AQR Capital Management LLC Increases Position in D.R. Horton, Inc. (NYSE:DHI)

AQR Capital Management LLC boosted its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 9.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 249,784 shares of the construction company's stock after purchasing an additional 22,417 shares during the quarter. AQR Capital Management LLC owned about 0.08% of D.R. Horton worth $34,925,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Nemes Rush Group LLC raised its stake in shares of D.R. Horton by 74.5% in the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after buying an additional 82 shares during the period. Golden State Wealth Management LLC bought a new stake in shares of D.R. Horton during the 4th quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.R. Horton during the fourth quarter worth about $38,000. Rosenberg Matthew Hamilton lifted its holdings 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 acquiring an additional 165 shares during the last quarter. Finally, Sierra Ocean LLC purchased a new position in shares of D.R. Horton in the 4th quarter worth about $43,000. Institutional investors and hedge funds own 90.63% of the company's stock.

Analysts Set New Price Targets

DHI has been the subject of several recent research reports. UBS Group lowered their price objective on 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. JMP Securities dropped their price objective on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research report on Monday, April 21st. JPMorgan Chase & Co. lowered their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Bank of America decreased their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a research report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, StockNews.com lowered D.R. Horton from a "hold" rating to a "sell" rating in a research note on Thursday, May 1st. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Trading Up 0.8 %

NYSE:DHI traded up $0.92 on Wednesday, hitting $122.80. The stock had a trading volume of 2,523,452 shares, compared to its average volume of 2,958,033. The stock has a market cap of $37.72 billion, a price-to-earnings ratio of 8.68, a PEG ratio of 0.54 and a beta of 1.45. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The company has a fifty day moving average price of $125.51 and a two-hundred day moving average price of $141.74.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The business had revenue of $7.73 billion for the quarter, compared to analyst estimates 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 last year, the company earned $3.52 earnings per share. Equities research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.30%. D.R. Horton's dividend payout ratio is currently 12.11%.

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.