D.R. Horton, Inc. (NYSE:DHI) Stock Holdings Boosted by Lyell Wealth Management LP

Lyell Wealth Management LP boosted its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 108,834 shares of the construction company's stock after purchasing an additional 2,065 shares during the quarter. D.R. Horton comprises 1.4% of Lyell Wealth Management LP's portfolio, making the stock its 20th largest position. Lyell Wealth Management LP's holdings in D.R. Horton were worth $15,217,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Golden State Equity Partners grew its stake in D.R. Horton by 435.6% during the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after buying an additional 3,171 shares during the period. KBC Group NV grew its stake in D.R. Horton by 360.0% during the third quarter. KBC Group NV now owns 271,038 shares of the construction company's stock worth $51,706,000 after buying an additional 212,112 shares during the period. Legacy CG LLC purchased a new stake in D.R. Horton during the third quarter worth approximately $4,220,000. Toronto Dominion Bank grew its stake in D.R. Horton by 17.3% during the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company's stock worth $20,025,000 after buying an additional 15,460 shares during the period. Finally, Pensionfund Sabic grew its stake in D.R. Horton by 70.2% during the fourth quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock worth $1,356,000 after buying an additional 4,000 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Evercore ISI reduced their target price on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 30th. Raymond James cut shares of D.R. Horton from an "outperform" rating to a "market perform" rating in a research report on Thursday, November 7th. Wedbush reissued a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. JMP Securities reissued a "market outperform" rating and set a $210.00 target price on shares of D.R. Horton in a research report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods cut shares of D.R. Horton from an "outperform" rating to a "market perform" rating and reduced their target price for the stock from $200.00 to $183.00 in a research report on Tuesday, December 10th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $170.93.

D.R. Horton Stock Performance

Shares of NYSE:DHI traded down $2.76 on Friday, reaching $125.92. 2,777,046 shares of the company's stock were exchanged, compared to its average volume of 3,598,174. The firm has a market capitalization of $39.68 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 0.54 and a beta of 1.76. D.R. Horton, Inc. has a fifty-two week low of $124.23 and a fifty-two week high of $199.85. The business's 50-day moving average is $139.42 and its two-hundred day moving average is $164.71. 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 issued its 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 company had revenue of $7.61 billion for the quarter, compared to analysts' expectations of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm's revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $2.82 earnings per share. As a group, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced 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. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. D.R. Horton's dividend payout ratio (DPR) 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.