D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 7.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 406,408 shares of the construction company's stock after selling 31,817 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.13% of D.R. Horton worth $57,006,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Golden State Equity Partners grew its holdings in shares of D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after purchasing an additional 3,171 shares during the period. Toronto Dominion Bank increased its position in shares of D.R. Horton by 17.3% in the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company's stock worth $20,025,000 after acquiring an additional 15,460 shares in the last quarter. Pensionfund Sabic raised its stake in shares of D.R. Horton by 70.2% in the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company's stock valued at $1,356,000 after acquiring an additional 4,000 shares during the period. Benjamin Edwards Inc. boosted its position in D.R. Horton by 904.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 40,847 shares of the construction company's stock worth $7,795,000 after purchasing an additional 36,780 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in D.R. Horton by 10.9% in the 4th quarter. Park Avenue Securities LLC now owns 28,056 shares of the construction company's stock valued at $3,923,000 after purchasing an additional 2,767 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

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D.R. Horton Stock Performance

NYSE:DHI traded up $1.65 during trading hours on Monday, reaching $130.49. 2,650,020 shares of the stock were exchanged, compared to its average volume of 2,692,337. The stock has a market capitalization of $41.12 billion, a P/E ratio of 9.22, a P/E/G ratio of 0.54 and a beta of 1.80. The firm has a 50 day simple moving average of $134.42 and a 200-day simple moving average of $156.80. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85.

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, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.61 billion for the quarter, compared to analysts' expectations of $7.12 billion. During the same period last year, the business posted $2.82 earnings per share. The firm's revenue for the quarter was down 1.5% on a year-over-year basis. As a group, sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio is presently 11.31%.

Analysts Set New Price Targets

A number of research analysts have commented on DHI shares. Royal Bank of Canada reaffirmed an "underperform" rating and issued a $125.00 target price on shares of D.R. Horton in a research report on Wednesday, January 22nd. Citigroup decreased their price target 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. JMP Securities reissued a "market outperform" rating and set a $210.00 target price on shares of D.R. Horton in a research report on Wednesday, January 22nd. The Goldman Sachs Group lowered their price target on shares of D.R. Horton from $200.00 to $171.00 and set a "buy" rating for the company in a report on Tuesday, January 14th. Finally, UBS Group cut their price objective 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. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock 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.