Atlas Capital Advisors Inc. Sells 164 Shares of D.R. Horton, Inc. (NYSE:DHI)

Atlas Capital Advisors Inc. decreased its stake in D.R. Horton, Inc. (NYSE:DHI) by 2.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,425 shares of the construction company’s stock after selling 164 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in D.R. Horton were worth $898,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. World Investment Advisors increased its position in shares of D.R. Horton by 45.2% during the 4th quarter. World Investment Advisors now owns 4,259 shares of the construction company’s stock worth $596,000 after purchasing an additional 1,326 shares during the last quarter. OneAscent Financial Services LLC grew its stake in shares of D.R. Horton by 21.2% in the fourth quarter. OneAscent Financial Services LLC now owns 3,325 shares of the construction company’s stock valued at $465,000 after buying an additional 582 shares in the last quarter. Cynosure Group LLC increased its holdings in D.R. Horton by 199.8% during the fourth quarter. Cynosure Group LLC now owns 6,970 shares of the construction company’s stock worth $975,000 after buying an additional 4,645 shares during the last quarter. Huntington National Bank increased its holdings in D.R. Horton by 2.4% during the fourth quarter. Huntington National Bank now owns 32,537 shares of the construction company’s stock worth $4,549,000 after buying an additional 769 shares during the last quarter. Finally, Geode Capital Management LLC lifted its stake in D.R. Horton by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company’s stock valued at $1,009,077,000 after acquiring an additional 127,606 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Down 4.4 %

Shares of DHI opened at $122.29 on Friday. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $38.54 billion, a PE ratio of 8.64, a P/E/G ratio of 0.54 and a beta of 1.80. The firm’s 50 day moving average is $131.33 and its 200-day moving average is $153.49. D.R. Horton, Inc. has a 12 month low of $121.10 and a 12 month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.24. The firm had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.82 EPS. Equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 1.31%. D.R. Horton’s payout ratio is 11.31%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DHI shares. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Wedbush restated a “neutral” rating and issued a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Citigroup reduced their target price on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. The Goldman Sachs Group dropped their price target on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $210.00 price objective on shares of D.R. Horton in a report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus target price of $170.93.

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.