Rockefeller Capital Management L.P. Acquires 15,930 Shares of D.R. Horton, Inc. (NYSE:DHI)

Rockefeller Capital Management L.P. lifted its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 49.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 47,857 shares of the construction company's stock after acquiring an additional 15,930 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in D.R. Horton were worth $6,699,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allworth Financial LP raised its stake in shares of D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock worth $229,000 after purchasing an additional 82 shares in the last quarter. Nemes Rush Group LLC increased its holdings in D.R. Horton by 74.5% during the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after buying an additional 82 shares during the last quarter. Secure Asset Management LLC raised its position in D.R. Horton by 4.8% during the fourth quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company's stock worth $257,000 after acquiring an additional 84 shares in the last quarter. Horizon Investments LLC grew its position in shares of D.R. Horton by 1.7% in the 4th quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after acquiring an additional 91 shares during the period. Finally, Bfsg LLC increased its stake in shares of D.R. Horton by 24.4% during the 4th quarter. Bfsg LLC now owns 484 shares of the construction company's stock worth $68,000 after purchasing an additional 95 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Price Performance

NYSE:DHI traded up $4.04 during trading hours on Tuesday, reaching $124.80. 4,427,565 shares of the company were exchanged, compared to its average volume of 2,925,220. The company has a market capitalization of $39.33 billion, a P/E ratio of 8.82, a P/E/G ratio of 0.54 and a beta of 1.61. 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 business has a 50 day moving average of $126.18 and a 200 day moving average of $146.07. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85.

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

D.R. Horton Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on DHI shares. JPMorgan Chase & Co. reduced their price target on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a report on Monday. The Goldman Sachs Group decreased their target price on D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Citigroup dropped their price target on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating on the stock in a research note on Monday, January 6th. Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Finally, Wedbush reaffirmed a "neutral" rating and set a $180.00 target price on shares of D.R. Horton in a report on Friday, January 17th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $151.15.

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.