D.R. Horton, Inc. $DHI Shares Purchased by Personal CFO Solutions LLC

Personal CFO Solutions LLC boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 217.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,078 shares of the construction company’s stock after purchasing an additional 3,477 shares during the quarter. Personal CFO Solutions LLC’s holdings in D.R. Horton were worth $697,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of DHI. Integrated Wealth Concepts LLC grew its position in shares of D.R. Horton by 23.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company’s stock worth $538,000 after buying an additional 803 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in D.R. Horton by 295.5% in the first quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company’s stock valued at $77,000 after acquiring an additional 455 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in D.R. Horton in the second quarter valued at approximately $302,000. Brown Advisory Inc. lifted its stake in D.R. Horton by 3.4% in the second quarter. Brown Advisory Inc. now owns 6,319 shares of the construction company’s stock worth $815,000 after acquiring an additional 208 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in D.R. Horton by 8.9% during the 2nd quarter. Cerity Partners LLC now owns 34,926 shares of the construction company’s stock worth $4,503,000 after acquiring an additional 2,859 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analysts Set New Price Targets

DHI has been the topic of a number of recent analyst reports. Seaport Research Partners reissued a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Royal Bank Of Canada lifted their price objective on shares of D.R. Horton from $117.00 to $123.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 22nd. Zelman & Associates upgraded shares of D.R. Horton from a “neutral” rating to an “outperform” rating in a research note on Tuesday. Barclays increased their target price on D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Finally, Truist Financial lifted their price target on D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $168.54.

D.R. Horton Stock Up 0.7%

DHI opened at $149.61 on Friday. D.R. Horton, Inc. has a one year low of $129.11 and a one year high of $184.54. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.97 and a current ratio of 6.46. The stock has a market capitalization of $42.43 billion, a P/E ratio of 14.02, a price-to-earnings-growth ratio of 2.08 and a beta of 1.36. The business’s 50-day simple moving average is $150.34 and its 200-day simple moving average is $150.23.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.09. The firm had revenue of $7.56 billion during the quarter, compared to analysts’ expectations of $7.55 billion. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.The business’s revenue was down 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $2.58 EPS. Analysts anticipate that D.R. Horton, Inc. will post 10.6 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 7th. D.R. Horton’s dividend payout ratio is presently 16.87%.

D.R. Horton Profile

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.