Polianta Ltd Makes New Investment in D.R. Horton, Inc. $DHI

Polianta Ltd purchased a new stake in D.R. Horton, Inc. (NYSE:DHIFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,300 shares of the construction company’s stock, valued at approximately $2,003,000. D.R. Horton accounts for 0.2% of Polianta Ltd’s investment portfolio, making the stock its 25th biggest holding.

A number of other hedge funds also recently made changes to their positions in the business. Capital World Investors grew its holdings in D.R. Horton by 22.1% in the 4th quarter. Capital World Investors now owns 36,948,434 shares of the construction company’s stock worth $5,321,849,000 after buying an additional 6,695,592 shares in the last quarter. Norges Bank bought a new stake in D.R. Horton during the 4th quarter valued at $649,305,000. Boston Partners bought a new stake in D.R. Horton during the 3rd quarter valued at $274,784,000. Viking Global Investors LP boosted its position in D.R. Horton by 108.3% during the 2nd quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock worth $364,461,000 after acquiring an additional 1,469,978 shares during the period. Finally, Amundi grew its stake in shares of D.R. Horton by 108.3% in the first quarter. Amundi now owns 1,602,945 shares of the construction company’s stock worth $219,956,000 after purchasing an additional 833,359 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

DHI has been the topic of a number of research analyst reports. UBS Group raised their price target on D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Truist Financial upped their price objective on shares of D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Keefe, Bruyette & Woods decreased their target price on shares of D.R. Horton from $175.00 to $167.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. BTIG Research set a $184.00 target price on shares of D.R. Horton in a research note on Wednesday, July 22nd. Finally, Barclays upped their price target on shares of D.R. Horton from $140.00 to $141.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 14th. Five investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, D.R. Horton currently has an average rating of “Hold” and a consensus target price of $166.92.

Read Our Latest Stock Report on DHI

D.R. Horton Trading Up 3.3%

Shares of D.R. Horton stock opened at $150.80 on Friday. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. The firm has a market cap of $42.18 billion, a price-to-earnings ratio of 14.35, a price-to-earnings-growth ratio of 2.40 and a beta of 1.37. The business has a fifty day simple moving average of $151.78 and a 200-day simple moving average of $150.02. D.R. Horton, Inc. has a fifty-two week low of $131.75 and a fifty-two week high of $184.54.

D.R. Horton (NYSE:DHIGet Free Report) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.02 by $0.18. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The firm had revenue of $9.23 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same period in the previous year, the company earned $3.36 earnings per share. D.R. Horton’s revenue was up .0% compared to the same quarter last year. On average, equities analysts forecast that D.R. Horton, Inc. will post 10.47 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th will be given a dividend of $0.45 per share. The ex-dividend date is Thursday, August 6th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio (DPR) is 17.13%.

D.R. Horton Company Profile

(Free Report)

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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Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

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