D.R. Horton, Inc. (NYSE:DHI) Position Increased by Qsemble Capital Management LP

Qsemble Capital Management LP lifted its holdings in D.R. Horton, Inc. (NYSE:DHIFree Report) by 30.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 23,535 shares of the construction company’s stock after buying an additional 5,435 shares during the quarter. D.R. Horton makes up 0.9% of Qsemble Capital Management LP’s portfolio, making the stock its 19th biggest position. Qsemble Capital Management LP’s holdings in D.R. Horton were worth $3,577,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of DHI. Oakworth Capital Inc. acquired a new stake in shares of D.R. Horton in the 4th quarter worth about $38,000. Silver Oak Securities Incorporated bought a new stake in shares of D.R. Horton during the third quarter valued at approximately $43,000. JFS Wealth Advisors LLC boosted its position in shares of D.R. Horton by 85.8% during the third quarter. JFS Wealth Advisors LLC now owns 420 shares of the construction company’s stock worth $45,000 after buying an additional 194 shares during the period. Friedenthal Financial bought a new position in D.R. Horton in the 4th quarter worth approximately $47,000. Finally, AdvisorNet Financial Inc grew its holdings in D.R. Horton by 81.8% in the 4th quarter. AdvisorNet Financial Inc now owns 360 shares of the construction company’s stock worth $55,000 after buying an additional 162 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Insider Transactions at D.R. Horton

In other D.R. Horton news, 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 value of $67,076.11. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at $844,053.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Barbara K. Allen sold 449 shares of the business’s 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 in the company, valued at $844,053.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider David V. Auld sold 25,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The disclosure for this sale can be found here. Insiders have sold a total of 27,812 shares of company stock worth $4,330,617 in the last 90 days. 1.74% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Citigroup upped their price target on shares of D.R. Horton from $166.00 to $191.00 and gave the stock a “buy” rating in a research note on Friday, April 5th. Barclays lowered their target price on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a report on Friday, April 19th. Raymond James upped their price target on shares of D.R. Horton from $140.00 to $160.00 and gave the company an “outperform” rating in a report on Thursday, February 1st. Jefferies Financial Group raised their price objective on shares of D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a research report on Friday, April 19th. Finally, UBS Group boosted their target price on shares of D.R. Horton from $192.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 19th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $158.41.

View Our Latest Research Report on D.R. Horton

D.R. Horton Stock Up 0.3 %

DHI stock traded up $0.47 during midday trading on Friday, reaching $149.97. The company had a trading volume of 2,085,630 shares, compared to its average volume of 2,745,725. The company has a 50 day moving average of $152.30 and a two-hundred day moving average of $143.13. The company has a market capitalization of $49.39 billion, a P/E ratio of 10.21, a PEG ratio of 0.74 and a beta of 1.66. D.R. Horton, Inc. has a 1 year low of $100.08 and a 1 year high of $165.75. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24.

D.R. Horton (NYSE:DHIGet Free Report) last announced 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. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. During the same period last year, the company earned $2.73 earnings per share. D.R. Horton’s quarterly revenue was up 14.2% compared to the same quarter last year. On average, equities research analysts expect that D.R. Horton, Inc. will post 14.31 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend was Wednesday, May 1st. D.R. Horton’s dividend payout ratio (DPR) is presently 8.17%.

D.R. Horton Profile

(Free Report)

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.

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Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

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