180 Wealth Advisors LLC Has $392,000 Stock Position in D.R. Horton, Inc. (NYSE:DHI)

180 Wealth Advisors LLC lowered its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 49.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,082 shares of the construction company's stock after selling 2,999 shares during the period. 180 Wealth Advisors LLC's holdings in D.R. Horton were worth $392,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nemes Rush Group LLC raised its stake 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 buying an additional 82 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of D.R. Horton in the fourth quarter worth $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. Sierra Ocean LLC acquired a new stake in shares of D.R. Horton during the fourth quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of D.R. Horton during the fourth quarter worth about $43,000. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Performance

Shares of NYSE:DHI traded up $1.43 during trading on Tuesday, reaching $118.32. The stock had a trading volume of 3,588,939 shares, compared to its average volume of 3,019,696. The stock has a fifty day simple moving average of $122.51 and a two-hundred day simple moving average of $134.90. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $199.85. The firm has a market capitalization of $36.35 billion, a price-to-earnings ratio of 8.36, a P/E/G ratio of 0.54 and a beta of 1.45.

D.R. Horton (NYSE:DHI - Get Free Report) last released 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 firm 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 company earned $3.52 earnings per share. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.35%. D.R. Horton's payout ratio is 12.11%.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reduced their price target 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. JPMorgan Chase & Co. reduced their price target on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a report on Monday, April 21st. The Goldman Sachs Group reduced their target price on D.R. Horton from $173.00 to $150.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. Seaport Res Ptn raised shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Finally, Wells Fargo & Company decreased their price target on 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. 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 given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $151.15.

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.