D.R. Horton, Inc. $DHI Shares Acquired by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. increased its stake in D.R. Horton, Inc. by 106.6%, acquiring an additional 7,332 shares during the first quarter, bringing their total holdings to 14,212 shares valued at approximately $1.8 million.
• Various institutional investors, including Olde Wealth Management LLC and Bayforest Capital Ltd, have also notably increased their positions in D.R. Horton, which now has over 90% of its stock owned by institutional investors.
• Wall Street analysts have updated their price targets for D.R. Horton, with UBS Group raising its target from $176.00 to $187.00 and several other firms giving the stock a range of ratings from "Strong Buy" to "Underperform."

Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 106.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,212 shares of the construction company's stock after acquiring an additional 7,332 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in D.R. Horton were worth $1,800,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Olde Wealth Management LLC acquired a new position in D.R. Horton in the 1st quarter valued at about $26,000. Bayforest Capital Ltd boosted its holdings in D.R. Horton by 340.4% in the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock valued at $32,000 after purchasing an additional 194 shares during the last quarter. Itau Unibanco Holding S.A. acquired a new position in D.R. Horton in the 4th quarter valued at about $43,000. Alpine Bank Wealth Management acquired a new position in shares of D.R. Horton in the 1st quarter worth approximately $61,000. Finally, Continuum Advisory LLC lifted 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 last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Wells Fargo & Company upped their price objective on shares of D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Keefe, Bruyette & Woods increased their target price on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. UBS Group increased their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a report on Wednesday, July 23rd. Wedbush increased their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a "neutral" rating in a report on Wednesday, July 23rd. Finally, Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. One equities research 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 issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $153.23.

Insider Activity at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of D.R. Horton stock in a transaction dated 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 sale, the director directly owned 2,193 shares in the company, valued at $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.54% of the stock is currently owned by company insiders.

D.R. Horton Stock Up 5.5%

Shares of NYSE:DHI traded up $8.8910 during trading hours on Friday, reaching $170.7610. The stock had a trading volume of 6,110,693 shares, compared to its average volume of 3,984,224. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm's 50 day moving average is $142.34 and its 200-day moving average is $131.06. 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 capitalization of $50.91 billion, a price-to-earnings ratio of 13.69, a P/E/G ratio of 3.63 and a beta of 1.34.

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

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a dividend of $0.40 per share. The ex-dividend date was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. D.R. Horton's payout ratio is 12.83%.

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.