D.R. Horton, Inc. (NYSE:DHI) Shares Purchased by Oxford Asset Management LLP

Oxford Asset Management LLP raised its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 122.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,549 shares of the construction company's stock after acquiring an additional 3,058 shares during the quarter. Oxford Asset Management LLP's holdings in D.R. Horton were worth $776,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Johnson Financial Group Inc. grew its position in shares of D.R. Horton by 2.1% during the fourth quarter. Johnson Financial Group Inc. now owns 33,686 shares of the construction company's stock worth $4,780,000 after buying an additional 692 shares in the last quarter. Virtus ETF Advisers LLC raised its holdings in shares of D.R. Horton by 27.6% in the 4th quarter. Virtus ETF Advisers LLC now owns 6,383 shares of the construction company's stock valued at $892,000 after purchasing an additional 1,379 shares in the last quarter. Capital Analysts LLC lifted its position in shares of D.R. Horton by 3.3% during the 4th quarter. Capital Analysts LLC now owns 77,890 shares of the construction company's stock worth $10,891,000 after purchasing an additional 2,478 shares during the last quarter. Nebula Research & Development LLC grew its stake in shares of D.R. Horton by 480.1% during the fourth quarter. Nebula Research & Development LLC now owns 6,259 shares of the construction company's stock worth $875,000 after purchasing an additional 5,180 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in D.R. Horton by 1.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 416,202 shares of the construction company's stock valued at $58,194,000 after buying an additional 4,570 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

Shares of DHI traded down $0.39 during mid-day trading on Tuesday, hitting $124.78. 2,206,602 shares of the company's stock were exchanged, compared to its average volume of 2,947,982. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The firm has a market capitalization of $38.33 billion, a P/E ratio of 8.82, a P/E/G ratio of 0.54 and a beta of 1.61. The business's 50 day moving average is $125.84 and its two-hundred day moving average is $144.15. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.11). D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business had revenue of $7.73 billion for the quarter, compared to analyst estimates of $8.07 billion. During the same quarter last year, the company posted $3.52 EPS. On average, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. D.R. Horton's dividend payout ratio (DPR) is 12.11%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DHI. Royal Bank of Canada dropped their target price on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a report on Monday, April 21st. Barclays dropped their target price on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Bank of America dropped their target price on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, Wells Fargo & Company dropped their target price on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a report on Monday, April 14th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $151.15.

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.