Atlantic Union Bankshares Corp Has $9.01 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Atlantic Union Bankshares Corp boosted its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 7.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,894 shares of the construction company's stock after acquiring an additional 4,723 shares during the period. Atlantic Union Bankshares Corp's holdings in D.R. Horton were worth $9,013,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Nemes Rush Group LLC boosted its stake in D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the period. Olde Wealth Management LLC bought a new stake in D.R. Horton in the 1st quarter valued at $26,000. Itau Unibanco Holding S.A. bought a new stake in D.R. Horton in the 4th quarter valued at $43,000. Oarsman Capital Inc. boosted its stake in D.R. Horton by 146.7% in the 4th quarter. Oarsman Capital Inc. now owns 333 shares of the construction company's stock valued at $46,000 after purchasing an additional 198 shares during the period. Finally, Physician Wealth Advisors Inc. bought a new stake in shares of D.R. Horton during the 4th quarter valued at $54,000. Institutional investors own 90.63% of the company's stock.

Wall Street Analyst Weigh In

DHI has been the subject of a number of research analyst reports. Royal Bank Of Canada lowered their price target on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a report on Monday, April 21st. Bank of America lowered their price target on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JMP Securities lowered their price target on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a report on Monday, April 21st. JPMorgan Chase & Co. lowered 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. Finally, Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, D.R. Horton currently has a consensus rating of "Hold" and an average target price of $151.15.

D.R. Horton Stock Up 0.2%

Shares of D.R. Horton stock opened at $131.86 on Friday. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 7.29 and a quick ratio of 1.15. The stock's 50-day moving average is $126.01 and its 200 day moving average is $128.95. The firm has a market cap of $40.50 billion, a price-to-earnings ratio of 9.98, a PEG ratio of 4.12 and a beta of 1.38.

D.R. Horton (NYSE:DHI - Get Free Report) last released its 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 return on equity of 16.95% and a net margin of 12.15%. The firm had revenue of $7.73 billion during the quarter, compared to analysts' expectations of $8.07 billion. During the same period in the prior year, the business earned $3.52 earnings per share. Equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 2nd were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.21%. D.R. Horton's payout ratio is 12.11%.

Insiders Place Their Bets

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the firm's stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total transaction of $274,555.00. Following the sale, the director owned 2,193 shares in the company, valued at $280,046.10. This trade represents a 49.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

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.

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