1 day Ago By ABMN Staff
American Century Companies Inc. decreased its stake in D.R.
Horton, Inc. ( NYSE:DHI – Free Report ) by 10.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).
The fund owned 97,696 shares of the construction company’s stock after selling 11,915 shares during the period. American Century Companies Inc.’s holdings in D.
R. Horton were worth $13,660,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently made changes to their positions in the stock.
Golden State Wealth Management LLC purchased a new stake in D.R. Horton during the fourth quarter valued at about $30,000.
Rosenberg Matthew Hamilton increased its position in shares of D.R. Horton by 152.
8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after purchasing an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.
R. Horton during the 4th quarter valued at about $38,000. Sierra Ocean LLC purchased a new stake in D.
R. Horton in the fourth quarter worth approximately $43,000. Finally, Catalyst Capital Advisors LLC bought a new position in D.
R. Horton during the fourth quarter valued at approximately $51,000. Hedge funds and other institutional investors own 90.
63% of the company’s stock. Wall Street Analyst Weigh In A number of brokerages have recently weighed in on DHI. Keefe, Bruyette & Woods lowered shares of D.
R. Horton from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $200.00 to $183.
00 in a report on Tuesday, December 10th. Wells Fargo & Company cut their price target on shares of D.R.
Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th.
Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 price objective on shares of D.R.
Horton in a report on Wednesday, January 22nd. UBS Group dropped their target price on D.R.
Horton from $214.00 to $203.00 and set a “buy” rating for the company in a report on Wednesday, January 8th.
Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $210.00 price target on shares of D.R.
Horton in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.
com, the company presently has a consensus rating of “Hold” and an average target price of $170.93. D.
R. Horton Price Performance Shares of NYSE DHI opened at $127.26 on Wednesday.
D.R. Horton, Inc.
has a 1 year low of $124.23 and a 1 year high of $199.85.
The stock has a market capitalization of $40.10 billion, a P/E ratio of 8.99, a P/E/G ratio of 0.
54 and a beta of 1.80. The company’s 50-day moving average is $132.
16 and its 200 day moving average is $153.89. The company has a debt-to-equity ratio of 0.
20, a current ratio of 6.92 and a quick ratio of 1.09.
D.R. Horton ( NYSE:DHI – Get Free Report ) last announced its earnings results on Tuesday, January 21st.
The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.
24. D.R.
Horton had a return on equity of 18.48% and a net margin of 12.69%.
The firm had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion.
During the same quarter in the prior year, the company earned $2.82 EPS. The business’s revenue was down 1.
5% compared to the same quarter last year. On average, sell-side analysts expect that D.R.
Horton, Inc. will post 13.04 earnings per share for the current year.
D.R. Horton Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th.
Stockholders of record on Friday, February 7th were issued a dividend of $0.40 per share. This represents a $1.
60 dividend on an annualized basis and a dividend yield of 1.26%. The ex-dividend date was Friday, February 7th.
D.R. Horton’s dividend payout ratio (DPR) is presently 11.
31%. D.R.
Horton Company Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for D.R. Horton, Inc.
( NYSE:DHI – Free Report ). Receive News & Ratings for D.R.
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