Yousif Capital Management LLC Sells 672 Shares of D.R. Horton, Inc. (NYSE:DHI)

Yousif Capital Management LLC trimmed its position in D.R. Horton, Inc. (NYSE:DHI) by 1.7% in the first quarter, Holdings Channel reports. The fund owned 37,918 shares of the construction company’s stock after selling 672 shares during the quarter. Yousif Capital Management LLC’s holdings in D.R. Horton were worth $4,821,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of DHI. Nemes Rush Group LLC increased its holdings in 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 purchasing an additional 82 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in D.R. Horton during the 4th quarter worth approximately $38,000. Sierra Ocean LLC bought a new position in D.R. Horton during the 4th quarter worth approximately $43,000. Finally, Itau Unibanco Holding S.A. bought a new stake in shares of D.R. Horton in the 4th quarter valued at $43,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Trading Down 1.8%

NYSE DHI opened at $124.70 on Thursday. 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, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. The business has a 50 day moving average price of $121.94 and a 200-day moving average price of $133.37. The company has a market cap of $38.31 billion, a price-to-earnings ratio of 8.81, a P/E/G ratio of 0.54 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). The business had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same period in the previous year, the business posted $3.52 EPS. As a group, equities 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 firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton’s dividend payout ratio is currently 12.11%.

Analyst Ratings Changes

Several research firms have recently weighed in on DHI. JPMorgan Chase & Co. decreased their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an “underweight” rating for the company in a research report on Monday, April 21st. 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 report on Tuesday, April 15th. JMP Securities lowered their price objective on D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating for the company in a research report on Monday, April 21st. Wall Street Zen upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Tuesday, May 13th. Finally, Wells Fargo & Company decreased their target price on D.R. Horton from $175.00 to $160.00 and set an “overweight” rating for the company in a research note on Monday, April 14th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average 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.