FDx Advisors Inc. cut its stake in shares of D. R. Horton Inc (NYSE:DHI) by 3.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 44,439 shares of the construction company’s stock after selling 1,596 shares during the quarter. FDx Advisors Inc.’s holdings in D. R. Horton were worth $2,269,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the company. Ameritas Investment Partners Inc. grew its holdings in shares of D. R. Horton by 1.4% during the second quarter. Ameritas Investment Partners Inc. now owns 8,210 shares of the construction company’s stock valued at $283,000 after purchasing an additional 111 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of D. R. Horton by 17.9% during the third quarter. Cetera Investment Advisers now owns 7,295 shares of the construction company’s stock worth $293,000 after buying an additional 1,105 shares during the period. Global X MANAGEMENT CO LLC boosted its position in shares of D. R. Horton by 14.3% during the third quarter. Global X MANAGEMENT CO LLC now owns 9,318 shares of the construction company’s stock worth $372,000 after buying an additional 1,167 shares during the period. Teacher Retirement System of Texas boosted its position in shares of D. R. Horton by 0.6% during the third quarter. Teacher Retirement System of Texas now owns 188,956 shares of the construction company’s stock worth $7,545,000 after buying an additional 1,170 shares during the period. Finally, WESCAP Management Group Inc. boosted its position in shares of D. R. Horton by 4.0% during the third quarter. WESCAP Management Group Inc. now owns 31,375 shares of the construction company’s stock worth $1,253,000 after buying an additional 1,193 shares during the period. 81.87% of the stock is owned by institutional investors.
DHI has been the subject of several analyst reports. BTIG Research boosted their price objective on D. R. Horton to $62.00 in a research report on Thursday, December 14th. ValuEngine downgraded D. R. Horton from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Royal Bank of Canada reiterated a “buy” rating and set a $51.00 price objective on shares of D. R. Horton in a research report on Sunday, November 12th. UBS Group boosted their price objective on D. R. Horton from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Finally, Bank of America boosted 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. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $52.69.
Shares of D. R. Horton Inc (NYSE:DHI) opened at $44.26 on Friday. The firm has a market capitalization of $16,890.11, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 1.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.40, a current ratio of 7.03 and a quick ratio of 0.92. D. R. Horton Inc has a 52-week low of $30.61 and a 52-week high of $53.32.
D. R. Horton (NYSE:DHI) last posted its quarterly earnings results on Wednesday, January 31st. The construction company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.64 by $0.13. The company had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.26 billion. D. R. Horton had a return on equity of 14.83% and a net margin of 7.03%. The firm’s revenue was up 14.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.55 earnings per share. equities analysts predict that D. R. Horton Inc will post 3.75 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Shareholders of record on Friday, February 23rd will be issued a $0.125 dividend. The ex-dividend date is Thursday, February 22nd. This represents a $0.50 annualized dividend and a dividend yield of 1.13%. D. R. Horton’s dividend payout ratio is currently 18.73%.
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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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