B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 9,090 shares of the construction company's stock, valued at approximately $1,481,000.
Other hedge funds have also recently bought and sold shares of the company. Core Wealth Advisors LLC bought a new stake in D.R. Horton in the 4th quarter valued at $25,000. Osbon Capital Management LLC bought a new stake in shares of D.R. Horton in the fourth quarter valued at about $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $30,000. Bell Investment Advisors Inc bought a new stake in D.R. Horton in the 2nd quarter valued at approximately $32,000. Finally, Activest Wealth Management boosted its position in D.R. Horton by 487.8% during the 4th quarter. Activest Wealth Management now owns 241 shares of the construction company's stock worth $35,000 after acquiring an additional 200 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.
D.R. Horton Price Performance
Shares of NYSE DHI opened at $148.43 on Monday. The firm has a market cap of $41.52 billion, a P/E ratio of 14.12, a price-to-earnings-growth ratio of 2.35 and a beta of 1.37. The business's 50 day moving average is $151.80 and its 200-day moving average is $149.75. The company has a current ratio of 6.43, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 1-year low of $131.75 and a 1-year high of $184.54.
D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, beating analysts' consensus estimates of $3.02 by $0.18. The firm had revenue of $9.23 billion for the quarter, compared to analyst estimates of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company's revenue for the quarter was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $3.36 EPS. Equities research analysts predict that D.R. Horton, Inc. will post 10.47 earnings per share for the current year.
D.R. Horton Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were paid a $0.45 dividend. The ex-dividend date was Thursday, August 6th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton's dividend payout ratio is 17.13%.
Wall Street Analyst Weigh In
A number of analysts have recently commented on DHI shares. Citigroup reissued a "neutral" rating on shares of D.R. Horton in a research report on Wednesday, July 22nd. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $175.00 to $167.00 and set a "market perform" rating for the company in a report on Wednesday, July 22nd. The Goldman Sachs Group reissued a "buy" rating on shares of D.R. Horton in a research report on Tuesday, July 21st. Royal Bank Of Canada restated a "mixed" rating on shares of D.R. Horton in a research note on Wednesday, July 22nd. Finally, Zelman & Associates upgraded D.R. Horton from a "neutral" rating to an "outperform" rating in a research note on Tuesday, July 7th. Five equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $166.92.
Check Out Our Latest Analysis on DHI
D.R. Horton Company Profile
(
Free Report)
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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