D.R. Horton, Inc. (NYSE:DHI) Holdings Lifted by Atlas Private Wealth Advisors


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Atlas Private Wealth Advisors grew its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 2,307.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 313 shares of the construction company’s stock after buying an additional 300 shares during the period. Atlas Private Wealth Advisors’ holdings in D.R. Horton were worth $28,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. RWM Asset Management LLC acquired a new stake in D.R. Horton in the 4th quarter valued at approximately $34,000. RMR Wealth Builders bought a new stake in D.R. Horton during the fourth quarter worth approximately $41,000. Regent Peak Wealth Advisors LLC acquired a new stake in shares of D.R. Horton in the fourth quarter valued at $55,000. Annapolis Financial Services LLC bought a new stake in D.R. Horton in the fourth quarter worth about $62,000. Finally, Planned Solutions Inc. acquired a new stake in D.R. Horton in the 4th quarter valued at about $67,000. Institutional investors and hedge funds own 82.15% of the company’s stock.

Several analysts recently commented on the stock. Janney Montgomery Scott initiated coverage on shares of D.R. Horton in a research note on Thursday, January 21st. They set a “neutral” rating for the company. Raymond James reiterated an “outperform” rating and set a $110.00 price objective (up previously from $91.00) on shares of D.R. Horton in a research report on Thursday, April 29th. Wolfe Research assumed coverage on D.R. Horton in a report on Monday, March 22nd. They issued an “outperform” rating and a $94.00 target price on the stock. Credit Suisse Group upped their target price on D.R. Horton from $88.00 to $100.00 and gave the company an “outperform” rating in a report on Wednesday, January 27th. Finally, Barclays lifted their price target on D.R. Horton from $108.00 to $114.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 27th. Three investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $91.41.

In other news, Director Barbara K. Allen sold 470 shares of the business’s stock in a transaction that occurred on Wednesday, March 10th. The stock was sold at an average price of $81.86, for a total transaction of $38,474.20. Following the sale, the director now directly owns 5,650 shares in the company, valued at $462,509. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Bradley S. Anderson sold 5,000 shares of the company’s stock in a transaction on Tuesday, April 27th. The shares were sold at an average price of $101.56, for a total value of $507,800.00. Following the completion of the transaction, the director now owns 44,159 shares of the company’s stock, valued at $4,484,788.04. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 19,419 shares of company stock valued at $1,709,596. Corporate insiders own 0.46% of the company’s stock.

Shares of NYSE DHI opened at $100.85 on Tuesday. The business’s 50-day simple moving average is $91.73 and its 200-day simple moving average is $78.45. D.R. Horton, Inc. has a 52 week low of $43.82 and a 52 week high of $102.60. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.82 and a current ratio of 6.70. The firm has a market cap of $36.35 billion, a price-to-earnings ratio of 15.71, a P/E/G ratio of 0.67 and a beta of 1.70.

D.R. Horton (NYSE:DHI) last announced its earnings results on Thursday, April 22nd. The construction company reported $2.53 EPS for the quarter, topping the consensus estimate of $2.18 by $0.35. The firm had revenue of $6.45 billion for the quarter, compared to the consensus estimate of $6.14 billion. D.R. Horton had a net margin of 11.69% and a return on equity of 20.67%. The business’s quarterly revenue was up 43.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.30 EPS. As a group, equities research analysts forecast that D.R. Horton, Inc. will post 8.02 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 20th. Stockholders of record on Monday, May 10th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, May 7th. This represents a $0.80 annualized dividend and a dividend yield of 0.79%. D.R. Horton’s payout ratio is 12.99%.

D.R. Horton 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 29 states and 88 markets under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes.

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

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