D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Omnia Family Wealth LLC

Omnia Family Wealth LLC decreased its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 36.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,000 shares of the construction company’s stock after selling 1,129 shares during the quarter. Omnia Family Wealth LLC’s holdings in D.R. Horton were worth $304,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BluePath Capital Management LLC bought a new stake in D.R. Horton in the third quarter worth about $33,000. Oakworth Capital Inc. bought a new stake in D.R. Horton in the fourth quarter worth about $38,000. First Pacific Financial bought a new stake in D.R. Horton in the third quarter worth about $41,000. Silver Oak Securities Incorporated purchased a new position in D.R. Horton in the 3rd quarter worth about $43,000. Finally, JFS Wealth Advisors LLC increased its stake in D.R. Horton by 85.8% in the 3rd quarter. JFS Wealth Advisors LLC now owns 420 shares of the construction company’s stock worth $45,000 after purchasing an additional 194 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Bank of America dropped their price target on D.R. Horton from $182.00 to $168.00 and set a “buy” rating on the stock in a research note on Friday, April 19th. Barclays dropped their price target on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a research note on Friday, April 19th. Jefferies Financial Group lifted their price target on D.R. Horton from $141.00 to $153.00 and gave the stock a “hold” rating in a research note on Friday, April 19th. Citigroup lifted their target price on D.R. Horton from $166.00 to $191.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Finally, Keefe, Bruyette & Woods lowered their target price on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a research note 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $158.06.

D.R. Horton Stock Performance

Shares of NYSE DHI traded up $1.13 during trading hours on Friday, hitting $145.33. 2,057,426 shares of the stock were exchanged, compared to its average volume of 2,504,805. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. The company’s 50 day moving average is $151.99 and its 200 day moving average is $140.33. The firm has a market capitalization of $47.86 billion, a P/E ratio of 9.89, a P/E/G ratio of 0.72 and a beta of 1.64. D.R. Horton, Inc. has a one year low of $100.08 and a one year high of $165.75.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.44. 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 13.39% and a return on equity of 21.32%. D.R. Horton’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.73 EPS. On average, research analysts expect that D.R. Horton, Inc. will post 14.31 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, May 1st. D.R. Horton’s dividend payout ratio (DPR) is presently 8.17%.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 449 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $149.39, for a total value of $67,076.11. Following the completion of the sale, the director now directly owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, Director Barbara K. Allen sold 449 shares of the firm’s stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction of $67,076.11. Following the completion of the transaction, the director now directly owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider David V. Auld sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, March 20th. The stock was 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 of the company’s stock, valued at $120,862,005.93. The disclosure for this sale can be found here. Insiders sold a total of 27,560 shares of company stock valued at $4,279,636 in the last ninety days. Company insiders own 1.74% of the company’s stock.

About D.R. Horton

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.