Mn Services Vermogensbeheer B.V. Boosts Holdings in D.R. Horton, Inc. (NYSE:DHI)

Mn Services Vermogensbeheer B.V. lifted its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 119,400 shares of the construction company's stock after buying an additional 3,800 shares during the quarter. Mn Services Vermogensbeheer B.V.'s holdings in D.R. Horton were worth $16,695,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DHI. Golden State Equity Partners increased its holdings in shares of D.R. Horton by 435.6% in the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock valued at $545,000 after purchasing an additional 3,171 shares in the last quarter. KBC Group NV grew its position 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 position in D.R. Horton in the third quarter valued at about $4,220,000. Toronto Dominion Bank boosted its stake in shares of D.R. Horton by 17.3% during the 3rd quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company's stock worth $20,025,000 after acquiring an additional 15,460 shares in the last quarter. Finally, Pensionfund Sabic grew its holdings in D.R. Horton by 70.2% in the fourth quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock valued at $1,356,000 after purchasing an additional 4,000 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on DHI. Wells Fargo & Company lowered their price objective 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. StockNews.com upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Saturday, January 25th. Royal Bank of Canada restated an "underperform" rating and set a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Barclays lowered their target price on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a report on Wednesday, January 22nd. Finally, Keefe, Bruyette & Woods cut D.R. Horton from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $200.00 to $183.00 in a report on Tuesday, December 10th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat, D.R. Horton currently has an average rating of "Hold" and a consensus target price of $170.93.

D.R. Horton Trading Down 0.9 %

DHI traded down $1.18 during midday trading on Monday, hitting $125.63. The company's stock had a trading volume of 3,867,174 shares, compared to its average volume of 2,636,303. D.R. Horton, Inc. has a 52-week low of $124.23 and a 52-week high of $199.85. The firm has a 50-day moving average price of $137.48 and a two-hundred day moving average price of $162.68. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market cap of $39.59 billion, a P/E ratio of 8.88, a PEG ratio of 0.54 and a beta of 1.76.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating 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 net margin of 12.69% and a return on equity of 18.48%. D.R. Horton's revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.82 earnings per share. On average, research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio (DPR) is currently 11.31%.

D.R. Horton 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.