Stephens Inc. AR Acquires 330 Shares of D.R. Horton, Inc. (NYSE:DHI)

Stephens Inc. AR grew its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 10.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,500 shares of the construction company’s stock after acquiring an additional 330 shares during the period. Stephens Inc. AR’s holdings in D.R. Horton were worth $489,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Creative Planning raised its stake in D.R. Horton by 18.0% during the third quarter. Creative Planning now owns 44,031 shares of the construction company’s stock worth $8,400,000 after buying an additional 6,709 shares during the last quarter. NBC Securities Inc. raised its stake in D.R. Horton by 6,157.1% during the third quarter. NBC Securities Inc. now owns 876 shares of the construction company’s stock worth $167,000 after buying an additional 862 shares during the last quarter. Wolff Wiese Magana LLC raised its stake in D.R. Horton by 1,306.7% during the third quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company’s stock worth $40,000 after buying an additional 196 shares during the last quarter. Bfsg LLC raised its stake in D.R. Horton by 117.3% during the third quarter. Bfsg LLC now owns 389 shares of the construction company’s stock worth $74,000 after buying an additional 210 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in D.R. Horton by 5.3% during the third quarter. Global Retirement Partners LLC now owns 5,957 shares of the construction company’s stock worth $1,136,000 after buying an additional 301 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DHI shares. Citigroup lowered their target price on shares of 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. Wells Fargo & Company reduced their price target on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Royal Bank of Canada restated an “underperform” rating and issued a $125.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a report on Saturday, January 25th. Finally, JPMorgan Chase & Co. cut shares of D.R. Horton from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $188.00 to $156.00 in a report on Friday, December 13th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, D.R. Horton has a consensus rating of “Hold” and a consensus price target of $170.93.

D.R. Horton Stock Up 1.0 %

Shares of NYSE DHI opened at $130.63 on Friday. The stock has a market capitalization of $41.16 billion, a P/E ratio of 9.23, a P/E/G ratio of 0.58 and a beta of 1.76. The company has a 50-day moving average price of $142.12 and a 200-day moving average price of $166.44. D.R. Horton, Inc. has a 1 year low of $125.84 and a 1 year high of $199.85. 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 (NYSE:DHI) last released its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the firm earned $2.82 earnings per share. The firm’s revenue was down 1.5% on a year-over-year basis. On average, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS 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. Investors of record on Friday, February 7th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.22%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s payout ratio is currently 11.31%.

Insider Activity at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.54% of the stock is owned by insiders.

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.