D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC decreased its position in D.R. Horton, Inc. (NYSE:DHI) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,267 shares of the construction company’s stock after selling 101 shares during the quarter. Farther Finance Advisors LLC’s holdings in D.R. Horton were worth $317,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DHI. Mountaineer Partners Management LLC acquired a new position in D.R. Horton in the 3rd quarter valued at $1,853,178,000. FMR LLC increased its stake in shares of D.R. Horton by 44.7% during the 3rd 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 last quarter. Raymond James Financial Inc. purchased a new position in shares of D.R. Horton during the 4th quarter worth about $98,720,000. Amundi boosted its position in shares of D.R. Horton by 69.1% in the fourth quarter. Amundi now owns 1,358,213 shares of the construction company’s stock worth $190,014,000 after acquiring an additional 555,122 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI purchased a new stake in D.R. Horton in the third quarter valued at approximately $72,672,000. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

D.R. Horton Trading Up 0.2 %

Shares of NYSE:DHI opened at $127.09 on Tuesday. D.R. Horton, Inc. has a twelve month low of $124.23 and a twelve month high of $199.85. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market cap of $40.05 billion, a P/E ratio of 8.98, a P/E/G ratio of 0.54 and a beta of 1.80. The company has a 50 day moving average of $135.14 and a 200-day moving average of $158.41.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the business earned $2.82 earnings per share. D.R. Horton’s revenue for the quarter was down 1.5% compared to the same quarter last year. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.26%. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

Analyst Ratings Changes

A number of research firms have recently commented on DHI. Barclays dropped their price objective 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. Citigroup cut their price target on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. StockNews.com raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Saturday, January 25th. Seaport Res Ptn upgraded shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $210.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target 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.