Aware Super Pty Ltd as trustee of Aware Super Takes Position in D.R. Horton, Inc. (NYSE:DHI)

Aware Super Pty Ltd as trustee of Aware Super bought a new position in D.R. Horton, Inc. (NYSE:DHI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 85,293 shares of the construction company’s stock, valued at approximately $11,926,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Nemes Rush Group LLC lifted its holdings in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock valued at $27,000 after purchasing an additional 82 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in D.R. Horton during the 4th quarter worth approximately $30,000. Rosenberg Matthew Hamilton raised its holdings in shares of D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after buying an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in D.R. Horton during the 4th quarter worth about $38,000. Finally, Sierra Ocean LLC purchased a new position in shares of D.R. Horton in the fourth quarter worth about $43,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

DHI stock opened at $120.90 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The business has a 50 day simple moving average of $127.32 and a 200-day simple moving average of $148.65. The firm has a market capitalization of $38.10 billion, a PE ratio of 8.54, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.24. The company had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. D.R. Horton’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.82 EPS. Equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Wall Street Analysts Forecast Growth

DHI has been the subject of several research reports. Bank of America cut shares of D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $160.00 to $150.00 in a research note on Monday, January 27th. StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Seaport Res Ptn upgraded D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Wells Fargo & Company cut their price objective on shares of D.R. Horton from $175.00 to $160.00 and set an “overweight” rating for the company in a report on Monday. Finally, The Goldman Sachs Group cut their price objective on D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $168.07.

D.R. Horton 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.