1,686 Shares in D.R. Horton, Inc. (NYSE:DHI) Acquired by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. purchased a new stake in D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,686 shares of the construction company’s stock, valued at approximately $236,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Mountaineer Partners Management LLC acquired a new position in shares of D.R. Horton during the 3rd quarter valued at $1,853,178,000. FMR LLC raised its holdings in shares of D.R. Horton by 44.7% during the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock valued at $1,508,252,000 after purchasing an additional 2,442,581 shares during the period. Geode Capital Management LLC boosted its position in shares of D.R. Horton by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock worth $1,351,435,000 after purchasing an additional 21,073 shares in the last quarter. Smead Capital Management Inc. grew its stake in shares of D.R. Horton by 3.5% in the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock valued at $480,106,000 after buying an additional 84,835 shares during the period. Finally, Earnest Partners LLC increased its position in D.R. Horton by 0.4% in the 2nd quarter. Earnest Partners LLC now owns 2,064,149 shares of the construction company’s stock valued at $290,901,000 after buying an additional 9,137 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on DHI shares. JMP Securities reissued a “market outperform” rating and issued a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday. Raymond James downgraded shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. The Goldman Sachs Group dropped their price objective on shares of 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. UBS Group decreased their target price on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Barclays dropped their price target on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $174.53.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $147.01 on Thursday. The firm has a market capitalization of $47.17 billion, a P/E ratio of 10.39, a price-to-earnings-growth ratio of 0.54 and a beta of 1.75. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. The business’s fifty day simple moving average is $150.81 and its 200 day simple moving average is $169.01. D.R. Horton, Inc. has a 12 month low of $133.02 and a 12 month high of $199.85.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. The company had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7,120,170 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.55%. The firm’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.82 EPS. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.97 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 7th will be issued a $0.40 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.09%. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Insider Activity at D.R. Horton

In related news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.54% of the stock is owned by company insiders.

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.