269 Shares in D.R. Horton, Inc. (NYSE:DHI) Purchased by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC purchased a new position in D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 269 shares of the construction company’s stock, valued at approximately $38,000.

Several other institutional investors have also modified their holdings of the business. Mountaineer Partners Management LLC acquired a new position in shares of D.R. Horton in the third quarter worth about $1,853,178,000. FMR LLC lifted its stake in shares of D.R. Horton by 44.7% in the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after acquiring an additional 2,442,581 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of D.R. Horton by 0.3% in the third quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock worth $1,351,435,000 after acquiring an additional 21,073 shares in the last quarter. Smead Capital Management Inc. lifted its stake in shares of D.R. Horton by 3.5% in the third quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock worth $480,106,000 after acquiring an additional 84,835 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of D.R. Horton by 7.3% in the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after acquiring an additional 120,892 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Citigroup cut their price target on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. JPMorgan Chase & Co. cut D.R. Horton from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $188.00 to $156.00 in a research note on Friday, December 13th. JMP Securities restated a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. The Goldman Sachs Group cut their price objective on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Wedbush restated a “neutral” rating and set a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, D.R. Horton currently has a consensus rating of “Hold” and an average target price of $170.93.

D.R. Horton Stock Down 0.9 %

NYSE:DHI opened at $125.63 on Tuesday. The firm has a market capitalization of $39.59 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 0.54 and a beta of 1.76. The stock has a 50 day moving average of $137.19 and a 200-day moving average of $162.33. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. 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 (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period in the prior year, the company posted $2.82 EPS. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. Analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

D.R. Horton Company Profile

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.