GSA Capital Partners LLP Buys 9,889 Shares of D.R. Horton, Inc. $DHI

GSA Capital Partners LLP raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 775.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,164 shares of the construction company’s stock after purchasing an additional 9,889 shares during the period. GSA Capital Partners LLP’s holdings in D.R. Horton were worth $1,608,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Mutual Advisors LLC raised its position in D.R. Horton by 4.0% during the third quarter. Mutual Advisors LLC now owns 1,819 shares of the construction company’s stock valued at $288,000 after purchasing an additional 70 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in D.R. Horton by 17.8% during the third quarter. Physician Wealth Advisors Inc. now owns 471 shares of the construction company’s stock valued at $80,000 after purchasing an additional 71 shares in the last quarter. AMG National Trust Bank raised its position in D.R. Horton by 0.7% during the fourth quarter. AMG National Trust Bank now owns 10,899 shares of the construction company’s stock valued at $1,570,000 after purchasing an additional 74 shares in the last quarter. Caitlin John LLC raised its position in D.R. Horton by 3.4% during the third quarter. Caitlin John LLC now owns 2,426 shares of the construction company’s stock valued at $411,000 after purchasing an additional 79 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its position in D.R. Horton by 5.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 1,577 shares of the construction company’s stock valued at $227,000 after purchasing an additional 84 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Barclays boosted their price objective on shares of D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Bank of America set a $158.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 21st. The Goldman Sachs Group boosted their price objective on shares of D.R. Horton from $172.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, April 21st. Finally, Evercore boosted their price objective on shares of D.R. Horton from $167.00 to $169.00 and gave the company an “in-line” rating in a research report on Wednesday, January 21st. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $168.54.

D.R. Horton Stock Down 2.0%

Shares of NYSE:DHI opened at $134.76 on Wednesday. The company has a fifty day moving average of $144.04 and a 200-day moving average of $149.54. The company has a market capitalization of $38.21 billion, a PE ratio of 12.63, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.97 and a current ratio of 6.46. D.R. Horton, Inc. has a 52-week low of $114.17 and a 52-week high of $184.54.

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

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. D.R. Horton’s dividend payout ratio 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.