Entropy Technologies LP Has $3.86 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Entropy Technologies LP increased its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 1,049.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,591 shares of the construction company's stock after buying an additional 25,191 shares during the quarter. Entropy Technologies LP's holdings in D.R. Horton were worth $3,858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DHI. Empowered Funds LLC increased its stake in shares of D.R. Horton by 142.8% during the 4th quarter. Empowered Funds LLC now owns 106,852 shares of the construction company's stock worth $14,940,000 after purchasing an additional 62,838 shares during the last quarter. Pacific Wealth Strategies Group Inc. increased its position in D.R. Horton by 5.0% during the fourth quarter. Pacific Wealth Strategies Group Inc. now owns 5,446 shares of the construction company's stock worth $761,000 after buying an additional 257 shares during the last quarter. Wilmington Savings Fund Society FSB raised its stake in D.R. Horton by 47.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 7,897 shares of the construction company's stock valued at $1,104,000 after buying an additional 2,526 shares during the period. Vest Financial LLC lifted its position in shares of D.R. Horton by 67.2% in the fourth quarter. Vest Financial LLC now owns 233,188 shares of the construction company's stock valued at $32,604,000 after buying an additional 93,706 shares during the last quarter. Finally, Conning Inc. boosted its stake in shares of D.R. Horton by 30.3% during the 4th quarter. Conning Inc. now owns 4,534 shares of the construction company's stock worth $634,000 after acquiring an additional 1,054 shares during the period. 90.63% of the stock is owned by institutional investors.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DHI. UBS Group dropped their price target on D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a research note on Wednesday, January 8th. BTIG Research reduced their target price on shares of D.R. Horton from $190.00 to $186.00 and set a "buy" rating for the company in a report on Wednesday, October 30th. JMP Securities reissued a "market outperform" rating and issued a $210.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. Wedbush restated a "neutral" rating and set a $180.00 price objective on shares of D.R. Horton in a report on Friday, January 17th. Finally, The Goldman Sachs Group lowered their target price on D.R. Horton from $200.00 to $171.00 and set a "buy" rating on the stock in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $170.93.

D.R. Horton Price Performance

Shares of D.R. Horton stock traded down $2.83 on Wednesday, reaching $127.77. 4,368,229 shares of the stock were exchanged, compared to its average volume of 3,718,229. 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 firm has a market cap of $40.26 billion, a PE ratio of 9.03, a P/E/G ratio of 0.58 and a beta of 1.76. The firm's 50 day moving average is $143.40 and its 200-day moving average is $166.97. D.R. Horton, Inc. has a one year low of $125.84 and a one year high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping 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 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 earnings per share. The company's quarterly revenue was down 1.5% on a year-over-year basis. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Friday, February 7th. 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.