Vontobel Holding Ltd. Sells 1,767 Shares of D.R. Horton, Inc. $DHI

Vontobel Holding Ltd. lowered its stake in D.R. Horton, Inc. (NYSE:DHI) by 9.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,482 shares of the construction company’s stock after selling 1,767 shares during the quarter. Vontobel Holding Ltd.’s holdings in D.R. Horton were worth $2,125,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in DHI. Farther Finance Advisors LLC lifted its holdings in shares of D.R. Horton by 15.3% in the first quarter. Farther Finance Advisors LLC now owns 2,614 shares of the construction company’s stock worth $333,000 after acquiring an additional 347 shares during the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of D.R. Horton in the first quarter worth about $693,000. GAMMA Investing LLC lifted its holdings in shares of D.R. Horton by 51.0% in the first quarter. GAMMA Investing LLC now owns 7,211 shares of the construction company’s stock worth $917,000 after acquiring an additional 2,437 shares during the last quarter. Simon Quick Advisors LLC lifted its holdings in shares of D.R. Horton by 12.6% in the first quarter. Simon Quick Advisors LLC now owns 1,650 shares of the construction company’s stock worth $210,000 after acquiring an additional 185 shares during the last quarter. Finally, Azzad Asset Management Inc. ADV increased its stake in shares of D.R. Horton by 2.6% in the first quarter. Azzad Asset Management Inc. ADV now owns 8,957 shares of the construction company’s stock valued at $1,139,000 after buying an additional 225 shares during the period. Institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on DHI. Keefe, Bruyette & Woods upped their price objective on D.R. Horton from $135.00 to $161.00 and gave the company a “market perform” rating in a research note on Thursday, July 24th. Royal Bank Of Canada upped their price objective on D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a research note on Wednesday, July 23rd. Bank of America lowered their price objective on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research note on Friday. Evercore ISI set a $169.00 price objective on D.R. Horton and gave the company an “in-line” rating in a research note on Tuesday. Finally, Wells Fargo & Company upped their price objective on D.R. Horton from $175.00 to $190.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $156.54.

Insider Transactions at D.R. Horton

In other news, SVP Aron M. Odom sold 1,376 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the sale, the senior vice president owned 6,457 shares of the company’s stock, valued at $1,181,631. This trade represents a 17.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the firm’s stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the sale, the chairman directly owned 815,672 shares of the company’s stock, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,376 shares of company stock valued at $5,898,848 in the last quarter. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Stock Performance

NYSE:DHI opened at $151.30 on Friday. The company has a market capitalization of $45.11 billion, a PE ratio of 12.13, a P/E/G ratio of 3.15 and a beta of 1.40. The company has a 50 day simple moving average of $167.13 and a two-hundred day simple moving average of $140.95. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $195.50.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating analysts’ consensus estimates of $2.90 by $0.46. The business had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The company’s revenue for the quarter was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s dividend payout ratio (DPR) is 12.83%.

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.