One Capital Management LLC Sells 1,062 Shares of D.R. Horton, Inc. (NYSE:DHI)

One Capital Management LLC trimmed its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,610 shares of the construction company’s stock after selling 1,062 shares during the period. One Capital Management LLC’s holdings in D.R. Horton were worth $8,195,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of DHI. Coastline Trust Co bought a new stake in shares of D.R. Horton during the third quarter worth approximately $26,000. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the fourth quarter worth approximately $30,000. Rakuten Securities Inc. raised its stake in shares of D.R. Horton by 216.7% during the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock worth $33,000 after buying an additional 117 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in shares of 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 last quarter. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton during the fourth quarter worth approximately $38,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Performance

Shares of DHI stock opened at $129.47 on Thursday. The company’s fifty day simple moving average is $136.65 and its 200-day simple moving average is $161.73. 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 firm has a market cap of $40.80 billion, a PE ratio of 9.15, a P/E/G ratio of 0.54 and a beta of 1.76. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. The business had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.82 earnings per share. Equities research analysts expect that D.R. Horton, Inc. will post 13.04 EPS 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. Stockholders of record on Friday, February 7th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio is presently 11.31%.

Wall Street Analyst Weigh In

DHI has been the subject of a number of analyst reports. Bank of America cut shares of D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $160.00 to $150.00 in a report on Monday, January 27th. UBS Group decreased their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Barclays decreased their price objective on shares of 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. Raymond James cut shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a report on Thursday, November 7th. Finally, Wells Fargo & Company decreased their price objective on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Two investment 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, the company presently has a consensus rating of “Hold” and a consensus target price of $170.93.

D.R. Horton 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.