Catalyst Capital Advisors LLC Has $9.80 Million Stake in D. R. Horton Inc (NYSE:DHI)

Share on StockTwits

Catalyst Capital Advisors LLC grew its holdings in D. R. Horton Inc (NYSE:DHI) by 1,060.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 185,700 shares of the construction company’s stock after buying an additional 169,700 shares during the period. Catalyst Capital Advisors LLC’s holdings in D. R. Horton were worth $9,795,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp increased its holdings in D. R. Horton by 0.7% in the fourth quarter. State Street Corp now owns 15,593,139 shares of the construction company’s stock worth $822,538,000 after buying an additional 111,469 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in D. R. Horton by 7.1% in the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,529,623 shares of the construction company’s stock worth $80,688,000 after buying an additional 101,971 shares during the last quarter. Hexavest Inc. increased its holdings in D. R. Horton by 42.5% in the fourth quarter. Hexavest Inc. now owns 894,361 shares of the construction company’s stock worth $47,178,000 after buying an additional 266,885 shares during the last quarter. Victory Capital Management Inc. increased its holdings in D. R. Horton by 10.4% in the fourth quarter. Victory Capital Management Inc. now owns 880,012 shares of the construction company’s stock worth $52,097,000 after buying an additional 82,947 shares during the last quarter. Finally, New York State Common Retirement Fund increased its holdings in D. R. Horton by 11.9% in the fourth quarter. New York State Common Retirement Fund now owns 876,800 shares of the construction company’s stock worth $46,251,000 after buying an additional 92,900 shares during the last quarter. Institutional investors own 84.02% of the company’s stock.

In other news, Director Bradley S. Anderson sold 7,500 shares of the stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $61.28, for a total value of $459,600.00. Following the completion of the sale, the director now directly owns 49,994 shares of the company’s stock, valued at $3,063,632.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barbara K. Allen sold 470 shares of the stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $55.36, for a total value of $26,019.20. Following the completion of the sale, the director now directly owns 6,120 shares of the company’s stock, valued at $338,803.20. The disclosure for this sale can be found here. Insiders have sold 68,470 shares of company stock valued at $3,819,364 in the last ninety days. Company insiders own 6.96% of the company’s stock.

Shares of D. R. Horton stock opened at $61.60 on Thursday. The stock has a market capitalization of $22.66 billion, a P/E ratio of 13.11, a PEG ratio of 1.06 and a beta of 0.95. The company has a quick ratio of 1.29, a current ratio of 7.13 and a debt-to-equity ratio of 0.36. The stock has a 50 day moving average price of $56.45 and a two-hundred day moving average price of $52.73. D. R. Horton Inc has a 12-month low of $37.81 and a 12-month high of $62.12.

D. R. Horton (NYSE:DHI) last announced its earnings results on Monday, January 27th. The construction company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.24. The firm had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.76 billion. D. R. Horton had a return on equity of 16.92% and a net margin of 9.74%. The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 earnings per share. Sell-side analysts anticipate that D. R. Horton Inc will post 5.08 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, February 24th. Shareholders of record on Monday, February 10th will be given a dividend of $0.175 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.70 dividend on an annualized basis and a yield of 1.14%. D. R. Horton’s payout ratio is currently 16.32%.

A number of research firms recently commented on DHI. Wells Fargo & Co increased their price objective on D. R. Horton from $54.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. SunTrust Banks increased their price objective on D. R. Horton from $60.00 to $68.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Royal Bank of Canada restated an “underperform” rating and issued a $55.00 price objective on shares of D. R. Horton in a report on Tuesday, January 28th. Raymond James increased their price objective on D. R. Horton from $58.00 to $66.00 and gave the stock an “outperform” rating in a report on Tuesday, January 28th. Finally, Bank of America restated a “buy” rating and issued a $70.00 price objective (up previously from $65.00) on shares of D. R. Horton in a report on Tuesday, January 28th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $56.46.

D. R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.

Featured Story: Closed-End Mutual Funds

Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D. R. Horton Inc (NYSE:DHI).

Institutional Ownership by Quarter for D. R. Horton (NYSE:DHI)

Receive News & Ratings for D. R. Horton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D. R. Horton and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

GAM Holding AG Decreases Holdings in Lear Co.
GAM Holding AG Decreases Holdings in Lear Co.
GAM Holding AG Makes New Investment in FirstEnergy Corp.
GAM Holding AG Makes New Investment in FirstEnergy Corp.
GAM Holding AG Sells 1,916 Shares of Constellation Brands, Inc.
GAM Holding AG Sells 1,916 Shares of Constellation Brands, Inc.
GAM Holding AG Reduces Stock Position in Philip Morris International Inc.
GAM Holding AG Reduces Stock Position in Philip Morris International Inc.
GAM Holding AG Makes New $332,000 Investment in Nordson Co.
GAM Holding AG Makes New $332,000 Investment in Nordson Co.
Cracker Barrel Old Country Store, Inc.  Shares Sold by GAM Holding AG
Cracker Barrel Old Country Store, Inc. Shares Sold by GAM Holding AG


 
© 2006-2020 Zolmax.