Proficio Capital Partners LLC Has $36.76 Million Holdings in D.R. Horton, Inc. (NYSE:DHI)

Proficio Capital Partners LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 22,199.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 262,914 shares of the construction company's stock after acquiring an additional 261,735 shares during the period. Proficio Capital Partners LLC owned about 0.08% of D.R. Horton worth $36,761,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Coastline Trust Co acquired a new position in shares of D.R. Horton during the third quarter worth approximately $26,000. Rakuten Securities Inc. grew its stake in shares of D.R. Horton by 216.7% in the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock worth $33,000 after purchasing an additional 117 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the fourth quarter valued at about $30,000. FSA Wealth Management LLC acquired a new stake in D.R. Horton in the third quarter worth about $47,000. Finally, Ashton Thomas Securities LLC acquired a new position in D.R. Horton during the 3rd quarter valued at about $50,000. Institutional investors and hedge funds own 90.63% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on DHI shares. UBS Group decreased their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. JMP Securities reiterated a "market outperform" rating and set a $210.00 price target on shares of D.R. Horton in a research report on Wednesday, January 22nd. StockNews.com upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Saturday, January 25th. 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. Finally, Wedbush restated a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $170.93.

D.R. Horton Stock Up 0.6 %

NYSE:DHI traded up $0.76 during mid-day trading on Tuesday, reaching $126.44. The stock had a trading volume of 3,902,991 shares, compared to its average volume of 2,642,635. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The stock has a market cap of $39.84 billion, a P/E ratio of 8.95, a PEG ratio of 0.54 and a beta of 1.76. The business's 50 day moving average is $137.19 and its 200 day moving average is $162.33. D.R. Horton, Inc. has a fifty-two week low of $124.11 and a fifty-two week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its 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 firm had revenue of $7.61 billion for 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%. The business's quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.82 earnings per share. As a group, sell-side analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders 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 yield of 1.27%. D.R. Horton's dividend payout ratio (DPR) is presently 11.31%.

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.