Private Wealth Partners LLC Buys Shares of 3,595 D.R. Horton, Inc. (NYSE:DHI)

Private Wealth Partners LLC purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,595 shares of the construction company's stock, valued at approximately $503,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DHI. Coastline Trust Co bought a new stake in shares of D.R. Horton during the 3rd quarter worth about $26,000. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the 4th quarter worth about $30,000. Rakuten Securities Inc. raised its position in shares of D.R. Horton by 216.7% during the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock worth $33,000 after buying an additional 117 shares in the last quarter. Rosenberg Matthew Hamilton raised its position in shares of D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after buying an additional 165 shares in the last quarter. Finally, Sierra Ocean LLC acquired a new position in shares of D.R. Horton in the 4th quarter worth approximately $43,000. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton Stock Down 2.3 %

Shares of DHI stock traded down $2.95 during trading on Friday, hitting $125.73. 1,917,250 shares of the company were exchanged, compared to its average volume of 3,568,264. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The firm has a market capitalization of $39.62 billion, a price-to-earnings ratio of 8.90, a P/E/G ratio of 0.54 and a beta of 1.76. The business's 50-day simple moving average is $139.42 and its 200 day simple moving average is $164.71. D.R. Horton, Inc. has a twelve month low of $124.23 and a twelve month high of $199.85.

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, topping the consensus estimate of $2.37 by $0.24. The business had revenue of $7.61 billion during 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 quarterly revenue was down 1.5% compared to the same quarter last year. During the same period last year, the company posted $2.82 earnings per share. As a group, analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal 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 paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio (DPR) is presently 11.31%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on DHI shares. BTIG Research lowered their price objective on shares of D.R. Horton from $190.00 to $186.00 and set a "buy" rating on the stock in a research note on Wednesday, October 30th. Bank of America cut shares of D.R. Horton from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $160.00 to $150.00 in a research note on Monday, January 27th. JPMorgan Chase & Co. cut shares of D.R. Horton from a "neutral" rating to an "underweight" rating and lowered their price objective for the stock from $188.00 to $156.00 in a research note on Friday, December 13th. JMP Securities reaffirmed a "market outperform" rating and issued a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Saturday, January 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $170.93.

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.