Atria Wealth Solutions Inc. Has $518,000 Stake in D.R. Horton, Inc. $DHI

Atria Wealth Solutions Inc. lowered its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 56.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,077 shares of the construction company's stock after selling 5,303 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in D.R. Horton were worth $518,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Azzad Asset Management Inc. ADV raised its position in D.R. Horton by 1.0% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock worth $1,221,000 after acquiring an additional 89 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in D.R. Horton by 3.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock valued at $446,000 after buying an additional 98 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its stake in shares of D.R. Horton by 2.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock worth $470,000 after acquiring an additional 98 shares in the last quarter. Continuum Advisory LLC grew its holdings in shares of D.R. Horton by 25.8% in the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock worth $68,000 after acquiring an additional 100 shares during the period. Finally, Unison Advisors LLC boosted its position in D.R. Horton by 0.3% during the first quarter. Unison Advisors LLC now owns 38,719 shares of the construction company's stock worth $4,922,000 after purchasing an additional 103 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Trading Up 0.6%

Shares of D.R. Horton stock traded up $0.97 during trading hours on Monday, hitting $166.59. The company's stock had a trading volume of 1,403,044 shares, compared to its average volume of 3,794,080. The business has a fifty day moving average of $138.23 and a 200 day moving average of $130.11. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $49.66 billion, a PE ratio of 13.35, a P/E/G ratio of 3.51 and a beta of 1.34.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 EPS for the quarter, topping analysts' consensus estimates of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%. The company had revenue of $9.23 billion for the quarter, compared to analysts' expectations of $8.80 billion. During the same quarter in the previous year, the firm posted $4.10 earnings per share. The firm's quarterly revenue was down 7.4% on a year-over-year basis. As a group, equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders 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 dividend yield of 1.0%. The ex-dividend date was Thursday, August 7th. D.R. Horton's dividend payout ratio is presently 12.83%.

Wall Street Analyst Weigh In

DHI has been the subject of several recent research reports. Wells Fargo & Company raised their target price on shares of D.R. Horton from $160.00 to $175.00 and gave the company an "overweight" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada lifted their price objective on D.R. Horton from $105.00 to $117.00 and gave the stock an "underperform" rating in a research report on Wednesday, July 23rd. JPMorgan Chase & Co. lowered their target price on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a report on Monday, April 21st. Keefe, Bruyette & Woods boosted their price target on D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. Finally, Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $153.23.

Insider Buying and Selling at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total transaction of $274,555.00. Following the completion of the transaction, the director owned 2,193 shares of the company's stock, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.54% of the company's stock.

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.