David V. Auld Sells 4,986 Shares of D. R. Horton Inc (DHI) Stock
D. R. Horton Inc (NYSE:DHI) insider David V. Auld sold 4,986 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $45.00, for a total transaction of $224,370.00. Following the sale, the insider now owns 223,485 shares in the company, valued at approximately $10,056,825. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
D. R. Horton Inc (DHI) traded up $0.57 during mid-day trading on Wednesday, hitting $45.42. 5,377,609 shares of the company were exchanged, compared to its average volume of 5,467,849. D. R. Horton Inc has a 1 year low of $29.99 and a 1 year high of $53.32. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.92 and a current ratio of 7.03. The stock has a market capitalization of $16,856.28, a price-to-earnings ratio of 17.01, a PEG ratio of 1.20 and a beta of 1.09.
D. R. Horton (NYSE:DHI) last posted its earnings results on Wednesday, January 31st. The construction company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.13. D. R. Horton had a net margin of 7.03% and a return on equity of 14.83%. The firm had revenue of $3.33 billion during the quarter, compared to analyst estimates of $3.26 billion. During the same period last year, the firm posted $0.55 earnings per share. D. R. Horton’s revenue for the quarter was up 14.8% compared to the same quarter last year. research analysts anticipate that D. R. Horton Inc will post 3.75 EPS for the current fiscal year.
DHI has been the topic of a number of recent analyst reports. UBS Group initiated coverage on shares of D. R. Horton in a research note on Wednesday, October 25th. They set a “buy” rating and a $50.00 target price on the stock. KeyCorp lifted their price objective on shares of D. R. Horton from $41.00 to $46.00 and gave the company a “buy” rating in a research report on Friday, October 20th. Barclays lifted their price objective on shares of D. R. Horton from $34.00 to $41.00 and gave the company an “equal weight” rating in a research report on Friday, November 10th. ValuEngine cut shares of D. R. Horton from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Royal Bank of Canada lifted their price objective on shares of D. R. Horton to $57.00 and gave the company an “outperform” rating in a research report on Monday, December 18th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. D. R. Horton currently has a consensus rating of “Hold” and an average target price of $52.69.
Hedge funds have recently bought and sold shares of the stock. Csenge Advisory Group purchased a new position in shares of D. R. Horton in the third quarter valued at $237,000. Cetera Investment Advisers purchased a new position in shares of D. R. Horton in the second quarter valued at $216,000. Goodman Financial Corp boosted its stake in D. R. Horton by 4.2% during the third quarter. Goodman Financial Corp now owns 188,218 shares of the construction company’s stock worth $7,516,000 after buying an additional 7,593 shares during the period. Toronto Dominion Bank boosted its stake in D. R. Horton by 11.5% during the third quarter. Toronto Dominion Bank now owns 134,772 shares of the construction company’s stock worth $5,382,000 after buying an additional 13,940 shares during the period. Finally, Koshinski Asset Management Inc. boosted its stake in D. R. Horton by 179.8% during the fourth quarter. Koshinski Asset Management Inc. now owns 45,068 shares of the construction company’s stock worth $2,302,000 after buying an additional 28,959 shares during the period. 80.43% of the stock is owned by hedge funds and other institutional investors.
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About D. R. Horton
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.
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