DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Lowers Stock Position in D.R. Horton, Inc. (NYSE:DHI)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main cut its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 19.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,815,335 shares of the construction company's stock after selling 895,350 shares during the quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main owned approximately 1.21% of D.R. Horton worth $533,460,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Nemes Rush Group LLC boosted its stake in shares of 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 buying an additional 82 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in D.R. Horton in the fourth quarter worth $30,000. Rosenberg Matthew Hamilton boosted its position in D.R. Horton by 152.8% in the fourth 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. Kohmann Bosshard Financial Services LLC bought a new position in D.R. Horton in the 4th quarter valued at $38,000. Finally, Sierra Ocean LLC purchased a new stake in shares of D.R. Horton during the 4th quarter valued at $43,000. 90.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on DHI. Seaport Res Ptn upgraded shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. Wells Fargo & Company reduced 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 report on Monday, April 14th. Wedbush restated a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. Keefe, Bruyette & Woods dropped their price objective on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Finally, The Goldman Sachs Group decreased their target price on D.R. Horton from $173.00 to $150.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. 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. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $151.15.

D.R. Horton Trading Up 0.8 %

Shares of DHI opened at $122.80 on Thursday. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. The stock has a market cap of $37.72 billion, a PE ratio of 8.68, a P/E/G 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. The business's 50-day moving average price is $125.44 and its 200-day moving average price is $141.61.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $8.07 billion. During the same period last year, the company posted $3.52 EPS. On average, equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

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

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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