D. R. Horton Inc (NYSE:DHI) insider David V. Auld sold 4,986 shares of the stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $45.00, for a total value of $224,370.00. Following the sale, the insider now directly owns 223,485 shares of the company’s stock, valued at $10,056,825. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
D. R. Horton Inc (DHI) traded down $0.27 during midday trading on Thursday, reaching $45.15. The company had a trading volume of 5,020,078 shares, compared to its average volume of 5,444,925. D. R. Horton Inc has a 12-month low of $30.10 and a 12-month high of $53.32. The stock has a market cap of $16,920.00, a P/E ratio of 15.22, a P/E/G ratio of 1.20 and a beta of 1.09. The company has a quick ratio of 0.92, a current ratio of 7.03 and a debt-to-equity ratio of 0.40.
D. R. Horton (NYSE:DHI) last released its quarterly earnings results on Wednesday, January 31st. The construction company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.13. The company had revenue of $3.33 billion during the quarter, compared to the consensus estimate of $3.26 billion. D. R. Horton had a return on equity of 14.83% and a net margin of 7.03%. D. R. Horton’s revenue was up 14.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 earnings per share. equities research analysts anticipate that D. R. Horton Inc will post 3.75 earnings per share for the current year.
Several large investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC acquired a new position in D. R. Horton in the fourth quarter valued at $5,393,000. Element Capital Management LLC purchased a new stake in shares of D. R. Horton during the fourth quarter worth about $28,543,000. Macquarie Group Ltd. increased its position in shares of D. R. Horton by 5.9% during the fourth quarter. Macquarie Group Ltd. now owns 379,554 shares of the construction company’s stock worth $21,075,000 after acquiring an additional 21,123 shares during the last quarter. Tiemann Investment Advisors LLC purchased a new stake in shares of D. R. Horton during the fourth quarter worth about $203,000. Finally, Verition Fund Management LLC purchased a new stake in shares of D. R. Horton during the fourth quarter worth about $241,000. 80.43% of the stock is owned by institutional investors and hedge funds.
A number of analysts have weighed in on the company. Bank of America increased their price objective on D. R. Horton to $71.00 and gave the stock a “buy” rating in a research report on Thursday, February 1st. Barclays raised their price target on D. R. Horton from $50.00 to $52.00 and gave the company an “equal weight” rating in a report on Thursday, February 1st. ValuEngine raised D. R. Horton from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Royal Bank of Canada reissued a “buy” rating and issued a $58.00 price target on shares of D. R. Horton in a report on Monday, February 5th. Finally, Mizuho reissued a “hold” rating and issued a $38.00 price target on shares of D. R. Horton in a report on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $52.69.
D. R. Horton Company Profile
D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.
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