2,283 Shares in D.R. Horton, Inc. $DHI Acquired by MBB Public Markets I LLC

Key Points

• MBB Public Markets I LLC acquired 2,283 shares of D.R. Horton, valued at approximately $290,000, during the first quarter.
• D.R. Horton reported an earnings per share (EPS) of $3.36, exceeding analysts' estimates by $0.46, despite a 7.4% decrease in quarterly revenue year-over-year.
• The company's recent quarterly dividend of $0.40 reflects an annualized yield of 0.9%, with a payout ratio of 12.83%.

MBB Public Markets I LLC bought a new stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,283 shares of the construction company's stock, valued at approximately $290,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DHI. Edgestream Partners L.P. grew its holdings in shares of D.R. Horton by 1,710.0% during the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company's stock worth $13,678,000 after buying an additional 101,643 shares during the last quarter. MQS Management LLC acquired a new position in shares of D.R. Horton in the first quarter valued at approximately $1,132,000. Leavell Investment Management Inc. raised its stake in shares of D.R. Horton by 19.8% during the first quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company's stock worth $423,000 after purchasing an additional 549 shares during the last quarter. Exchange Traded Concepts LLC grew its position in D.R. Horton by 25.0% in the 1st quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company's stock valued at $325,000 after buying an additional 511 shares during the last quarter. Finally, Bank Pictet & Cie Europe AG raised its position in D.R. Horton by 1.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company's stock worth $44,626,000 after buying an additional 5,052 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Price Performance

NYSE DHI traded down $0.52 during trading hours on Tuesday, reaching $171.57. The company's stock had a trading volume of 1,853,999 shares, compared to its average volume of 3,776,842. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. The stock has a market cap of $51.15 billion, a PE ratio of 13.74, a PEG ratio of 3.77 and a beta of 1.36. The company's 50-day moving average is $157.10 and its two-hundred day moving average is $136.13. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, beating the consensus estimate of $2.90 by $0.46. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business had revenue of $9.23 billion for the quarter, compared to analyst estimates of $8.80 billion. During the same period in the prior year, the business earned $4.10 earnings per share. The company's quarterly revenue was down 7.4% on a year-over-year basis. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Thursday, August 7th. D.R. Horton's dividend payout ratio (DPR) is currently 12.83%.

Insider Activity at D.R. Horton

In related news, Chairman David V. Auld sold 30,000 shares of the firm's stock in a transaction that occurred on Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the sale, the chairman owned 815,672 shares in the company, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $183.00, for a total value of $251,808.00. Following the transaction, the senior vice president directly owned 6,457 shares in the company, valued at approximately $1,181,631. This represents a 17.57% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 34,526 shares of company stock valued at $6,173,403. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on DHI. Royal Bank Of Canada boosted their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an "underperform" rating in a research note on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Wells Fargo & Company raised their price target on D.R. Horton from $175.00 to $190.00 and gave the company an "overweight" rating in a report on Tuesday, September 2nd. Wedbush increased their price objective on D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 23rd. Finally, UBS Group boosted their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $154.38.

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.