Rothschild Investment LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,206 shares of the construction company’s stock after acquiring an additional 100 shares during the quarter. Rothschild Investment LLC’s holdings in D.R. Horton were worth $448,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Golden State Equity Partners raised its holdings in D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company’s stock worth $545,000 after purchasing an additional 3,171 shares during the last quarter. KBC Group NV raised its stake in shares of D.R. Horton by 360.0% during the third quarter. KBC Group NV now owns 271,038 shares of the construction company’s stock worth $51,706,000 after buying an additional 212,112 shares during the last quarter. Legacy CG LLC acquired a new position in D.R. Horton in the third quarter valued at approximately $4,220,000. Toronto Dominion Bank boosted its stake in D.R. Horton by 17.3% in the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company’s stock valued at $20,025,000 after acquiring an additional 15,460 shares during the last quarter. Finally, Pensionfund Sabic grew its holdings in D.R. Horton by 70.2% during the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company’s stock worth $1,356,000 after acquiring an additional 4,000 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.
D.R. Horton Trading Up 4.6 %
DHI opened at $132.25 on Wednesday. The stock has a market capitalization of $41.67 billion, a P/E ratio of 9.35, a P/E/G ratio of 0.54 and a beta of 1.76. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. The firm’s fifty day simple moving average is $138.22 and its 200 day simple moving average is $163.66.
D.R. Horton Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.21%. D.R. Horton’s dividend payout ratio is currently 11.31%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on DHI shares. Citigroup reduced their price target on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. JMP Securities restated a “market outperform” rating and set a $210.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. Wells Fargo & Company lowered their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Evercore ISI reduced their price objective on shares of D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Finally, Barclays lowered their target price on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, D.R. Horton has an average rating of “Hold” and a consensus target price of $170.93.
View Our Latest Stock Report on D.R. Horton
About D.R. Horton
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.
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