Bellwether Advisors LLC Acquires Shares of 6,408 D.R. Horton, Inc. (NYSE:DHI)

Bellwether Advisors LLC bought a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 6,408 shares of the construction company's stock, valued at approximately $896,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Nemes Rush Group LLC lifted its stake in D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton in the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC bought a new stake in D.R. Horton during the fourth quarter valued at $38,000. Rosenberg Matthew Hamilton grew its position in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after buying an additional 165 shares in the last quarter. Finally, Sierra Ocean LLC bought a new position in D.R. Horton in the 4th quarter worth about $43,000. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton Trading Down 0.6 %

Shares of NYSE DHI traded down $0.82 during mid-day trading on Thursday, hitting $125.53. The stock had a trading volume of 2,549,615 shares, compared to its average volume of 2,951,532. The firm has a market cap of $38.56 billion, a P/E ratio of 8.87, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The business has a 50 day moving average price of $125.78 and a two-hundred day moving average price of $143.89. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85.

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

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date is Friday, May 2nd. D.R. Horton's payout ratio is 12.11%.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Keefe, Bruyette & Woods cut their price objective on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Bank of America decreased their price target on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 UBS Group cut 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. Wedbush restated a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. Finally, Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $151.15.

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.