D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Schroder Investment Management Group

Schroder Investment Management Group lessened its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 35.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,494 shares of the construction company's stock after selling 69,776 shares during the period. Schroder Investment Management Group's holdings in D.R. Horton were worth $17,654,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in shares of D.R. Horton during the 4th quarter worth $30,000. Rosenberg Matthew Hamilton grew its position in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after buying an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in D.R. Horton in the fourth quarter valued at about $38,000. Sierra Ocean LLC acquired a new stake in shares of D.R. Horton during the 4th quarter valued at approximately $43,000. Finally, Catalyst Capital Advisors LLC purchased a new stake in shares of D.R. Horton during the 4th quarter worth approximately $51,000. Hedge funds and other institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Down 5.6 %

Shares of DHI traded down $7.18 during mid-day trading on Monday, hitting $120.69. The company had a trading volume of 5,985,454 shares, compared to its average volume of 2,868,701. D.R. Horton, Inc. has a 1-year low of $118.00 and a 1-year high of $199.85. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The business's 50-day simple moving average is $130.49 and its 200-day simple moving average is $151.90. The stock has a market cap of $38.03 billion, a PE ratio of 8.53, a P/E/G ratio of 0.54 and a beta of 1.61.

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D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same period in the previous year, the company earned $2.82 EPS. The business's quarterly revenue was down 1.5% compared to the same quarter last year. Sell-side analysts forecast 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 disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio is currently 11.31%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on DHI. Citigroup reduced their price objective on D.R. Horton from $185.00 to $152.00 and set a "neutral" rating for the company in a report on Monday, January 6th. Barclays dropped their price target on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a research report on Wednesday, January 22nd. Bank of America lowered shares of D.R. Horton from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $160.00 to $150.00 in a research report on Monday, January 27th. 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, JPMorgan Chase & Co. downgraded shares of D.R. Horton from a "neutral" rating to an "underweight" rating and reduced their price target for the company from $188.00 to $156.00 in a report on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, D.R. Horton presently has an average rating of "Hold" and an average price target of $170.93.

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.