Obermeyer Wood Investment Counsel Lllp Buys 633 Shares of D.R. Horton, Inc. (NYSE:DHI)

Obermeyer Wood Investment Counsel Lllp boosted its holdings in D.R. Horton, Inc. (NYSE:DHI) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,900 shares of the construction company’s stock after buying an additional 633 shares during the period. Obermeyer Wood Investment Counsel Lllp’s holdings in D.R. Horton were worth $1,201,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Evergreen Capital Management LLC lifted its holdings in D.R. Horton by 53.7% in the third quarter. Evergreen Capital Management LLC now owns 9,992 shares of the construction company’s stock valued at $1,074,000 after buying an additional 3,489 shares during the period. Voss Capital LLC acquired a new position in D.R. Horton in the fourth quarter valued at approximately $7,599,000. Los Angeles Capital Management LLC lifted its holdings in D.R. Horton by 390.6% in the third quarter. Los Angeles Capital Management LLC now owns 743,311 shares of the construction company’s stock valued at $79,884,000 after buying an additional 591,787 shares during the period. SteelPeak Wealth LLC acquired a new position in D.R. Horton in the third quarter valued at approximately $218,000. Finally, O Shaughnessy Asset Management LLC lifted its holdings in D.R. Horton by 43.4% in the third quarter. O Shaughnessy Asset Management LLC now owns 20,731 shares of the construction company’s stock valued at $2,228,000 after buying an additional 6,272 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at D.R. Horton

In other news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the transaction, the insider now directly owns 773,121 shares in the company, valued at approximately $120,862,005.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the transaction, the insider now directly owns 773,121 shares in the company, valued at approximately $120,862,005.93. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Barbara K. Allen sold 449 shares of the business’s stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $149.39, for a total transaction of $67,076.11. Following the transaction, the director now owns 5,650 shares in the company, valued at $844,053.50. The disclosure for this sale can be found here. Insiders have sold 27,197 shares of company stock worth $4,225,745 in the last ninety days. Insiders own 1.74% of the company’s stock.

Analyst Upgrades and Downgrades

DHI has been the topic of several analyst reports. Citigroup increased their price objective on shares of D.R. Horton from $166.00 to $191.00 and gave the company a “buy” rating in a report on Friday, April 5th. Royal Bank of Canada increased their target price on shares of D.R. Horton from $116.00 to $142.00 and gave the stock an “underperform” rating in a report on Monday, January 22nd. UBS Group increased their target price on shares of D.R. Horton from $155.00 to $192.00 in a report on Monday, January 22nd. Keefe, Bruyette & Woods cut their target price on shares of D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a report on Wednesday, January 24th. Finally, JMP Securities increased their target price on shares of D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $154.00.

D.R. Horton Stock Up 0.1 %

D.R. Horton stock traded up $0.14 during mid-day trading on Thursday, reaching $145.88. The company’s stock had a trading volume of 5,483,750 shares, compared to its average volume of 2,570,038. The company has a market capitalization of $48.41 billion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 0.72 and a beta of 1.64. D.R. Horton, Inc. has a 12 month low of $100.08 and a 12 month high of $165.75. The business’s 50 day simple moving average is $151.94 and its 200 day simple moving average is $138.37. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.20 and a current ratio of 6.56.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.09 by $0.43. The business had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $8.15 billion. D.R. Horton had a net margin of 13.18% and a return on equity of 21.06%. The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.73 earnings per share. As a group, research analysts anticipate that D.R. Horton, Inc. will post 14.24 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, May 2nd will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.82%. D.R. Horton’s dividend payout ratio (DPR) is currently 8.63%.

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.