D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Graham Capital Management L.P.

Graham Capital Management L.P. lowered its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 56.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,900 shares of the construction company's stock after selling 5,100 shares during the quarter. Graham Capital Management L.P.'s holdings in D.R. Horton were worth $545,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Golden State Equity Partners lifted its position in D.R. Horton by 435.6% in the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after purchasing an additional 3,171 shares during the period. Park Avenue Securities LLC increased its holdings in shares of D.R. Horton by 10.9% in the 4th quarter. Park Avenue Securities LLC now owns 28,056 shares of the construction company's stock valued at $3,923,000 after purchasing an additional 2,767 shares during the period. U.S. Capital Wealth Advisors LLC lifted its position in D.R. Horton by 15.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company's stock worth $2,086,000 after buying an additional 2,003 shares in the last quarter. Swedbank AB boosted its position in D.R. Horton by 27.0% during the fourth quarter. Swedbank AB now owns 427,045 shares of the construction company's stock valued at $59,709,000 after purchasing an additional 90,776 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of D.R. Horton by 82.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company's stock valued at $36,306,000 after buying an additional 119,392 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Stock Up 1.0%

Shares of DHI stock opened at $123.27 on Friday. 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 firm's 50-day moving average is $124.66 and its 200-day moving average is $139.22. The stock has a market cap of $37.87 billion, a price-to-earnings ratio of 8.71, a PEG ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its 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 company had revenue of $7.73 billion for the quarter, compared to the consensus estimate 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 period in the previous year, the firm posted $3.52 EPS. Sell-side analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 2nd were given a $0.40 dividend. The ex-dividend date was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.30%. D.R. Horton's dividend payout ratio is currently 12.11%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. 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 Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. BTIG Research decreased their price objective on D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Barclays reduced their target price on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Finally, Wedbush reaffirmed a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, D.R. Horton has an average rating of "Hold" and an average target price 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.

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