D.R. Horton, Inc. (NYSE:DHI) Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. increased its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 189.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,829 shares of the construction company's stock after buying an additional 3,813 shares during the quarter. Vise Technologies Inc.'s holdings in D.R. Horton were worth $815,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in shares of D.R. Horton by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company's stock valued at $1,009,077,000 after purchasing an additional 127,606 shares during the last quarter. Norges Bank acquired a new stake in shares of D.R. Horton during the fourth quarter worth $593,363,000. Franklin Resources Inc. grew its holdings in shares of D.R. Horton by 71.5% during the fourth quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock valued at $499,774,000 after buying an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of D.R. Horton by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company's stock valued at $485,984,000 after acquiring an additional 72,161 shares during the period. Finally, Northern Trust Corp raised its stake in D.R. Horton by 15.8% in the 4th quarter. Northern Trust Corp now owns 3,375,050 shares of the construction company's stock worth $471,899,000 after acquiring an additional 460,804 shares during the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have weighed in on DHI shares. Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. The Goldman Sachs Group cut 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 note on Tuesday, April 15th. Bank of America lowered their price target on shares of 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 Royal Bank of Canada reduced their price objective on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a research note on Monday, April 21st. Finally, Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Two analysts have rated the stock with a sell rating, seven have issued a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, D.R. Horton currently has a consensus rating of "Hold" and an average price target of $151.15.

D.R. Horton Price Performance

D.R. Horton stock traded down $4.13 during trading on Wednesday, reaching $117.35. The company had a trading volume of 3,446,259 shares, compared to its average volume of 3,001,677. The firm has a market capitalization of $36.05 billion, a PE ratio of 8.29, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. The firm's 50-day simple moving average is $123.47 and its 200 day simple moving average is $136.37. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its 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 net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same quarter last year, the business earned $3.52 EPS. As a group, equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date was Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) 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.