Stamos Capital Partners L.P. Increases Holdings in D.R. Horton, Inc. (NYSE:DHI)

Stamos Capital Partners L.P. grew its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 181.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,760 shares of the construction company's stock after purchasing an additional 6,940 shares during the period. Stamos Capital Partners L.P.'s holdings in D.R. Horton were worth $1,504,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Nemes Rush Group LLC increased its stake in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in D.R. Horton in the fourth quarter worth $30,000. Rosenberg Matthew Hamilton raised its stake in shares of D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after buying an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.R. Horton during the 4th quarter valued at $38,000. Finally, Sierra Ocean LLC bought a new position in shares of D.R. Horton during the 4th quarter worth $43,000. Institutional investors own 90.63% of the company's stock.

D.R. Horton Trading Up 3.2 %

NYSE:DHI traded up $3.75 during mid-day trading on Friday, reaching $121.29. 6,395,720 shares of the company's stock traded hands, compared to its average volume of 2,926,573. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85. 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 company has a 50 day moving average price of $126.59 and a 200-day moving average price of $147.76. The firm has a market capitalization of $38.22 billion, a price-to-earnings ratio of 8.57, a PEG ratio of 0.54 and a beta of 1.61.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion during the quarter, compared to analysts' expectations 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 quarter last year, the business earned $3.52 earnings per share. On average, 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 company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.32%. D.R. Horton's dividend payout ratio is currently 11.31%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Saturday, January 25th. Wedbush reissued a "neutral" rating and issued a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. Barclays cut their price objective on shares of D.R. Horton from $145.00 to $120.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. UBS Group lowered their target price on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Finally, Bank of America cut their price target on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday. Softer demand and elevated incentives impacting outlook through H2 2025 Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $162.21.

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.