Values First Advisors Inc. trimmed its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 37.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,975 shares of the construction company's stock after selling 3,507 shares during the period. Values First Advisors Inc.'s holdings in D.R. Horton were worth $835,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in DHI. Mountaineer Partners Management LLC acquired a new stake in shares of D.R. Horton in the third quarter valued at approximately $1,853,178,000. FMR LLC boosted its holdings in shares of D.R. Horton by 44.7% in the third quarter. FMR LLC now owns 7,906,129 shares of the construction company's stock valued at $1,508,252,000 after acquiring an additional 2,442,581 shares during the period. Geode Capital Management LLC boosted its holdings in shares of D.R. Horton by 0.3% in the third quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company's stock valued at $1,351,435,000 after acquiring an additional 21,073 shares during the period. Smead Capital Management Inc. boosted its holdings in shares of D.R. Horton by 3.5% in the third quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company's stock valued at $480,106,000 after acquiring an additional 84,835 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of D.R. Horton by 7.3% in the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company's stock valued at $339,174,000 after acquiring an additional 120,892 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.
D.R. Horton Price Performance
Shares of DHI stock traded up $1.29 during mid-day trading on Friday, reaching $130.63. The stock had a trading volume of 2,477,779 shares, compared to its average volume of 3,520,889. D.R. Horton, Inc. has a 12-month low of $125.84 and a 12-month high of $199.85. The company has a market cap of $41.16 billion, a P/E ratio of 9.23, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. The business has a 50-day simple moving average of $141.56 and a 200 day simple moving average of $166.11. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.
D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating analysts' consensus estimates 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 business had revenue of $7.61 billion during the quarter, compared to analysts' expectations of $7.12 billion. During the same quarter last year, the business posted $2.82 earnings per share. The business's revenue for the quarter was down 1.5% on a year-over-year basis. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.
D.R. Horton Dividend Announcement
The business 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 yield of 1.22%. The ex-dividend date was Friday, February 7th. D.R. Horton's dividend payout ratio is presently 11.31%.
Insider Buying and Selling
In related news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
DHI has been the subject of several research analyst reports. StockNews.com raised D.R. Horton from a "sell" rating to a "hold" rating in a report on Saturday, January 25th. Barclays decreased their price target on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating for the company in a report on Wednesday, January 22nd. Bank of America downgraded D.R. Horton from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $160.00 to $150.00 in a report on Monday, January 27th. JMP Securities reaffirmed a "market outperform" rating and set a $210.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. Finally, 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. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $170.93.
Get Our Latest Stock Analysis on DHI
D.R. Horton Profile
(
Free Report)
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.
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