Investment House LLC Has $7.11 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Investment House LLC boosted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 109.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 50,846 shares of the construction company's stock after acquiring an additional 26,582 shares during the period. Investment House LLC's holdings in D.R. Horton were worth $7,109,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Insigneo Advisory Services LLC raised its holdings in D.R. Horton by 1.9% in the 3rd quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company's stock valued at $695,000 after acquiring an additional 67 shares during the period. Private Trust Co. NA raised its position in shares of D.R. Horton by 1.0% in the third quarter. Private Trust Co. NA now owns 7,620 shares of the construction company's stock valued at $1,454,000 after buying an additional 78 shares in the last quarter. Allworth Financial LP grew its holdings in shares of 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 purchasing an additional 82 shares in the last quarter. Secure Asset Management LLC increased its position in shares of 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 worth $257,000 after purchasing an additional 84 shares during the period. Finally, Horizon Investments LLC raised its stake in D.R. Horton by 1.7% in the fourth quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after purchasing an additional 91 shares in the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

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Wall Street Analyst Weigh In

A number of research firms recently issued reports on DHI. Citigroup lowered their price objective on shares of D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a research report on Monday, January 6th. Bank of America downgraded shares of D.R. Horton from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $160.00 to $150.00 in a report on Monday, January 27th. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. JMP Securities reaffirmed a "market outperform" rating and issued a $210.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. Finally, Barclays dropped their target price on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $170.93.

D.R. Horton Trading Down 1.8 %

Shares of DHI traded down $2.36 during trading hours on Friday, hitting $128.77. 7,753,727 shares of the stock were exchanged, compared to its average volume of 2,692,452. D.R. Horton, Inc. has a fifty-two week low of $124.23 and a fifty-two week high of $199.85. The business has a 50-day moving average of $134.42 and a 200-day moving average of $157.00. The firm has a market capitalization of $40.58 billion, a P/E ratio of 9.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09.

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

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was 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.