4,306 Shares in D.R. Horton, Inc. (NYSE:DHI) Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,306 shares of the construction company's stock, valued at approximately $602,000.

Several other large investors also recently made changes to their positions in DHI. Nemes Rush Group LLC lifted its stake in shares of D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the period. Golden State Wealth Management LLC bought a new position in D.R. Horton during the fourth quarter worth about $30,000. Rosenberg Matthew Hamilton grew its position in shares of D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after buying an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton in the 4th quarter valued at about $38,000. Finally, Sierra Ocean LLC acquired a new stake in shares of D.R. Horton in the 4th quarter valued at approximately $43,000. Institutional investors own 90.63% of the company's stock.

D.R. Horton Stock Performance

D.R. Horton stock traded down $0.88 during midday trading on Monday, hitting $124.87. 2,068,650 shares of the company were exchanged, compared to its average volume of 2,973,335. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The firm has a market capitalization of $38.36 billion, a PE ratio of 8.82, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. The business has a fifty day simple moving average of $124.52 and a two-hundred day simple moving average of $138.51. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same quarter in the previous year, the firm posted $3.52 earnings per share. On average, sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a dividend of $0.40 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. D.R. Horton's dividend payout ratio is currently 12.11%.

Analysts Set New Price Targets

Several analysts have issued reports on DHI shares. Keefe, Bruyette & Woods dropped their price target on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. StockNews.com upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. JMP Securities cut their price target on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a report on Monday, April 21st. Finally, Barclays dropped their price objective on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and an average price target of $151.15.

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.