D.R. Horton, Inc. $DHI Shares Sold by Windward Capital Management Co. CA

Windward Capital Management Co. CA reduced its holdings in D.R. Horton, Inc. (NYSE:DHI) by 3.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 180,547 shares of the construction company’s stock after selling 6,603 shares during the period. D.R. Horton makes up 2.1% of Windward Capital Management Co. CA’s holdings, making the stock its 15th biggest position. Windward Capital Management Co. CA’s holdings in D.R. Horton were worth $26,004,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Merit Financial Group LLC boosted its holdings in D.R. Horton by 25.6% during the 4th quarter. Merit Financial Group LLC now owns 18,298 shares of the construction company’s stock valued at $2,635,000 after acquiring an additional 3,726 shares during the period. Winnow Wealth LLC purchased a new position in shares of D.R. Horton in the third quarter valued at approximately $960,000. Nordea Investment Management AB increased its stake in D.R. Horton by 41.5% during the 4th quarter. Nordea Investment Management AB now owns 1,239,316 shares of the construction company’s stock worth $179,428,000 after buying an additional 363,573 shares during the period. Arete Wealth Advisors LLC acquired a new stake in D.R. Horton during the 3rd quarter worth approximately $946,000. Finally, Mediolanum International Funds Ltd grew its stake in shares of D.R. Horton by 96.6% in the third quarter. Mediolanum International Funds Ltd now owns 151,153 shares of the construction company’s stock worth $25,670,000 after acquiring an additional 74,266 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of DHI opened at $164.27 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.98 and a current ratio of 6.46. D.R. Horton, Inc. has a fifty-two week low of $114.17 and a fifty-two week high of $184.54. The firm has a 50-day simple moving average of $148.29 and a 200-day simple moving average of $150.69. The company has a market capitalization of $47.59 billion, a price-to-earnings ratio of 15.40, a price-to-earnings-growth ratio of 2.59 and a beta of 1.44.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.09. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.The firm had revenue of $7.56 billion for the quarter, compared to analysts’ expectations of $9.22 billion. During the same quarter in the previous year, the firm posted $2.58 EPS. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. On average, equities research analysts anticipate that D.R. Horton, Inc. will post 10.43 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 7th. D.R. Horton’s payout ratio is currently 16.35%.

Insider Activity at D.R. Horton

In other news, SVP Aron M. Odom sold 260 shares of D.R. Horton stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $167.55, for a total value of $43,563.00. Following the sale, the senior vice president owned 6,457 shares of the company’s stock, valued at $1,081,870.35. The trade was a 3.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.66% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Citigroup lifted their target price on D.R. Horton from $162.00 to $173.00 and gave the company a “neutral” rating in a report on Thursday. The Goldman Sachs Group boosted their target price on shares of D.R. Horton from $172.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday. Wells Fargo & Company lifted their price target on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday. Keefe, Bruyette & Woods reiterated a “reduce” rating on shares of D.R. Horton in a report on Tuesday, January 27th. Finally, Evercore upped their price target on D.R. Horton from $167.00 to $169.00 and gave the company an “in-line” rating in a report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, D.R. Horton presently has an average rating of “Hold” and a consensus price target of $168.54.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.