D.R. Horton, Inc. (NYSE:DHI) Holdings Reduced by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lessened its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 67.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,380 shares of the construction company’s stock after selling 19,432 shares during the period. Atria Wealth Solutions Inc.’s holdings in D.R. Horton were worth $1,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Equity Partners raised its stake in D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company’s stock valued at $545,000 after acquiring an additional 3,171 shares in the last quarter. KBC Group NV raised its position in shares of D.R. Horton by 360.0% during the 3rd quarter. KBC Group NV now owns 271,038 shares of the construction company’s stock worth $51,706,000 after buying an additional 212,112 shares in the last quarter. Legacy CG LLC acquired a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $4,220,000. Toronto Dominion Bank boosted its holdings in shares of D.R. Horton by 17.3% in the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company’s stock valued at $20,025,000 after acquiring an additional 15,460 shares in the last quarter. Finally, Pensionfund Sabic boosted its holdings in shares of D.R. Horton by 70.2% in the fourth quarter. Pensionfund Sabic now owns 9,700 shares of the construction company’s stock valued at $1,356,000 after acquiring an additional 4,000 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Trading Down 2.1 %

D.R. Horton stock opened at $125.92 on Monday. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The firm has a market capitalization of $39.68 billion, a price-to-earnings ratio of 8.90, a P/E/G ratio of 0.54 and a beta of 1.76. The company has a 50 day moving average price of $138.94 and a 200 day moving average price of $164.28.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. The business 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%. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $2.82 earnings per share. Research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were issued a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. D.R. Horton’s dividend payout ratio is 11.31%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Evercore ISI cut their target price on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating for the company in a research report on Wednesday, October 30th. JMP Securities reaffirmed a “market outperform” rating and set a $210.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. JPMorgan Chase & Co. downgraded shares of D.R. Horton from a “neutral” rating to an “underweight” rating and cut their price target for the company from $188.00 to $156.00 in a report on Friday, December 13th. Raymond James lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Finally, Barclays dropped their target price on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock 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.