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

Omnia Family Wealth LLC lowered its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 36.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 SEC filing.

Other hedge funds have also made changes to their positions in the company. DAVENPORT & Co LLC increased its holdings in shares of D.R. Horton by 4.3% in the third quarter. DAVENPORT & Co LLC now owns 7,442 shares of the construction company’s stock valued at $800,000 after purchasing an additional 305 shares during the last quarter. Exchange Traded Concepts LLC grew its position in D.R. Horton by 7,293.3% in the third quarter. Exchange Traded Concepts LLC now owns 3,327 shares of the construction company’s stock worth $358,000 after acquiring an additional 3,282 shares during the period. Oak Thistle LLC purchased a new position in D.R. Horton in the third quarter worth approximately $398,000. Czech National Bank grew its position in D.R. Horton by 44.8% in the third quarter. Czech National Bank now owns 53,215 shares of the construction company’s stock worth $5,719,000 after acquiring an additional 16,472 shares during the period. Finally, Valeo Financial Advisors LLC grew its position in D.R. Horton by 5.0% in the third quarter. Valeo Financial Advisors LLC now owns 2,211 shares of the construction company’s stock worth $238,000 after acquiring an additional 105 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Price Performance

D.R. Horton stock traded up $1.13 during mid-day trading on Friday, hitting $145.33. The company’s stock had a trading volume of 2,057,426 shares, compared to its average volume of 2,504,805. The company has a quick ratio of 1.38, a current ratio of 7.35 and a debt-to-equity ratio of 0.24. The stock 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 twelve month low of $100.08 and a twelve month high of $165.75. The stock’s fifty day moving average price is $151.99 and its two-hundred day moving average price is $140.33.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.44. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $8.15 billion. During the same period in the previous year, the company posted $2.73 EPS. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. Research analysts forecast that D.R. Horton, Inc. will post 14.31 earnings per share for the current year.

D.R. Horton Dividend Announcement

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

Analyst Ratings Changes

Several research firms have recently commented on DHI. Citigroup raised their price target on D.R. Horton from $166.00 to $191.00 and gave the stock a “buy” rating in a research report on Friday, April 5th. Jefferies Financial Group lifted their target price on D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a report on Friday, April 19th. UBS Group lifted their target price on D.R. Horton from $192.00 to $200.00 and gave the company a “buy” rating in a report on Friday, April 19th. Royal Bank of Canada decreased their target price on D.R. Horton from $142.00 to $141.00 and set an “underperform” rating for the company in a report on Friday, April 19th. Finally, Wedbush restated an “underperform” rating and issued a $130.00 price target on shares of D.R. Horton in a research note on Thursday, April 18th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat, D.R. Horton presently has a consensus rating of “Moderate Buy” and a consensus price target of $158.06.

Insider Buying and Selling at D.R. Horton

In related news, Director Barbara K. Allen sold 1,748 shares of D.R. Horton stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $809,419. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, insider David V. Auld sold 25,000 shares of the company’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total value of $3,908,250.00. Following the sale, the insider now owns 773,121 shares of the company’s stock, valued at $120,862,005.93. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Barbara K. Allen sold 1,748 shares of the company’s stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of $143.26, for a total transaction of $250,418.48. Following the sale, the director now directly owns 5,650 shares in the company, valued at $809,419. The disclosure for this sale can be found here. Insiders sold 27,560 shares of company stock valued at $4,279,636 in the last quarter. Company insiders own 1.74% of the company’s stock.

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.