Nemes Rush Group LLC Buys 82 Shares of D.R. Horton, Inc. (NYSE:DHI)

Nemes Rush Group LLC grew its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 74.5% in the 4th quarter, Holdings Channel reports. The firm owned 192 shares of the construction company’s stock after acquiring an additional 82 shares during the quarter. Nemes Rush Group LLC’s holdings in D.R. Horton were worth $27,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in D.R. Horton during the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in D.R. Horton in the fourth quarter worth approximately $38,000. Rosenberg Matthew Hamilton lifted its stake in D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after buying an additional 165 shares during the period. Sierra Ocean LLC bought a new position in shares of D.R. Horton during the 4th quarter worth approximately $43,000. Finally, Catalyst Capital Advisors LLC acquired a new stake in shares of D.R. Horton during the 4th quarter worth approximately $51,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Up 0.5 %

D.R. Horton stock opened at $128.07 on Thursday. D.R. Horton, Inc. has a fifty-two week low of $123.40 and a fifty-two week high of $199.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The firm’s 50-day simple moving average is $131.79 and its 200 day simple moving average is $153.71. The stock has a market cap of $40.36 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.24. The company had revenue of $7.61 billion during 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%. D.R. Horton’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the prior year, the company posted $2.82 earnings per share. Research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date was Friday, February 7th. D.R. Horton’s payout ratio is 11.31%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. UBS Group cut their target price on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. JPMorgan Chase & Co. downgraded 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. Seaport Res Ptn raised D.R. Horton from a “hold” rating to a “strong-buy” rating in a research note on Thursday, March 6th. StockNews.com raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Barclays lowered 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. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, D.R. Horton presently has an average rating of “Hold” and an average 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.