Caitlin John LLC Sells 6,161 Shares of D.R. Horton, Inc. $DHI

Key Points

• Caitlin John LLC reduced its holdings in D.R. Horton by 54.6%, selling 6,161 shares and leaving it with 5,122 shares valued at approximately $651,000.
• Several institutional investors have increased their stakes in D.R. Horton, with notable increases like 1832 Asset Management, which raised its position by 2,824.2% during the same period.
• D.R. Horton reported earnings per share of $3.36 for the latest quarter, exceeding estimates of $2.90, while also declaring a quarterly dividend of $0.40.

Caitlin John LLC cut its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 54.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,122 shares of the construction company's stock after selling 6,161 shares during the quarter. Caitlin John LLC's holdings in D.R. Horton were worth $651,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. lifted its position in D.R. Horton by 0.6% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 32,357 shares of the construction company's stock worth $4,113,000 after buying an additional 204 shares in the last quarter. AlphaQuest LLC lifted its position in D.R. Horton by 296.0% during the 1st quarter. AlphaQuest LLC now owns 11,897 shares of the construction company's stock worth $1,512,000 after buying an additional 8,893 shares in the last quarter. Allstate Corp lifted its position in D.R. Horton by 26.6% during the 1st quarter. Allstate Corp now owns 11,071 shares of the construction company's stock worth $1,407,000 after buying an additional 2,326 shares in the last quarter. Gitterman Wealth Management LLC bought a new stake in D.R. Horton during the 1st quarter worth about $332,000. Finally, 1832 Asset Management L.P. lifted its position in D.R. Horton by 2,824.2% during the 1st quarter. 1832 Asset Management L.P. now owns 452,405 shares of the construction company's stock worth $57,514,000 after buying an additional 436,934 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DHI shares. Keefe, Bruyette & Woods boosted their price target on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a research report on Thursday, July 24th. UBS Group upped their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the company a "buy" rating in a report on Wednesday, July 23rd. Wells Fargo & Company upped 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 upped their target price on shares of D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" rating in a report on Wednesday, July 23rd. Finally, Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, D.R. Horton has an average rating of "Hold" and an average target price of $153.23.

D.R. Horton Stock Up 5.5%

Shares of DHI stock opened at $170.7610 on Friday. 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 firm's 50-day moving average is $142.34 and its 200-day moving average is $131.14. The stock has a market cap of $50.91 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 3.44 and a beta of 1.34. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.46. The firm had revenue of $9.23 billion for the quarter, compared to analysts' expectations of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business's revenue was down 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $4.10 EPS. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts predict 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. Shareholders of record on Thursday, August 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Thursday, August 7th. D.R. Horton's dividend payout ratio is currently 12.83%.

Insiders Place Their Bets

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total value of $274,555.00. Following the transaction, the director directly owned 2,193 shares of the company's stock, valued at $280,046.10. This represents a 49.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

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.

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