Whittier Trust Co. of Nevada Inc. Has $91,000 Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Whittier Trust Co. of Nevada Inc. reduced its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 15.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 650 shares of the construction company’s stock after selling 116 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in D.R. Horton were worth $91,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. HUB Investment Partners LLC raised its holdings in shares of D.R. Horton by 5.4% in the fourth quarter. HUB Investment Partners LLC now owns 63,598 shares of the construction company’s stock valued at $8,892,000 after purchasing an additional 3,230 shares during the last quarter. Blueshift Asset Management LLC raised its holdings in shares of D.R. Horton by 280.0% in the fourth quarter. Blueshift Asset Management LLC now owns 4,138 shares of the construction company’s stock valued at $579,000 after purchasing an additional 3,049 shares during the last quarter. Teacher Retirement System of Texas raised its holdings in shares of D.R. Horton by 62.2% in the fourth quarter. Teacher Retirement System of Texas now owns 159,976 shares of the construction company’s stock valued at $22,368,000 after purchasing an additional 61,376 shares during the last quarter. Sandy Spring Bank raised its holdings in shares of D.R. Horton by 4.6% in the fourth quarter. Sandy Spring Bank now owns 14,086 shares of the construction company’s stock valued at $1,969,000 after purchasing an additional 619 shares during the last quarter. Finally, Royal London Asset Management Ltd. raised its holdings in shares of D.R. Horton by 7.7% in the fourth quarter. Royal London Asset Management Ltd. now owns 136,120 shares of the construction company’s stock valued at $19,032,000 after purchasing an additional 9,722 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Trading Down 1.8 %

DHI stock opened at $128.77 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The company has a fifty day moving average price of $134.42 and a two-hundred day moving average price of $156.80. D.R. Horton, Inc. has a one year low of $124.23 and a one year high of $199.85. The stock has a market cap of $40.58 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the firm earned $2.82 earnings per share. The company’s revenue was down 1.5% on a year-over-year basis. Equities analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s dividend payout ratio is currently 11.31%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on DHI. Seaport Res Ptn upgraded shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Wells Fargo & Company decreased their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Barclays decreased their target price on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. StockNews.com raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Royal Bank of Canada reissued an “underperform” rating and issued a $125.00 target price on shares of D.R. Horton in a research note 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 assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $170.93.

About D.R. Horton

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.