Achmea Investment Management B.V. Has $1.77 Million Holdings in D.R. Horton, Inc. (NYSE:DHI)

Achmea Investment Management B.V. lowered its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 83.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,903 shares of the construction company's stock after selling 69,442 shares during the quarter. Achmea Investment Management B.V.'s holdings in D.R. Horton were worth $1,767,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Nemes Rush Group LLC grew its holdings in D.R. Horton by 74.5% during the fourth 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. Azzad Asset Management Inc. ADV lifted its stake in D.R. Horton by 1.0% in the fourth quarter. Azzad Asset Management Inc. ADV now owns 8,732 shares of the construction company's stock valued at $1,221,000 after buying an additional 89 shares in the last quarter. Horizon Investments LLC lifted its stake in D.R. Horton by 1.7% in the fourth quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after buying an additional 91 shares in the last quarter. Blair William & Co. IL lifted its stake in D.R. Horton by 0.3% in the fourth quarter. Blair William & Co. IL now owns 36,782 shares of the construction company's stock valued at $5,143,000 after buying an additional 95 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its stake in D.R. Horton by 3.2% in the fourth quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock valued at $446,000 after buying an additional 98 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

Insider Activity 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 that occurred on 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 now directly owns 2,193 shares in the company, valued at $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DHI. Royal Bank Of Canada cut their price target on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a research note on Monday, April 21st. Wells Fargo & Company cut their price objective 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. Seaport Res Ptn raised shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research report on Thursday, March 6th. JPMorgan Chase & Co. lowered their target price on 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. Finally, The Goldman Sachs Group lowered their target price on 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. 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 given a strong buy rating to the company's stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of "Hold" and an average target price of $151.15.

D.R. Horton Stock Performance

Shares of NYSE:DHI traded up $1.62 during trading on Friday, reaching $128.77. 4,089,538 shares of the stock were exchanged, compared to its average volume of 3,104,520. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $199.85. The firm has a market cap of $39.56 billion, a PE ratio of 9.75, a PEG ratio of 4.02 and a beta of 1.37. The stock has a 50-day moving average price of $123.32 and a 200-day moving average price of $129.90. 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 issued its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $8.07 billion. During the same quarter in the prior year, the firm earned $3.52 EPS. Research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

D.R. Horton Company 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.