Mill Creek Capital Advisors LLC Invests $285,000 in D.R. Horton, Inc. (NYSE:DHI)

Mill Creek Capital Advisors LLC purchased a new stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,037 shares of the construction company's stock, valued at approximately $285,000.

Several other large investors have also added to or reduced their stakes in the stock. Coastline Trust Co bought a new stake in shares of D.R. Horton during the 3rd quarter valued at $26,000. Rakuten Securities Inc. raised its position in shares of D.R. Horton by 216.7% in the 3rd 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 raised its position in shares of D.R. Horton by 1,306.7% in the 3rd 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 last quarter. Golden State Wealth Management LLC purchased a new position in shares of D.R. Horton in the 4th quarter worth about $30,000. Finally, Grove Bank & Trust raised its position in D.R. Horton by 76.2% in the 3rd quarter. Grove Bank & Trust now owns 215 shares of the construction company's stock worth $41,000 after buying an additional 93 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

Insider Activity 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 stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wells Fargo & Company reduced their price target on shares of D.R. Horton from $190.00 to $175.00 and set an "overweight" rating for the company in a research report on Tuesday, December 17th. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an "outperform" rating to a "market perform" rating and reduced their price target for the company from $200.00 to $183.00 in a research report on Tuesday, December 10th. Evercore ISI reduced their price target on shares of D.R. Horton from $218.00 to $204.00 and set an "outperform" rating for the company in a research report on Wednesday, October 30th. Wedbush reaffirmed a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. Finally, Barclays reduced their price target on shares of 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 issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $170.93.

D.R. Horton Price Performance

DHI stock traded up $1.29 during midday trading on Friday, hitting $130.63. The company's stock had a trading volume of 2,477,779 shares, compared to its average volume of 3,520,889. D.R. Horton, Inc. has a 12 month low of $125.84 and a 12 month 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. The firm has a market capitalization of $41.16 billion, a price-to-earnings ratio of 9.23, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. The company has a 50 day moving average of $141.56 and a two-hundred day moving average of $166.11.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.82 EPS. On average, analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 1.22%. D.R. Horton's dividend payout ratio (DPR) 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.