4,068 Shares in D.R. Horton, Inc. $DHI Purchased by Leonteq Securities AG

Leonteq Securities AG acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,068 shares of the construction company’s stock, valued at approximately $586,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Concord Wealth Partners purchased a new position in shares of D.R. Horton during the 3rd quarter worth approximately $25,000. Sound Income Strategies LLC acquired a new stake in D.R. Horton during the 4th quarter valued at $27,000. Ameriflex Group Inc. acquired a new stake in D.R. Horton during the 3rd quarter valued at $31,000. Elevated Capital Advisors LLC acquired a new stake in D.R. Horton during the 4th quarter valued at $27,000. Finally, Westfuller Advisors LLC acquired a new stake in D.R. Horton during the 3rd quarter valued at $34,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of DHI opened at $143.88 on Friday. 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 company has a market capitalization of $40.80 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 2.02 and a beta of 1.41. The company’s 50 day simple moving average is $143.93 and its 200 day simple moving average is $149.41. D.R. Horton, Inc. has a 1 year low of $114.17 and a 1 year high of $184.54.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.09. The business had revenue of $7.56 billion for the quarter, compared to the consensus estimate of $7.55 billion. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The company’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.58 earnings per share. On average, sell-side analysts predict that D.R. Horton, Inc. will post 10.57 EPS for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. D.R. Horton’s dividend payout ratio is presently 16.87%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Truist Financial increased their target price on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Argus increased their target price on D.R. Horton from $175.00 to $185.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Zacks Research upgraded D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Weiss Ratings cut D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday. Finally, Keefe, Bruyette & Woods reiterated a “reduce” rating on shares of D.R. Horton in a report on Tuesday, January 27th. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $168.54.

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.