Caxton Associates LP Increases Stake in D.R. Horton, Inc. (NYSE:DHI)

Caxton Associates LP boosted its stake in D.R. Horton, Inc. (NYSE:DHI) by 243.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,261 shares of the construction company’s stock after buying an additional 3,729 shares during the period. Caxton Associates LP’s holdings in D.R. Horton were worth $736,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Nemes Rush Group LLC grew its stake in shares of D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock worth $27,000 after buying an additional 82 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton in the fourth quarter worth $30,000. Rosenberg Matthew Hamilton increased its holdings 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 valued at $38,000 after acquiring an additional 165 shares in the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.R. Horton in the 4th quarter worth about $38,000. Finally, Sierra Ocean LLC bought a new position in D.R. Horton in the 4th quarter worth about $43,000. 90.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Bank of America cut their price target on shares of D.R. Horton from $150.00 to $125.00 and set a “neutral” rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 The Goldman Sachs Group decreased their price target on D.R. Horton from $173.00 to $150.00 and set a “buy” rating for the company in a research note on Tuesday, April 15th. StockNews.com cut D.R. Horton from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. Seaport Res Ptn raised D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Finally, Royal Bank of Canada dropped their price target on D.R. Horton from $125.00 to $105.00 and set an “underperform” rating on the stock in a research note on Monday, April 21st. Three research analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $151.15.

D.R. Horton Price Performance

Shares of D.R. Horton stock opened at $121.84 on Wednesday. The stock’s 50-day simple moving average is $125.51 and its 200-day simple moving average is $141.74. The company has a market capitalization of $37.43 billion, a price-to-earnings ratio of 8.61, a PEG ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. 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 (NYSE:DHI) last released its earnings results on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion during the quarter, compared to analysts’ expectations of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same period last year, the firm posted $3.52 EPS. As a group, analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, May 2nd will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.31%. The ex-dividend date is Friday, May 2nd. D.R. Horton’s dividend payout ratio is presently 12.11%.

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.