Callan Family Office LLC Acquires New Holdings in D.R. Horton, Inc. $DHI

Callan Family Office LLC acquired a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 15,381 shares of the construction company's stock, valued at approximately $2,505,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Core Wealth Advisors LLC acquired a new stake in shares of D.R. Horton in the 4th quarter worth approximately $25,000. Osbon Capital Management LLC acquired a new position in shares of D.R. Horton during the fourth quarter valued at approximately $26,000. Wilkerson Advisory Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter valued at approximately $30,000. Bell Investment Advisors Inc bought a new stake in D.R. Horton during the second quarter worth approximately $32,000. Finally, Activest Wealth Management raised its holdings in D.R. Horton by 487.8% during the fourth quarter. Activest Wealth Management now owns 241 shares of the construction company's stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Price Performance

Shares of NYSE:DHI opened at $148.43 on Friday. The company has a market capitalization of $41.52 billion, a PE ratio of 14.12, a price-to-earnings-growth ratio of 2.35 and a beta of 1.37. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.04 and a current ratio of 6.43. The stock has a fifty day moving average of $151.80 and a 200-day moving average of $149.75. D.R. Horton, Inc. has a one year low of $131.75 and a one year high of $184.54.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.02 by $0.18. The business had revenue of $9.23 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm posted $3.36 EPS. As a group, equities analysts anticipate that D.R. Horton, Inc. will post 10.47 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were given a $0.45 dividend. The ex-dividend date was Thursday, August 6th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton's dividend payout ratio (DPR) is 17.13%.

Wall Street Analysts Forecast Growth

DHI has been the subject of a number of research reports. BTIG Research set a $184.00 price target on D.R. Horton in a research note on Wednesday, July 22nd. The Goldman Sachs Group reissued a "buy" rating on shares of D.R. Horton in a research note on Tuesday, July 21st. Citigroup restated a "neutral" rating on shares of D.R. Horton in a report on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed a "mixed" rating on shares of D.R. Horton in a research note on Wednesday, July 22nd. Finally, Zelman & Associates raised D.R. Horton from a "neutral" rating to an "outperform" rating in a report on Tuesday, July 7th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, D.R. Horton currently has an average rating of "Hold" and an average target price of $166.92.

About D.R. Horton

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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