Commonwealth Bank of Australia increased its position in shares of D. R. Horton Inc (NYSE:DHI) by 250.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 26,300 shares of the construction company’s stock after acquiring an additional 18,788 shares during the period. Commonwealth Bank of Australia’s holdings in D. R. Horton were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Alps Advisors Inc. increased its holdings in shares of D. R. Horton by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 14,554 shares of the construction company’s stock worth $503,000 after buying an additional 37 shares during the last quarter. First Allied Advisory Services Inc. increased its holdings in shares of D. R. Horton by 0.4% in the 2nd quarter. First Allied Advisory Services Inc. now owns 10,141 shares of the construction company’s stock worth $355,000 after buying an additional 42 shares during the last quarter. Shufro Rose & Co. LLC increased its holdings in shares of D. R. Horton by 0.6% in the 2nd quarter. Shufro Rose & Co. LLC now owns 11,450 shares of the construction company’s stock worth $396,000 after buying an additional 67 shares during the last quarter. Ameritas Investment Partners Inc. increased its holdings in shares of D. R. Horton by 1.4% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,210 shares of the construction company’s stock worth $283,000 after buying an additional 111 shares during the last quarter. Finally, CIBC Asset Management Inc increased its holdings in shares of D. R. Horton by 0.3% in the 2nd quarter. CIBC Asset Management Inc now owns 37,970 shares of the construction company’s stock worth $1,313,000 after buying an additional 132 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have recently commented on DHI shares. UBS increased their price target on shares of D. R. Horton from $50.00 to $53.00 and gave the stock a “buy” rating in a report on Friday, November 10th. Royal Bank Of Canada reissued a “buy” rating and issued a $51.00 price target on shares of D. R. Horton in a report on Sunday, November 12th. KeyCorp increased their price target on shares of D. R. Horton from $41.00 to $46.00 and gave the stock a “buy” rating in a report on Friday, October 20th. Citigroup reissued a “neutral” rating and issued a $42.00 price target (up previously from $34.00) on shares of D. R. Horton in a report on Monday, October 9th. Finally, Wedbush reaffirmed an “outperform” rating on shares of D. R. Horton in a research note on Saturday, September 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $44.06.

Shares of D. R. Horton Inc (NYSE:DHI) traded down $0.34 during trading on Wednesday, hitting $50.24. 4,400,300 shares of the stock were exchanged, compared to its average volume of 4,044,226. D. R. Horton Inc has a 12 month low of $27.21 and a 12 month high of $51.53. The stock has a market cap of $18,969.41, a PE ratio of 18.53, a price-to-earnings-growth ratio of 1.43 and a beta of 1.32. The company has a quick ratio of 1.02, a current ratio of 6.93 and a debt-to-equity ratio of 0.37.

D. R. Horton (NYSE:DHI) last announced its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.04). The firm had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $4 billion. D. R. Horton had a net margin of 7.37% and a return on equity of 14.13%. The company’s quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.75 EPS. analysts predict that D. R. Horton Inc will post 3.22 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.125 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.50 annualized dividend and a yield of 1.00%. This is a boost from D. R. Horton’s previous quarterly dividend of $0.10. D. R. Horton’s dividend payout ratio is presently 18.32%.

In other D. R. Horton news, CFO Bill W. Wheat sold 19,677 shares of the stock in a transaction on Friday, November 24th. The shares were sold at an average price of $49.65, for a total transaction of $976,963.05. Following the completion of the sale, the chief financial officer now owns 100,081 shares of the company’s stock, valued at approximately $4,969,021.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Michael J. Murray sold 7,000 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $48.23, for a total transaction of $337,610.00. Following the sale, the chief operating officer now directly owns 56,304 shares of the company’s stock, valued at approximately $2,715,541.92. The disclosure for this sale can be found here. Insiders have sold a total of 51,677 shares of company stock valued at $2,262,873 in the last three months. 7.20% of the stock is currently owned by corporate insiders.

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D. R. Horton Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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

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