D.R. Horton, Inc. (NYSE:DHI) Stock Position Lifted by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 150.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 251,942 shares of the construction company's stock after buying an additional 151,188 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned about 0.08% of D.R. Horton worth $35,227,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DHI. Insigneo Advisory Services LLC grew its holdings in shares of D.R. Horton by 1.9% during the third quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company's stock valued at $695,000 after purchasing an additional 67 shares during the last quarter. Allworth Financial LP grew its stake in D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock worth $229,000 after buying an additional 82 shares during the last quarter. Nemes Rush Group LLC increased its position in D.R. Horton by 74.5% in the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after buying an additional 82 shares during the period. Secure Asset Management LLC lifted its stake in D.R. Horton by 4.8% in the fourth quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company's stock valued at $257,000 after buying an additional 84 shares during the last quarter. Finally, Horizon Investments LLC boosted its holdings in shares of D.R. Horton by 1.7% during the fourth quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after acquiring an additional 91 shares during the period. Institutional investors own 90.63% of the company's stock.

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Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on DHI. StockNews.com upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Saturday, January 25th. The Goldman Sachs Group cut their price target on D.R. Horton from $200.00 to $171.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Barclays decreased their price objective on D.R. Horton from $145.00 to $120.00 and set an "equal weight" rating for the company in a report on Tuesday. UBS Group cut their target price 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. Finally, Royal Bank of Canada reissued an "underperform" rating and issued a $125.00 price target 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 given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, D.R. Horton presently has an average rating of "Hold" and an average price target of $169.14.

D.R. Horton Trading Up 0.1 %

Shares of NYSE DHI traded up $0.09 during mid-day trading on Friday, hitting $117.96. 1,443,202 shares of the company traded hands, compared to its average volume of 2,896,295. The business has a 50 day moving average of $128.08 and a two-hundred day moving average of $149.88. The stock has a market capitalization of $37.17 billion, a price-to-earnings ratio of 8.33, a PEG ratio of 0.54 and a beta of 1.61. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts' consensus estimates of $2.37 by $0.24. The company had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The business's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.82 earnings per share. On average, sell-side analysts anticipate 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 declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a dividend of $0.40 per share. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.36%. D.R. Horton's dividend payout ratio is 11.31%.

About D.R. Horton

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.