Brevan Howard Capital Management LP Buys 30,463 Shares of D.R. Horton, Inc. (NYSE:DHI)

Brevan Howard Capital Management LP increased its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 105.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,446 shares of the construction company's stock after purchasing an additional 30,463 shares during the quarter. Brevan Howard Capital Management LP's holdings in D.R. Horton were worth $8,312,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DHI shares. JPMorgan Chase & Co. reduced their target price on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a report 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 for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Barclays reduced their price target 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. UBS Group reduced their target price on D.R. Horton from $214.00 to $203.00 and set a "buy" rating on the stock in a report on Wednesday, January 8th. Finally, JMP Securities lowered their target price on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a research note on Monday, April 21st. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $151.15.

D.R. Horton Stock Up 0.9 %

DHI traded up $1.10 during trading on Thursday, reaching $123.87. 3,471,421 shares of the stock were exchanged, compared to its average volume of 2,962,206. The stock has a market cap of $38.05 billion, a P/E ratio of 8.75, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. 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 stock's 50 day moving average price is $125.44 and its two-hundred day moving average price is $141.61. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85.

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

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be paid 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 1.29%. 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.