9,857 Shares in D.R. Horton, Inc. $DHI Acquired by Two Sigma Securities LLC

Key Points

• Two Sigma Securities acquired 9,857 shares of D.R. Horton worth approximately $1.6 million, while institutional investors collectively own 90.63% of the homebuilder.
• D.R. Horton reported quarterly earnings of $3.20 per share and revenue of $9.23 billion, exceeding analyst expectations of $3.02 EPS and $9.10 billion in revenue.
• The company paid a quarterly dividend of $0.45 per share, equivalent to an annualized $1.80 dividend and a 1.2% yield. Analysts maintain a consensus “Hold” rating with a $166.92 target price.

Two Sigma Securities LLC acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 9,857 shares of the construction company's stock, valued at approximately $1,606,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. purchased a new stake in shares of D.R. Horton in the 2nd quarter worth $4,067,842,000. Capital World Investors increased its stake in shares of D.R. Horton by 22.1% during the fourth quarter. Capital World Investors now owns 36,948,434 shares of the construction company's stock valued at $5,321,849,000 after buying an additional 6,695,592 shares during the period. Norges Bank bought a new stake in shares of D.R. Horton in the fourth quarter valued at about $649,305,000. Bank of America Corp DE bought a new stake in shares of D.R. Horton in the second quarter valued at about $477,358,000. Finally, Bank of New York Mellon Corp purchased a new stake in D.R. Horton in the second quarter worth about $294,292,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Price Performance

Shares of DHI stock opened at $147.58 on Monday. The stock's 50-day moving average is $151.06 and its 200 day moving average is $149.49. D.R. Horton, Inc. has a 1-year low of $131.75 and a 1-year high of $184.54. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The company has a market cap of $41.28 billion, a P/E ratio of 14.04, a PEG ratio of 2.34 and a beta of 1.37.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, topping analysts' consensus estimates of $3.02 by $0.18. The business had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. The firm's revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted $3.36 earnings per share. Research analysts predict that D.R. Horton, Inc. will post 10.46 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. D.R. Horton's dividend payout ratio is presently 17.13%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Royal Bank Of Canada reiterated a "mixed" rating on shares of D.R. Horton in a report on Wednesday, July 22nd. Keefe, Bruyette & Woods lowered their price target on shares of D.R. Horton from $175.00 to $167.00 and set a "market perform" rating for the company in a research report on Wednesday, July 22nd. Wells Fargo & Company dropped their price objective on shares of D.R. Horton from $170.00 to $155.00 and set an "equal weight" rating on the stock in a research note on Tuesday, August 4th. Zelman & Associates raised shares of D.R. Horton from a "neutral" rating to an "outperform" rating in a report on Tuesday, July 7th. Finally, Weiss Ratings raised shares of D.R. Horton from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, D.R. Horton has a consensus rating of "Hold" and a consensus target price of $166.92.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company's core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.

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