Janus Henderson Group PLC Increases Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Janus Henderson Group PLC raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 27.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 46,083 shares of the construction company’s stock after purchasing an additional 9,950 shares during the period. Janus Henderson Group PLC’s holdings in D.R. Horton were worth $6,443,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DHI. Allworth Financial LP raised its holdings in D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company’s stock valued at $229,000 after buying an additional 82 shares during the period. Nemes Rush Group LLC raised its holdings in D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock valued at $27,000 after buying an additional 82 shares during the period. Secure Asset Management LLC grew its position in D.R. Horton by 4.8% in the 4th quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company’s stock valued at $257,000 after acquiring an additional 84 shares during the last quarter. Horizon Investments LLC grew its position in D.R. Horton by 1.7% in the 4th quarter. Horizon Investments LLC now owns 5,503 shares of the construction company’s stock valued at $767,000 after acquiring an additional 91 shares during the last quarter. Finally, Bfsg LLC grew its position in D.R. Horton by 24.4% in the 4th quarter. Bfsg LLC now owns 484 shares of the construction company’s stock valued at $68,000 after acquiring an additional 95 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

DHI opened at $125.68 on Friday. 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 company has a market capitalization of $38.60 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85. The business’s fifty day simple moving average is $124.52 and its 200-day simple moving average is $138.72.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for 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 quarter last year, the company earned $3.52 earnings per share. On average, equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton’s dividend payout ratio (DPR) is currently 12.11%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. JMP Securities cut their price objective on D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating on the stock in a research report on Monday, April 21st. The Goldman Sachs Group cut their price objective on D.R. Horton from $173.00 to $150.00 and set a “buy” rating on the stock in a research report on Tuesday, April 15th. Seaport Res Ptn raised D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Wells Fargo & Company cut their price objective on D.R. Horton from $175.00 to $160.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Finally, Keefe, Bruyette & Woods cut their price objective on D.R. Horton from $165.00 to $135.00 and set a “market perform” rating on the stock in a research report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of “Hold” and a consensus price target of $151.15.

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.