Ensign Peak Advisors Inc Buys 11,771 Shares of D.R. Horton, Inc. (NYSE:DHI)

Ensign Peak Advisors Inc boosted its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 246,124 shares of the construction company's stock after acquiring an additional 11,771 shares during the period. Ensign Peak Advisors Inc owned 0.08% of D.R. Horton worth $34,413,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DHI. Nemes Rush Group LLC lifted its position in 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 last quarter. Golden State Wealth Management LLC acquired a new position in D.R. Horton during the 4th quarter worth $30,000. Rosenberg Matthew Hamilton lifted its position in D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock worth $38,000 after acquiring an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in D.R. Horton during the 4th quarter worth $38,000. Finally, Sierra Ocean LLC acquired a new position in shares of D.R. Horton during the fourth quarter valued at about $43,000. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Price Performance

D.R. Horton stock traded up $0.27 during trading hours on Tuesday, hitting $126.41. 2,971,849 shares of the stock were exchanged, compared to its average volume of 2,967,493. 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 has a market capitalization of $38.83 billion, a P/E ratio of 8.93, a P/E/G ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $199.85. The business's 50-day moving average is $125.10 and its two-hundred day moving average is $139.74.

D.R. Horton (NYSE:DHI - Get Free Report) last issued 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). The firm 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 prior year, the company posted $3.52 earnings per share. Equities research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a dividend of $0.40 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

Analysts Set New Price Targets

A number of brokerages have recently commented on DHI. Wells Fargo & Company cut their price objective 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. JMP Securities cut their price objective on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a research report on Monday, April 21st. Royal Bank of Canada cut their price objective on shares of 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. StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday. Finally, Wedbush reaffirmed a "neutral" rating and set a $180.00 price objective on shares of D.R. Horton in a research report on Friday, January 17th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus 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.