Commonwealth Equity Services Inc raised its holdings in shares of D. R. Horton Inc (NYSE:DHI) by 6.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 29,385 shares of the construction company’s stock after acquiring an additional 1,726 shares during the period. Commonwealth Equity Services Inc’s holdings in D. R. Horton were worth $1,173,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DHI. IBM Retirement Fund acquired a new position in shares of D. R. Horton in the 3rd quarter valued at $201,000. Montag A & Associates Inc. acquired a new position in shares of D. R. Horton in the 3rd quarter valued at $931,000. Teacher Retirement System of Texas lifted its stake in shares of D. R. Horton by 0.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 188,956 shares of the construction company’s stock valued at $7,545,000 after purchasing an additional 1,170 shares during the period. Rhumbline Advisers lifted its stake in shares of D. R. Horton by 0.5% in the 3rd quarter. Rhumbline Advisers now owns 650,782 shares of the construction company’s stock valued at $25,986,000 after purchasing an additional 3,063 shares during the period. Finally, Capital Analysts LLC lifted its stake in shares of D. R. Horton by 4.1% in the 3rd quarter. Capital Analysts LLC now owns 94,596 shares of the construction company’s stock valued at $3,777,000 after purchasing an additional 3,767 shares during the period. Institutional investors and hedge funds own 80.89% of the company’s stock.

Several research firms recently issued reports on DHI. Zelman & Associates cut shares of D. R. Horton from a “buy” rating to a “hold” rating in a research note on Friday, November 10th. Citigroup Inc. upped their price objective on shares of D. R. Horton from $42.00 to $48.00 and gave the stock a “neutral” rating in a research report on Friday, November 10th. UBS AG upped their price objective on shares of D. R. Horton from $50.00 to $53.00 and gave the stock a “buy” rating in a research report on Friday, November 10th. Buckingham Research upped their price objective on shares of D. R. Horton from $39.00 to $44.00 and gave the stock a “neutral” rating in a research report on Friday, November 10th. Finally, Barclays PLC upped their target price on shares of D. R. Horton from $34.00 to $41.00 and gave the stock an “equal weight” rating in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $44.06.

In other D. R. Horton news, COO Michael J. Murray sold 7,000 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $48.23, for a total value of $337,610.00. Following the transaction, the chief operating officer now directly owns 56,304 shares in the company, valued at $2,715,541.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bradley S. Anderson sold 10,000 shares of the stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $37.46, for a total transaction of $374,600.00. Following the completion of the transaction, the director now owns 36,828 shares in the company, valued at $1,379,576.88. The disclosure for this sale can be found here. Insiders have sold 32,000 shares of company stock worth $1,285,910 in the last three months. Corporate insiders own 7.20% of the company’s stock.

D. R. Horton Inc (NYSE:DHI) opened at $49.98 on Monday. D. R. Horton Inc has a 1 year low of $27.15 and a 1 year high of $50.06. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.93 and a quick ratio of 1.02. The company has a market cap of $18,750.00, a PE ratio of 18.32, a price-to-earnings-growth ratio of 1.41 and a beta of 1.28.

D. R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.86 by ($0.04). The business had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4 billion. D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The firm’s revenue for the quarter was up 11.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. equities research analysts forecast that D. R. Horton Inc will post 3.21 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Thursday, November 30th. This is a boost from D. R. Horton’s previous quarterly dividend of $0.10. D. R. Horton’s dividend payout ratio is currently 14.60%.

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D. R. Horton Company 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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