O Shaughnessy Asset Management LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 58.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 339,560 shares of the construction company’s stock after buying an additional 125,714 shares during the quarter. O Shaughnessy Asset Management LLC’s holdings in D.R. Horton were worth $48,907,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. Mutual Advisors LLC increased its position in shares of D.R. Horton by 4.0% during the third quarter. Mutual Advisors LLC now owns 1,819 shares of the construction company’s stock valued at $288,000 after acquiring an additional 70 shares in the last quarter. Deseret Mutual Benefit Administrators increased its position in shares of D.R. Horton by 11.0% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 716 shares of the construction company’s stock valued at $103,000 after acquiring an additional 71 shares in the last quarter. AMG National Trust Bank increased its position in shares of D.R. Horton by 0.7% during the fourth quarter. AMG National Trust Bank now owns 10,899 shares of the construction company’s stock valued at $1,570,000 after acquiring an additional 74 shares in the last quarter. AdvisorShares Investments LLC increased its position in shares of D.R. Horton by 2.4% during the fourth quarter. AdvisorShares Investments LLC now owns 3,336 shares of the construction company’s stock valued at $480,000 after acquiring an additional 77 shares in the last quarter. Finally, Caitlin John LLC increased its position in shares of D.R. Horton by 3.4% during the third quarter. Caitlin John LLC now owns 2,426 shares of the construction company’s stock valued at $411,000 after acquiring an additional 79 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.
D.R. Horton Trading Up 0.2%
NYSE:DHI opened at $145.85 on Monday. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27. D.R. Horton, Inc. has a 12 month low of $119.54 and a 12 month high of $184.54. The company has a market cap of $41.36 billion, a PE ratio of 13.67, a price-to-earnings-growth ratio of 2.04 and a beta of 1.38. The company has a 50 day simple moving average of $145.46 and a two-hundred day simple moving average of $149.60.
D.R. Horton Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s payout ratio is presently 16.87%.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on DHI shares. Barclays raised their price target on shares of D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Seaport Research Partners reaffirmed a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. UBS Group lifted their target price on shares of D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. The Goldman Sachs Group lifted 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 report on Tuesday, April 21st. Finally, Wells Fargo & Company lifted their target price on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $168.54.
View Our Latest Analysis on D.R. Horton
D.R. Horton Company 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.
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