D.R. Horton, Inc. (NYSE:DHI) Shares Bought by Livforsakringsbolaget Skandia Omsesidigt

Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,832 shares of the construction company’s stock after acquiring an additional 255 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in D.R. Horton were worth $2,710,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Clear Street Markets LLC acquired a new stake in shares of D.R. Horton in the 4th quarter valued at approximately $28,000. Fairfield Bush & CO. acquired a new stake in shares of D.R. Horton in the 1st quarter valued at approximately $28,000. Mascoma Wealth Management LLC lifted its holdings in shares of D.R. Horton by 345.6% in the 3rd quarter. Mascoma Wealth Management LLC now owns 303 shares of the construction company’s stock valued at $33,000 after buying an additional 235 shares during the period. BluePath Capital Management LLC acquired a new stake in shares of D.R. Horton in the 3rd quarter valued at approximately $33,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of D.R. Horton in the 4th quarter valued at approximately $38,000. 90.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. The Goldman Sachs Group lifted their price objective on D.R. Horton from $150.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. JMP Securities raised their price target on D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 24th. BTIG Research dropped their price target on D.R. Horton from $174.00 to $169.00 and set a “buy” rating for the company in a research report on Tuesday. Royal Bank of Canada raised their price target on D.R. Horton from $116.00 to $142.00 and gave the stock an “underperform” rating in a research report on Monday, January 22nd. Finally, Raymond James raised their price target on D.R. Horton from $140.00 to $160.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $154.00.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the transaction, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total value of $3,908,250.00. Following the transaction, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Barbara K. Allen sold 449 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at approximately $844,053.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,197 shares of company stock valued at $4,225,745. Company insiders own 1.74% of the company’s stock.

D.R. Horton Trading Down 0.2 %

DHI stock traded down $0.31 during trading on Wednesday, reaching $145.74. 3,065,036 shares of the stock traded hands, compared to its average volume of 2,530,645. The business’s 50 day moving average price is $151.92 and its 200-day moving average price is $138.32. D.R. Horton, Inc. has a 52-week low of $100.08 and a 52-week high of $165.75. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.56 and a quick ratio of 1.20. The firm has a market capitalization of $48.36 billion, a PE ratio of 10.51, a P/E/G ratio of 0.74 and a beta of 1.64.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, January 23rd. The construction company reported $2.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.06). D.R. Horton had a net margin of 13.18% and a return on equity of 21.06%. The firm had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $7.55 billion. During the same period last year, the firm posted $2.76 EPS. D.R. Horton’s revenue was up 6.5% on a year-over-year basis. As a group, sell-side analysts forecast that D.R. Horton, Inc. will post 14.24 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Tuesday, February 6th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Monday, February 5th. D.R. Horton’s dividend payout ratio (DPR) is presently 8.63%.

D.R. Horton Profile

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.