Curio Wealth LLC Buys 799 Shares of D.R. Horton, Inc. $DHI

Curio Wealth LLC lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 39,950.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 801 shares of the construction company’s stock after acquiring an additional 799 shares during the period. Curio Wealth LLC’s holdings in D.R. Horton were worth $103,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in DHI. GAMMA Investing LLC grew its position in D.R. Horton by 51.0% in the first quarter. GAMMA Investing LLC now owns 7,211 shares of the construction company’s stock valued at $917,000 after purchasing an additional 2,437 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in D.R. Horton by 2.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 45,452 shares of the construction company’s stock valued at $5,778,000 after purchasing an additional 1,095 shares in the last quarter. Asset Management One Co. Ltd. grew its position in D.R. Horton by 4.6% in the first quarter. Asset Management One Co. Ltd. now owns 119,151 shares of the construction company’s stock valued at $15,148,000 after purchasing an additional 5,233 shares in the last quarter. Golden State Wealth Management LLC grew its position in D.R. Horton by 244.4% in the first quarter. Golden State Wealth Management LLC now owns 737 shares of the construction company’s stock valued at $94,000 after purchasing an additional 523 shares in the last quarter. Finally, Alpine Bank Wealth Management bought a new position in D.R. Horton in the first quarter valued at $61,000. Institutional investors own 90.63% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on DHI shares. Wall Street Zen raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Sunday, July 20th. Bank of America decreased their price objective on shares of D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a research report on Friday. Royal Bank Of Canada lifted their price objective on shares of D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research report on Wednesday, July 23rd. Finally, UBS Group raised their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, D.R. Horton currently has an average rating of “Hold” and an average target price of $156.54.

D.R. Horton Price Performance

Shares of D.R. Horton stock opened at $158.14 on Friday. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $184.54. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The company has a 50-day simple moving average of $166.65 and a two-hundred day simple moving average of $142.97. The stock has a market capitalization of $47.14 billion, a price-to-earnings ratio of 12.68, a price-to-earnings-growth ratio of 3.29 and a beta of 1.40.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, topping the consensus estimate of $2.90 by $0.46. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business had revenue of $9.23 billion during the quarter, compared to analysts’ expectations of $8.80 billion. During the same quarter in the previous year, the company earned $4.10 EPS. The business’s revenue was down 7.4% on a year-over-year basis. Analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

Insiders Place Their Bets

In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of D.R. Horton stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $183.00, for a total value of $251,808.00. Following the completion of the sale, the senior vice president owned 6,457 shares in the company, valued at $1,181,631. The trade was a 17.57% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman David V. Auld sold 30,000 shares of D.R. Horton stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the completion of the sale, the chairman owned 815,672 shares of the company’s stock, valued at $148,623,595.12. This trade represents a 3.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,376 shares of company stock worth $5,898,848 in the last quarter. 0.54% of the stock is currently owned by corporate insiders.

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.