Capital Analysts LLC Sells 13,007 Shares of D.R. Horton, Inc. $DHI

Key Points

• Capital Analysts LLC reduced its D.R. Horton stake by 16.4% in the second quarter, selling 13,007 shares and retaining 66,442 shares valued at approximately $10.8 million.
• D.R. Horton reported quarterly EPS of $3.20, beating estimates of $3.02, while revenue reached $9.23 billion versus expectations of $9.10 billion. The company also paid a quarterly dividend of $0.45 per share, yielding about 1.3% annually.
• The stock opened at $138.68, below its 50-day and 200-day moving averages. Analysts maintain a consensus “Hold” rating with an average price target of $166.92, while institutional investors own 90.63% of shares.

Capital Analysts LLC lowered its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 16.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 66,442 shares of the construction company's stock after selling 13,007 shares during the quarter. Capital Analysts LLC's holdings in D.R. Horton were worth $10,821,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Caitlin John LLC bought a new position in D.R. Horton in the 2nd quarter valued at $25,000. Fiduciary Financial Advisors purchased a new stake in shares of D.R. Horton in the second quarter worth $25,000. Core Wealth Advisors LLC purchased a new position in D.R. Horton during the fourth quarter worth about $25,000. Osbon Capital Management LLC bought a new position in D.R. Horton in the 4th quarter worth about $26,000. Finally, Bell Investment Advisors Inc purchased a new stake in shares of D.R. Horton in the 2nd quarter valued at about $32,000. 90.63% of the stock is currently owned by institutional investors.

D.R. Horton Stock Performance

D.R. Horton stock opened at $138.68 on Wednesday. The firm has a fifty day simple moving average of $148.22 and a two-hundred day simple moving average of $148.34. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a twelve month low of $131.75 and a twelve month high of $183.08. The company has a market capitalization of $38.79 billion, a PE ratio of 13.19, a P/E/G ratio of 2.27 and a beta of 1.37.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, beating analysts' consensus estimates of $3.02 by $0.18. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company had revenue of $9.23 billion during the quarter, compared to analyst estimates of $9.10 billion. During the same quarter in the previous year, the company posted $3.36 EPS. D.R. Horton's revenue for the quarter was up .0% on a year-over-year basis. Research analysts expect that D.R. Horton, Inc. will post 10.46 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 13th. Investors of record on Thursday, August 6th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, August 6th. D.R. Horton's dividend payout ratio is currently 17.13%.

Analyst Ratings Changes

Several brokerages have issued reports on DHI. BTIG Research set a $184.00 target price on shares of D.R. Horton in a research report on Wednesday, July 22nd. The Goldman Sachs Group reiterated a "buy" rating on shares of D.R. Horton in a research report on Tuesday, July 21st. Royal Bank Of Canada reissued a "mixed" rating on shares of D.R. Horton in a research note on Wednesday, July 22nd. Weiss Ratings raised D.R. Horton from a "hold (c)" rating to a "hold (c+)" rating in a research note on Monday, July 20th. Finally, Barclays upped their price objective on D.R. Horton from $140.00 to $141.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus 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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