D.R. Horton, Inc. $DHI Shares Bought by Schroder Investment Management Group

Key Points

• Schroder Investment Management Group raised its stake in D.R. Horton by 44.8% in Q3 to 219,919 shares (about $37.27 million), representing roughly 0.07% of the company.
• D.R. Horton beat the recent quarter's EPS ($2.03 vs. $1.98) and revenue estimates ($6.89B vs. $6.66B) despite revenue falling 9.5% year‑over‑year; the stock trades below analyst consensus with a current consensus rating of Hold and a $159.93 price target.
• The company pays a $0.45 quarterly dividend (annualized $1.80, ~1.3% yield), and insider SVP Aron M. Odom sold 260 shares, reducing his stake by 3.87%.

Schroder Investment Management Group grew its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 44.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 219,919 shares of the construction company's stock after purchasing an additional 67,993 shares during the quarter. Schroder Investment Management Group owned approximately 0.07% of D.R. Horton worth $37,270,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the stock. Concord Wealth Partners bought a new position in D.R. Horton during the 3rd quarter worth $25,000. Canton Hathaway LLC bought a new stake in D.R. Horton in the third quarter valued at $26,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of D.R. Horton during the third quarter valued at $27,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of D.R. Horton during the second quarter worth about $29,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of D.R. Horton in the 3rd quarter worth about $31,000. Institutional investors own 90.63% of the company's stock.

Insider Transactions at D.R. Horton

In other news, SVP Aron M. Odom sold 260 shares of D.R. Horton stock in a transaction on Friday, February 13th. The stock was sold at an average price of $167.55, for a total transaction of $43,563.00. Following the transaction, the senior vice president directly owned 6,457 shares in the company, valued at approximately $1,081,870.35. This trade represents a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.66% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on DHI shares. UBS Group set a $163.00 target price on shares of D.R. Horton in a research note on Tuesday, January 27th. Keefe, Bruyette & Woods reaffirmed a "reduce" rating on shares of D.R. Horton in a report on Tuesday, January 27th. Truist Financial set a $155.00 price objective on D.R. Horton and gave the stock a "hold" rating in a research report on Tuesday, March 3rd. Bank of America set a $158.00 price objective on D.R. Horton in a report on Wednesday, January 21st. Finally, Citizens Jmp restated a "market perform" rating on shares of D.R. Horton in a research report on Wednesday, January 7th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $159.93.

D.R. Horton Stock Down 1.8%

D.R. Horton stock opened at $142.63 on Thursday. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54. The stock has a market cap of $41.32 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 2.24 and a beta of 1.43. The company's 50-day moving average price is $155.12 and its two-hundred day moving average price is $156.87. The company has a current ratio of 6.63, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, topping analysts' consensus estimates of $1.98 by $0.05. The company had revenue of $6.89 billion during the quarter, compared to analyst estimates of $6.66 billion. D.R. Horton had a net margin of 9.95% and a return on equity of 13.51%. The business's revenue for the quarter was down 9.5% compared to the same quarter last year. During the same period in the prior year, the business posted $2.61 EPS. On average, analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton's dividend payout ratio (DPR) is presently 16.35%.

D.R. Horton Company Profile

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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