Keefe, Bruyette & Woods restated their hold rating on shares of D. R. Horton (NYSE:DHI) in a research report released on Tuesday. The firm currently has a $56.00 price target on the construction company’s stock.

Several other research firms have also recently weighed in on DHI. ValuEngine cut shares of D. R. Horton from a buy rating to a hold rating in a research report on Wednesday, January 3rd. Royal Bank of Canada increased their price objective on shares of D. R. Horton to $57.00 and gave the stock an outperform rating in a research report on Monday, December 18th. Wedbush cut shares of D. R. Horton from an outperform rating to a neutral rating and set a $50.00 price objective for the company. in a research report on Tuesday, December 12th. BTIG Research increased their price objective on shares of D. R. Horton to $62.00 in a research report on Thursday, December 14th. Finally, Zelman & Associates cut shares of D. R. Horton from a buy rating to a hold rating in a research report on Friday, November 10th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $47.35.

D. R. Horton (NYSE:DHI) traded down $0.13 on Tuesday, hitting $51.91. 1,781,001 shares of the stock traded hands, compared to its average volume of 3,490,000. D. R. Horton has a 52 week low of $27.97 and a 52 week high of $53.32. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 6.93. The firm has a market capitalization of $19,520.00, a PE ratio of 18.95, a PEG ratio of 1.51 and a beta of 1.32.

D. R. Horton (NYSE:DHI) last posted its quarterly earnings data 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). D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The firm had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4 billion. During the same quarter last year, the company earned $0.75 earnings per share. The company’s quarterly revenue was up 11.4% compared to the same quarter last year. equities research analysts anticipate that D. R. Horton will post 3.44 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Friday, December 1st were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.96%. This is a boost from D. R. Horton’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, November 30th. D. R. Horton’s dividend payout ratio (DPR) is presently 18.25%.

In other D. R. Horton news, Director Michael W. Hewatt sold 2,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $47.86, for a total value of $95,720.00. Following the completion of the sale, the director now directly owns 6,000 shares in the company, valued at $287,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Bill W. Wheat sold 19,677 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was 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 $4,969,021.65. The disclosure for this sale can be found here. Insiders sold 28,677 shares of company stock valued at $1,410,293 over the last 90 days. Corporate insiders own 7.20% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. Appleton Partners Inc. MA grew its holdings in D. R. Horton by 17.1% in the fourth quarter. Appleton Partners Inc. MA now owns 14,399 shares of the construction company’s stock worth $735,000 after purchasing an additional 2,105 shares during the period. Grassi Investment Management bought a new position in shares of D. R. Horton in the fourth quarter valued at $212,000. Jaffetilchin Investment Partners LLC bought a new position in shares of D. R. Horton in the fourth quarter valued at $1,320,000. Shelton Capital Management lifted its stake in shares of D. R. Horton by 80.3% in the third quarter. Shelton Capital Management now owns 132,695 shares of the construction company’s stock valued at $5,299,000 after buying an additional 59,100 shares in the last quarter. Finally, Optimum Investment Advisors lifted its stake in shares of D. R. Horton by 112.2% in the third quarter. Optimum Investment Advisors now owns 31,350 shares of the construction company’s stock valued at $1,252,000 after buying an additional 16,575 shares in the last quarter. Institutional investors and hedge funds own 83.94% of the company’s stock.

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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.

Analyst Recommendations for D. R. Horton (NYSE:DHI)

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