of $132.16 and a 200-day moving average of $153.89.

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D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping analysts' consensus estimates of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm had revenue of $7.61 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same period in the prior year, the company earned $2.82 EPS. The firm's revenue was down 1.5% on a year-over-year basis. As a group, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.26%. D.R. Horton's dividend payout ratio (DPR) is 11.31%.

Wall Street Analysts Forecast Growth

DHI has been the topic of a number of research analyst reports. Royal Bank of Canada reissued an "underperform" rating and issued a $125.00 target price on shares of D.R. Horton in a research report on Wednesday, January 22nd. Citigroup dropped their target price on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. UBS Group reduced their price target on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. Wells Fargo & Company dropped their price objective 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. Finally, Barclays reduced their target price on shares of D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 22nd. 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 given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $170.93.

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.