6,343 Shares in D.R. Horton, Inc. $DHI Purchased by Osmosis Investment Management UK Ltd

Osmosis Investment Management UK Ltd bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,343 shares of the construction company’s stock, valued at approximately $1,033,000.

Other hedge funds also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC purchased a new stake in shares of D.R. Horton during the 4th quarter worth approximately $25,000. Osbon Capital Management LLC purchased a new position in D.R. Horton in the 4th quarter valued at approximately $26,000. Wilkerson Advisory Group LLC purchased a new position in D.R. Horton in the 4th quarter valued at approximately $30,000. Compass Financial Management LLC acquired a new position in D.R. Horton during the second quarter worth $31,000. Finally, Bell Investment Advisors Inc acquired a new position in D.R. Horton during the second quarter worth $32,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

Shares of DHI opened at $149.04 on Tuesday. D.R. Horton, Inc. has a 1 year low of $131.75 and a 1 year high of $184.54. The company’s 50 day simple moving average is $151.68 and its 200 day simple moving average is $149.72. The company has a market capitalization of $41.69 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 2.35 and a beta of 1.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.02 by $0.18. The firm had revenue of $9.23 billion during the quarter, compared to analysts’ expectations of $9.10 billion. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. D.R. Horton’s revenue for the quarter was up .0% on a year-over-year basis. During the same period in the previous year, the company earned $3.36 EPS. On average, sell-side analysts predict that D.R. Horton, Inc. will post 10.47 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, August 6th. D.R. Horton’s dividend payout ratio is presently 17.13%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on DHI shares. Royal Bank Of Canada reissued a “mixed” rating on shares of D.R. Horton in a report on Wednesday, July 22nd. Keefe, Bruyette & Woods cut their price target on D.R. Horton from $175.00 to $167.00 and set a “market perform” rating for the company in a research note on Wednesday, July 22nd. Wells Fargo & Company decreased their price objective on shares of D.R. Horton from $170.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 4th. The Goldman Sachs Group reissued a “buy” rating on shares of D.R. Horton in a research note on Tuesday, July 21st. Finally, BTIG Research set a $184.00 target price on shares of D.R. Horton in a report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, D.R. Horton has an average rating of “Hold” and an average price target of $166.92.

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.