1,316 Shares in D.R. Horton, Inc. (NYSE:DHI) Bought by Sepio Capital LP

Sepio Capital LP purchased a new stake in D.R. Horton, Inc. (NYSE:DHIFree Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 1,316 shares of the construction company’s stock, valued at approximately $200,000.

Other institutional investors also recently added to or reduced their stakes in the company. Legal Advantage Investments Inc. grew its position in shares of D.R. Horton by 2.5% during the 4th quarter. Legal Advantage Investments Inc. now owns 3,075 shares of the construction company’s stock worth $467,000 after buying an additional 75 shares during the period. Wealthsource Partners LLC raised its position in shares of D.R. Horton by 2.7% during the 4th quarter. Wealthsource Partners LLC now owns 2,926 shares of the construction company’s stock valued at $445,000 after acquiring an additional 78 shares during the last quarter. SRS Capital Advisors Inc. lifted its stake in shares of D.R. Horton by 2.2% in the 3rd quarter. SRS Capital Advisors Inc. now owns 3,639 shares of the construction company’s stock valued at $391,000 after purchasing an additional 79 shares during the period. FineMark National Bank & Trust lifted its stake in shares of D.R. Horton by 2.0% in the 3rd quarter. FineMark National Bank & Trust now owns 4,035 shares of the construction company’s stock valued at $434,000 after purchasing an additional 80 shares during the period. Finally, Tiemann Investment Advisors LLC grew its stake in shares of D.R. Horton by 1.6% during the third quarter. Tiemann Investment Advisors LLC now owns 5,447 shares of the construction company’s stock worth $585,000 after purchasing an additional 85 shares during the period. 90.63% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Bank of America decreased their target price on D.R. Horton from $182.00 to $168.00 and set a “buy” rating for the company in a research report on Friday, April 19th. Citigroup lowered their target price on D.R. Horton from $191.00 to $181.00 and set a “buy” rating for the company in a research note on Friday, May 17th. Barclays dropped their price target on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a research note on Friday, April 19th. Wedbush reaffirmed an “underperform” rating and issued a $130.00 target price on shares of D.R. Horton in a research report on Thursday, April 18th. Finally, Royal Bank of Canada lowered their price target on D.R. Horton from $142.00 to $141.00 and set an “underperform” rating on the stock in a research report on Friday, April 19th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $157.82.

Get Our Latest Stock Report on D.R. Horton

Insider Activity

In related news, Director Michael R. Buchanan sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $150.70, for a total value of $301,400.00. Following the transaction, the director now directly owns 1,703 shares in the company, valued at $256,642.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Barbara K. Allen sold 363 shares of D.R. Horton stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total value of $53,890.98. Following the transaction, the director now directly owns 5,650 shares of the company’s stock, valued at $838,799. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael R. Buchanan sold 2,000 shares of the stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $150.70, for a total transaction of $301,400.00. Following the sale, the director now owns 1,703 shares of the company’s stock, valued at $256,642.10. The disclosure for this sale can be found here. Insiders sold 27,812 shares of company stock worth $4,330,617 in the last three months. Corporate insiders own 1.74% of the company’s stock.

D.R. Horton Stock Performance

NYSE:DHI traded up $1.80 during trading on Friday, reaching $144.62. The company’s stock had a trading volume of 1,102,436 shares, compared to its average volume of 2,356,659. The firm has a 50 day moving average of $151.44 and a 200-day moving average of $146.18. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.38 and a current ratio of 7.35. The firm has a market cap of $47.62 billion, a price-to-earnings ratio of 9.84, a price-to-earnings-growth ratio of 0.72 and a beta of 1.66. D.R. Horton, Inc. has a 12 month low of $100.08 and a 12 month high of $165.75.

D.R. Horton (NYSE:DHIGet Free Report) last issued its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.44. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company posted $2.73 earnings per share. Research analysts expect that D.R. Horton, Inc. will post 14.26 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend was Wednesday, May 1st. D.R. Horton’s dividend payout ratio is presently 8.17%.

D.R. Horton Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

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