D.R. Horton, Inc. (NYSE:DHI) Stake Lifted by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. increased its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 11.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,921 shares of the construction company's stock after purchasing an additional 14,443 shares during the period. Crossmark Global Holdings Inc.'s holdings in D.R. Horton were worth $17,661,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DHI. Exchange Traded Concepts LLC increased its holdings in D.R. Horton by 25.0% in the first quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company's stock valued at $325,000 after buying an additional 511 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in D.R. Horton by 1.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company's stock valued at $44,626,000 after buying an additional 5,052 shares in the last quarter. OneAscent Financial Services LLC increased its holdings in D.R. Horton by 21.2% in the fourth quarter. OneAscent Financial Services LLC now owns 3,325 shares of the construction company's stock valued at $465,000 after buying an additional 582 shares in the last quarter. Ritholtz Wealth Management increased its holdings in D.R. Horton by 6.5% in the first quarter. Ritholtz Wealth Management now owns 2,124 shares of the construction company's stock valued at $270,000 after buying an additional 129 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its holdings in D.R. Horton by 34.7% in the first quarter. Robeco Institutional Asset Management B.V. now owns 46,215 shares of the construction company's stock valued at $5,875,000 after buying an additional 11,905 shares in the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Trading Down 0.7%

Shares of DHI traded down $0.89 during mid-day trading on Monday, reaching $131.01. The company had a trading volume of 3,086,693 shares, compared to its average volume of 3,129,206. The stock has a market cap of $40.24 billion, a price-to-earnings ratio of 9.92, a price-to-earnings-growth ratio of 4.12 and a beta of 1.38. The firm has a fifty day simple moving average of $124.15 and a 200-day simple moving average of $129.32. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The company has a current ratio of 7.29, a quick ratio of 1.15 and a debt-to-equity ratio of 0.26.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.69 by ($0.11). D.R. Horton had a return on equity of 16.95% and a net margin of 12.15%. The firm had revenue of $7.73 billion for the quarter, compared to analysts' expectations of $8.07 billion. During the same period last year, the firm earned $3.52 EPS. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 2nd were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date was Friday, May 2nd. D.R. Horton's payout ratio is 12.11%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on DHI shares. Keefe, Bruyette & Woods lowered their price target on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 22nd. Barclays lowered their price target on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. JPMorgan Chase & Co. lowered their price target on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Wells Fargo & Company lowered their price target on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Finally, Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $151.15.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Michael R. Buchanan sold 2,150 shares of the business's 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 transaction, the director directly owned 2,193 shares of the company's stock, valued at $280,046.10. The trade was a 49.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.54% of the stock is owned by 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.