Teza Capital Management LLC Acquires 23,543 Shares of D.R. Horton, Inc. (NYSE:DHI)

Teza Capital Management LLC boosted its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 319.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,911 shares of the construction company's stock after acquiring an additional 23,543 shares during the quarter. D.R. Horton accounts for approximately 0.7% of Teza Capital Management LLC's investment portfolio, making the stock its 24th biggest holding. Teza Capital Management LLC's holdings in D.R. Horton were worth $4,322,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Nemes Rush Group LLC raised its holdings in shares of D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after purchasing an additional 82 shares during the period. Golden State Wealth Management LLC bought a new position in D.R. Horton during the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC acquired a new position in D.R. Horton during the fourth quarter worth approximately $38,000. Sierra Ocean LLC bought a new stake in D.R. Horton in the fourth quarter valued at approximately $43,000. Finally, Itau Unibanco Holding S.A. acquired a new stake in shares of D.R. Horton in the fourth quarter valued at approximately $43,000. 90.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on DHI. Bank of America decreased their target price on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JPMorgan Chase & Co. reduced their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. The Goldman Sachs Group dropped their price objective on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. StockNews.com raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Finally, BTIG Research lowered their price target on shares of D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $151.15.

D.R. Horton Price Performance

Shares of DHI stock traded down $2.36 during trading on Tuesday, hitting $122.57. The company had a trading volume of 1,973,304 shares, compared to its average volume of 2,975,667. The firm has a market capitalization of $37.65 billion, a P/E ratio of 8.66, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The stock's 50-day moving average price is $124.39 and its 200 day moving average price is $138.11.

D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same quarter in the previous year, the company posted $3.52 earnings per share. Equities 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 disclosed 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. The ex-dividend date was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.31%. D.R. Horton's payout ratio is 12.11%.

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.