Vise Technologies Inc. Has $2.15 Million Stock Holdings in D.R. Horton, Inc. $DHI

Vise Technologies Inc. grew its stake in D.R. Horton, Inc. (NYSE:DHI) by 132.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,925 shares of the construction company’s stock after buying an additional 8,517 shares during the period. Vise Technologies Inc.’s holdings in D.R. Horton were worth $2,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Merit Financial Group LLC lifted its holdings in shares of D.R. Horton by 25.6% in the fourth quarter. Merit Financial Group LLC now owns 18,298 shares of the construction company’s stock valued at $2,635,000 after purchasing an additional 3,726 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of D.R. Horton by 41.5% in the fourth quarter. Nordea Investment Management AB now owns 1,239,316 shares of the construction company’s stock valued at $179,428,000 after purchasing an additional 363,573 shares in the last quarter. Arete Wealth Advisors LLC bought a new position in shares of D.R. Horton in the third quarter valued at approximately $946,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of D.R. Horton by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 569,423 shares of the construction company’s stock valued at $82,253,000 after purchasing an additional 9,765 shares in the last quarter. Finally, Savant Capital LLC lifted its holdings in shares of D.R. Horton by 130.9% in the third quarter. Savant Capital LLC now owns 17,255 shares of the construction company’s stock valued at $2,924,000 after purchasing an additional 9,781 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Truist Financial raised their target price on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Zacks Research upgraded D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a report on Tuesday, April 7th. Weiss Ratings lowered D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Finally, Barclays raised their target price on D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, D.R. Horton has an average rating of “Hold” and an average target price of $168.54.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $145.85 on Monday. The business’s fifty day simple moving average is $145.46 and its 200 day simple moving average is $149.60. The firm has a market capitalization of $41.36 billion, a P/E ratio of 13.67, a price-to-earnings-growth ratio of 2.04 and a beta of 1.38. D.R. Horton, Inc. has a 12 month low of $119.54 and a 12 month high of $184.54. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.09. The business had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.55 billion. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.D.R. Horton’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the company posted $2.58 earnings per share. As a group, analysts anticipate that D.R. Horton, Inc. will post 10.57 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio (DPR) is 16.87%.

About D.R. Horton

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.