Humankind Investments LLC grew its position in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 13.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,507 shares of the construction company’s stock after acquiring an additional 180 shares during the quarter. Humankind Investments LLC’s holdings in D.R. Horton were worth $211,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of the company. Golden State Equity Partners grew its stake in shares of D.R. Horton by 435.6% during the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company’s stock worth $545,000 after acquiring an additional 3,171 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of D.R. Horton by 10.9% during the fourth quarter. Park Avenue Securities LLC now owns 28,056 shares of the construction company’s stock worth $3,923,000 after acquiring an additional 2,767 shares during the last quarter. U.S. Capital Wealth Advisors LLC grew its stake in shares of D.R. Horton by 15.5% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company’s stock worth $2,086,000 after acquiring an additional 2,003 shares during the last quarter. Swedbank AB grew its stake in shares of D.R. Horton by 27.0% during the fourth quarter. Swedbank AB now owns 427,045 shares of the construction company’s stock worth $59,709,000 after acquiring an additional 90,776 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its stake in shares of D.R. Horton by 82.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company’s stock worth $36,306,000 after acquiring an additional 119,392 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors.
D.R. Horton Trading Down 1.5%
Shares of NYSE:DHI opened at $122.01 on Monday. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85. The company has a market capitalization of $37.48 billion, a PE ratio of 8.62, a PEG ratio of 0.54 and a beta of 1.45. The business has a 50 day moving average of $125.33 and a two-hundred day moving average of $140.21. 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 Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton’s payout ratio is 12.11%.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on DHI shares. BTIG Research dropped their price target on D.R. Horton from $171.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. StockNews.com downgraded D.R. Horton from a “hold” rating to a “sell” rating in a report on Thursday, May 1st. Wedbush reaffirmed a “neutral” rating and set a $180.00 target price on shares of D.R. Horton in a report on Friday, January 17th. Seaport Res Ptn raised D.R. Horton from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Finally, Bank of America decreased their target price on D.R. Horton from $150.00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Three research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $151.15.
Get Our Latest Analysis on D.R. Horton
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.
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