D.R. Horton, Inc. (NYSE:DHI) Holdings Boosted by Mizuho Securities USA LLC

Mizuho Securities USA LLC raised its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 45.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 27,639 shares of the construction company's stock after purchasing an additional 8,611 shares during the quarter. Mizuho Securities USA LLC's holdings in D.R. Horton were worth $3,864,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton during the 4th quarter worth about $30,000. Rosenberg Matthew Hamilton grew its stake in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after buying an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of D.R. Horton in the fourth quarter worth $38,000. Sierra Ocean LLC purchased a new position in shares of D.R. Horton in the 4th quarter valued at $43,000. Finally, FSA Wealth Management LLC acquired a new position in shares of D.R. Horton during the 3rd quarter valued at $47,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

DHI traded down $0.66 during trading hours on Tuesday, hitting $129.69. 1,898,526 shares of the stock were exchanged, compared to its average volume of 2,691,779. 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, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. The stock has a 50-day simple moving average of $134.26 and a 200-day simple moving average of $156.43. The stock has a market cap of $40.87 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80.

Remove Ads

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.37 by $0.24. The business 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 company's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.82 EPS. Analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

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 $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton's payout ratio is 11.31%.

Wall Street Analyst Weigh In

DHI has been the topic of several research reports. JPMorgan Chase & Co. lowered D.R. Horton from a "neutral" rating to an "underweight" rating and cut their price objective for the company from $188.00 to $156.00 in a research report on Friday, December 13th. Bank of America downgraded shares of D.R. Horton from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $160.00 to $150.00 in a research report on Monday, January 27th. The Goldman Sachs Group decreased their target price on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a research note on Tuesday, January 14th. Wells Fargo & Company dropped their price target on shares of D.R. Horton from $190.00 to $175.00 and set an "overweight" rating on the stock in a research note on Tuesday, December 17th. Finally, StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research note on Saturday, January 25th. Two research 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price 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.