D.R. Horton, Inc. (NYSE:DHI) Shares Purchased by Caxton Associates LP

Caxton Associates LP boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 243.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,261 shares of the construction company's stock after buying an additional 3,729 shares during the quarter. Caxton Associates LP's holdings in D.R. Horton were worth $736,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on DHI. The Goldman Sachs Group cut their price target on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Royal Bank of Canada lowered their price target on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a research report on Monday, April 21st. Seaport Res Ptn raised D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Wells Fargo & Company decreased their target price on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating for the company in a research note on Monday, April 14th. Finally, Keefe, Bruyette & Woods cut their price target on shares of 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. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $151.15.

D.R. Horton Stock Down 1.5 %

Shares of NYSE:DHI traded down $1.83 during mid-day trading on Friday, hitting $122.01. 3,956,080 shares of the company traded hands, compared to its average volume of 2,961,811. The stock has a 50-day moving average price of $125.33 and a two-hundred day moving average price of $140.78. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $199.85. The stock has a market cap of $37.48 billion, a P/E ratio of 8.62, a P/E/G ratio of 0.54 and a beta of 1.45.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly 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). D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The business had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same quarter last year, the business posted $3.52 EPS. On average, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.31%. D.R. Horton's payout ratio is 12.11%.

About D.R. Horton

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.