Eisler Capital UK Ltd. Makes New Investment in D.R. Horton, Inc. (NYSE:DHI)

Eisler Capital UK Ltd. purchased a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 9,869 shares of the construction company’s stock, valued at approximately $1,500,000. D.R. Horton accounts for 0.0% of Eisler Capital UK Ltd.’s holdings, making the stock its 20th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in D.R. Horton in the fourth quarter valued at approximately $516,530,000. Pacer Advisors Inc. raised its position in shares of D.R. Horton by 21.7% during the 4th quarter. Pacer Advisors Inc. now owns 2,714,195 shares of the construction company’s stock valued at $412,503,000 after buying an additional 484,058 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of D.R. Horton by 1,357.4% in the 3rd quarter. Acadian Asset Management LLC now owns 490,043 shares of the construction company’s stock worth $52,652,000 after purchasing an additional 456,419 shares in the last quarter. Panagora Asset Management Inc. grew its position in D.R. Horton by 1,719.1% during the fourth quarter. Panagora Asset Management Inc. now owns 429,445 shares of the construction company’s stock valued at $65,267,000 after acquiring an additional 405,838 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in D.R. Horton by 150.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 571,051 shares of the construction company’s stock worth $61,371,000 after purchasing an additional 342,884 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Up 0.1 %

Shares of DHI traded up $0.13 during mid-day trading on Wednesday, hitting $144.00. The company’s stock had a trading volume of 223,879 shares, compared to its average volume of 2,484,298. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24. The company’s 50-day moving average is $149.53 and its 200-day moving average is $147.30. D.R. Horton, Inc. has a 52-week low of $100.08 and a 52-week high of $165.75. The firm has a market capitalization of $47.42 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.73 and a beta of 1.68.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.44. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The company’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter last year, the company earned $2.73 earnings per share. On average, equities research analysts forecast that D.R. Horton, Inc. will post 14.26 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 9th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.83%. The ex-dividend date was Wednesday, May 1st. D.R. Horton’s dividend payout ratio is currently 8.17%.

Analyst Ratings Changes

DHI has been the topic of several recent analyst reports. Keefe, Bruyette & Woods raised their target price on shares of D.R. Horton from $172.00 to $178.00 and gave the stock an “outperform” rating in a report on Tuesday, May 7th. Jefferies Financial Group boosted their price objective on shares of D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a research report on Friday, April 19th. Barclays lowered their price objective on shares of D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a research note on Friday, April 19th. BTIG Research cut their target price on D.R. Horton from $174.00 to $169.00 and set a “buy” rating on the stock in a research note on Tuesday, April 16th. Finally, Citigroup decreased their price objective on shares of D.R. Horton from $191.00 to $181.00 and set a “buy” rating for the company in a report on Friday, May 17th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $158.31.

Insider Buying and Selling at D.R. Horton

In related news, insider David V. Auld sold 25,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the transaction, the insider now owns 773,121 shares in the company, valued at approximately $120,862,005.93. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the firm’s stock in a transaction on 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 approximately $120,862,005.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael R. Buchanan sold 2,000 shares of the stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $150.70, for a total transaction of $301,400.00. Following the completion of the sale, the director now owns 1,703 shares of the company’s stock, valued at approximately $256,642.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,812 shares of company stock worth $4,330,617. Insiders own 1.74% of the company’s stock.

D.R. Horton Company 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.