Vontobel Holding Ltd. Purchases 5,736 Shares of D.R. Horton, Inc. (NYSE:DHI)

Vontobel Holding Ltd. raised its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 52.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 16,588 shares of the construction company's stock after buying an additional 5,736 shares during the period. Vontobel Holding Ltd.'s holdings in D.R. Horton were worth $2,319,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Coastline Trust Co bought a new stake in shares of D.R. Horton in the 3rd quarter valued at about $26,000. Rakuten Securities Inc. grew its position in shares of D.R. Horton by 216.7% in the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company's stock valued at $33,000 after buying an additional 117 shares during the last quarter. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton in the 4th quarter valued at about $30,000. FSA Wealth Management LLC bought a new stake in shares of D.R. Horton in the 3rd quarter valued at about $47,000. Finally, Ashton Thomas Securities LLC bought a new stake in shares of D.R. Horton in the 3rd quarter valued at about $50,000. Institutional investors own 90.63% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. JMP Securities reissued a "market outperform" rating and issued a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Evercore ISI dropped their price objective on D.R. Horton from $218.00 to $204.00 and set an "outperform" rating on the stock in a research note on Wednesday, October 30th. Raymond James downgraded D.R. Horton from an "outperform" rating to a "market perform" rating in a research note on Thursday, November 7th. Barclays dropped their price objective on D.R. Horton from $150.00 to $145.00 and set an "equal weight" rating on the stock in a research note on Wednesday, January 22nd. Finally, Wedbush reissued a "neutral" rating and issued a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, D.R. Horton presently has an average rating of "Hold" and a consensus price target of $170.93.

D.R. Horton Stock Down 2.4 %

Shares of D.R. Horton stock traded down $3.07 on Wednesday, hitting $126.74. The company had a trading volume of 3,880,023 shares, compared to its average volume of 3,634,091. The stock has a market capitalization of $39.94 billion, a price-to-earnings ratio of 8.96, a P/E/G ratio of 0.55 and a beta of 1.76. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The stock has a 50 day moving average of $140.41 and a 200-day moving average of $165.23. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. The firm had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company's quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.82 earnings per share. As a group, 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 firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton's dividend payout ratio is presently 11.31%.

Insider Activity

In other news, Director Barbara K. Allen sold 5,650 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.54% of the stock is currently owned by corporate insiders.

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.