GHP Investment Advisors Inc. Acquires 6,180 Shares of D.R. Horton, Inc. (NYSE:DHI)

GHP Investment Advisors Inc. raised its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 414.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,670 shares of the construction company's stock after purchasing an additional 6,180 shares during the period. GHP Investment Advisors Inc.'s holdings in D.R. Horton were worth $1,072,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Coastline Trust Co bought a new position in D.R. Horton during the 3rd quarter worth approximately $26,000. Rakuten Securities Inc. lifted its stake in D.R. Horton by 216.7% during the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock worth $33,000 after purchasing an additional 117 shares during the last quarter. Wolff Wiese Magana LLC boosted its holdings in D.R. Horton by 1,306.7% in the third quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company's stock worth $40,000 after purchasing an additional 196 shares during the period. Grove Bank & Trust increased its stake in D.R. Horton by 76.2% during the third quarter. Grove Bank & Trust now owns 215 shares of the construction company's stock valued at $41,000 after purchasing an additional 93 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in shares of D.R. Horton during the third quarter worth $47,000. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at D.R. Horton

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

D.R. Horton Price Performance

NYSE:DHI traded up $0.40 during mid-day trading on Tuesday, reaching $130.61. 3,855,067 shares of the stock were exchanged, compared to its average volume of 3,679,891. D.R. Horton, Inc. has a 1-year low of $127.47 and a 1-year 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 firm has a market capitalization of $41.16 billion, a PE ratio of 9.23, a PEG ratio of 0.58 and a beta of 1.76. The business has a fifty day moving average price of $144.12 and a 200 day moving average price of $167.30.

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

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.23%. D.R. Horton's payout ratio is presently 11.31%.

Analyst Upgrades and Downgrades

DHI has been the subject of a number of recent research reports. The Goldman Sachs Group lowered their price objective on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. BTIG Research lowered their target price on D.R. Horton from $190.00 to $186.00 and set a "buy" rating for the company in a report on Wednesday, October 30th. Keefe, Bruyette & Woods downgraded D.R. Horton from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $200.00 to $183.00 in a report on Tuesday, December 10th. Bank of America downgraded D.R. Horton from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $160.00 to $150.00 in a research note on Monday, January 27th. Finally, Royal Bank of Canada reiterated an "underperform" rating and issued a $125.00 target price on shares of D.R. Horton in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and an average price target 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.