Blair William & Co. IL Boosts Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Blair William & Co. IL raised its stake in D.R. Horton, Inc. (NYSE:DHI) by 0.3% during the 4th quarter, HoldingsChannel reports. The firm owned 36,782 shares of the construction company’s stock after acquiring an additional 95 shares during the period. Blair William & Co. IL’s holdings in D.R. Horton were worth $5,143,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Golden State Wealth Management LLC purchased a new position in D.R. Horton in the 4th quarter valued at $30,000. Rosenberg Matthew Hamilton lifted its stake in shares of D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after acquiring an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of D.R. Horton in the fourth quarter valued at about $38,000. Sierra Ocean LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $43,000. Finally, FSA Wealth Management LLC purchased a new position in D.R. Horton during the third quarter worth about $47,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Down 3.2 %

DHI stock opened at $125.87 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. The firm has a market capitalization of $39.66 billion, a PE ratio of 8.90, a P/E/G ratio of 0.54 and a beta of 1.80. The company’s 50 day simple moving average is $132.91 and its 200-day simple moving average is $154.80.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the business posted $2.82 earnings per share. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. Equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were paid a dividend of $0.40 per share. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. D.R. Horton’s dividend payout ratio is currently 11.31%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Seaport Res Ptn upgraded D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. lowered D.R. Horton from a “neutral” rating to an “underweight” rating and dropped their price objective for the stock from $188.00 to $156.00 in a report on Friday, December 13th. Bank of America downgraded D.R. Horton from a “buy” rating to a “neutral” rating and reduced their target price for the company from $160.00 to $150.00 in a report on Monday, January 27th. JMP Securities reaffirmed a “market outperform” rating and set a $210.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, Wedbush reiterated a “neutral” rating and issued a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, D.R. Horton currently has a consensus rating of “Hold” and a consensus target price of $170.93.

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.