Commonwealth Equity Services LLC Purchases 1,058 Shares of D.R. Horton, Inc. (NYSE:DHI)

Commonwealth Equity Services LLC grew its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 2.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,214 shares of the construction company’s stock after buying an additional 1,058 shares during the period. Commonwealth Equity Services LLC’s holdings in D.R. Horton were worth $6,322,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Insigneo Advisory Services LLC increased its position in D.R. Horton by 1.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company’s stock worth $695,000 after buying an additional 67 shares during the period. Private Trust Co. NA increased its position in shares of D.R. Horton by 1.0% in the third quarter. Private Trust Co. NA now owns 7,620 shares of the construction company’s stock worth $1,454,000 after purchasing an additional 78 shares during the period. Allworth Financial LP increased its position in shares of D.R. Horton by 5.5% in the fourth quarter. Allworth Financial LP now owns 1,561 shares of the construction company’s stock worth $229,000 after purchasing an additional 82 shares during the period. Secure Asset Management LLC increased its position in shares of D.R. Horton by 4.8% in the fourth quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company’s stock worth $257,000 after purchasing an additional 84 shares during the period. Finally, Bfsg LLC increased its position in shares of D.R. Horton by 24.4% in the fourth quarter. Bfsg LLC now owns 484 shares of the construction company’s stock worth $68,000 after purchasing an additional 95 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of DHI stock opened at $128.77 on Friday. The business’s 50-day moving average price is $134.42 and its 200-day moving average price is $157.19. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. The firm has a market capitalization of $40.58 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 0.54 and a beta of 1.80. 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 posted its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates 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 return on equity of 18.48% and a net margin of 12.69%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.82 earnings per share. Equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s dividend payout ratio is currently 11.31%.

Analyst Ratings Changes

DHI has been the topic of a number of recent analyst reports. Wedbush restated a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. Citigroup decreased their price target on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a research report on Monday, January 6th. Barclays decreased their target price on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. cut D.R. Horton from a “neutral” rating to an “underweight” rating and decreased their target price for the company from $188.00 to $156.00 in a research report on Friday, December 13th. Finally, Wells Fargo & Company decreased their target price on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $170.93.

About D.R. Horton

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.