2,621 Shares in D.R. Horton, Inc. (NYSE:DHI) Bought by Fermata Advisors LLC

Fermata Advisors LLC acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,621 shares of the construction company's stock, valued at approximately $366,000.

Several other institutional investors also recently modified their holdings of DHI. Dixon Mitchell Investment Counsel Inc. grew its stake in D.R. Horton by 58.4% in the 4th quarter. Dixon Mitchell Investment Counsel Inc. now owns 388 shares of the construction company's stock valued at $54,000 after buying an additional 143 shares during the last quarter. Foresight Capital Management Advisors Inc. grew its stake in D.R. Horton by 19.0% in the 4th quarter. Foresight Capital Management Advisors Inc. now owns 1,613 shares of the construction company's stock valued at $225,000 after buying an additional 257 shares during the last quarter. USA Financial Formulas acquired a new position in D.R. Horton in the 4th quarter valued at about $165,000. Stolper Co grew its stake in D.R. Horton by 0.9% in the 4th quarter. Stolper Co now owns 36,706 shares of the construction company's stock valued at $5,132,000 after buying an additional 339 shares during the last quarter. Finally, Burney Co. grew its stake in D.R. Horton by 5.5% in the 4th quarter. Burney Co. now owns 5,830 shares of the construction company's stock valued at $815,000 after buying an additional 305 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. JPMorgan Chase & Co. lowered shares of D.R. Horton from a "neutral" rating to an "underweight" rating and decreased their price target for the company from $188.00 to $156.00 in a research note on Friday, December 13th. Wedbush reissued a "neutral" rating and issued a $180.00 price objective on shares of D.R. Horton in a report on Friday. UBS Group cut their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Wells Fargo & Company cut 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, Evercore ISI cut their price objective on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating for the company in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $176.20.

Insider Transactions at D.R. Horton

In related news, Director Barbara K. Allen sold 5,650 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 0.54% of the stock is currently owned by corporate insiders.

D.R. Horton Price Performance

NYSE:DHI traded up $1.23 on Friday, hitting $147.83. The company had a trading volume of 3,860,157 shares, compared to its average volume of 2,746,466. The stock has a market capitalization of $47.43 billion, a price-to-earnings ratio of 10.29, a PEG ratio of 0.51 and a beta of 1.75. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a 50 day moving average of $151.85 and a two-hundred day moving average of $168.56. D.R. Horton, Inc. 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 announced its quarterly earnings results on Tuesday, October 29th. The construction company reported $3.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.25). D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The business had revenue of $10 billion during the quarter, compared to analyst estimates of $10.22 billion. During the same quarter last year, the company posted $4.45 earnings per share. The company's revenue was down 4.7% compared to the same quarter last year. On average, research analysts anticipate that D.R. Horton, Inc. will post 14.03 earnings per share for the current year.

D.R. Horton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, November 12th. This is a boost from D.R. Horton's previous quarterly dividend of $0.30. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. D.R. Horton's dividend payout ratio is 11.14%.

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.