Farringdon Capital Ltd. Invests $371,000 in D.R. Horton, Inc. (NYSE:DHI)

Farringdon Capital Ltd. bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,650 shares of the construction company's stock, valued at approximately $371,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Equity Partners lifted its stake in D.R. Horton by 435.6% in the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock valued at $545,000 after buying an additional 3,171 shares in the last quarter. Pensionfund Sabic lifted its position in shares of D.R. Horton by 70.2% in the fourth quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock valued at $1,356,000 after acquiring an additional 4,000 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of D.R. Horton by 10.9% in the fourth quarter. Park Avenue Securities LLC now owns 28,056 shares of the construction company's stock worth $3,923,000 after acquiring an additional 2,767 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new position in D.R. Horton in the 3rd quarter valued at $713,000. Finally, Park National Corp OH lifted its holdings in D.R. Horton by 8.9% in the 4th quarter. Park National Corp OH now owns 212,815 shares of the construction company's stock valued at $29,756,000 after purchasing an additional 17,441 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on DHI shares. Bank of America decreased their price target on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JPMorgan Chase & Co. dropped their price target on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a research report on Monday. Keefe, Bruyette & Woods lowered their price objective on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research note on Tuesday. StockNews.com downgraded D.R. Horton from a "hold" rating to a "sell" rating in a research note on Tuesday. Finally, Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $151.15.

D.R. Horton Stock Down 0.1 %

Shares of D.R. Horton stock traded down $0.11 during trading hours on Wednesday, reaching $124.85. 4,664,872 shares of the company were exchanged, compared to its average volume of 3,845,515. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm has a market cap of $39.34 billion, a PE ratio of 8.82, a PEG ratio of 0.54 and a beta of 1.61. 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 stock's fifty day moving average is $126.18 and its 200 day moving average is $146.07.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The firm had revenue of $7.73 billion during the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same quarter in the prior year, the firm earned $3.52 EPS. As a group, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is 12.11%.

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.