D.R. Horton, Inc. (NYSE:DHI) Shares Bought by Blueshift Asset Management LLC

Blueshift Asset Management LLC grew its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 280.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,138 shares of the construction company’s stock after acquiring an additional 3,049 shares during the period. Blueshift Asset Management LLC’s holdings in D.R. Horton were worth $579,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in DHI. Principal Financial Group Inc. grew its holdings in D.R. Horton by 7.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after acquiring an additional 120,892 shares in the last quarter. MAI Capital Management acquired a new position in shares of D.R. Horton in the 3rd quarter valued at about $2,281,000. Pathstone Holdings LLC boosted its holdings in shares of D.R. Horton by 3.4% in the 3rd quarter. Pathstone Holdings LLC now owns 42,770 shares of the construction company’s stock valued at $8,159,000 after buying an additional 1,426 shares during the period. Caprock Group LLC boosted its holdings in shares of D.R. Horton by 5.1% in the 3rd quarter. Caprock Group LLC now owns 8,030 shares of the construction company’s stock valued at $1,532,000 after buying an additional 391 shares during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of D.R. Horton in the 3rd quarter valued at about $1,746,000. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Up 0.6 %

DHI stock opened at $131.18 on Friday. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. The company has a market capitalization of $41.34 billion, a price-to-earnings ratio of 9.27, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The firm’s 50-day moving average is $134.57 and its two-hundred day moving average is $157.60. 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 released its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the previous year, the firm earned $2.82 EPS. D.R. Horton’s revenue was down 1.5% on a year-over-year basis. On average, analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were given a dividend of $0.40 per share. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

Analyst Ratings Changes

Several research analysts have recently commented on DHI shares. Citigroup decreased their price target on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a report on Monday, January 6th. Wedbush reaffirmed a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. JMP Securities reaffirmed a “market outperform” rating and issued a $210.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. JPMorgan Chase & Co. lowered shares of D.R. Horton from a “neutral” rating to an “underweight” rating and reduced their target price for the company from $188.00 to $156.00 in a research note on Friday, December 13th. Finally, The Goldman Sachs Group reduced their target price on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus price target of $170.93.

D.R. Horton Company 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.