D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Gotham Asset Management LLC

Gotham Asset Management LLC lessened its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 84.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,212 shares of the construction company's stock after selling 16,988 shares during the period. Gotham Asset Management LLC's holdings in D.R. Horton were worth $449,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Golden State Equity Partners increased its holdings in shares of D.R. Horton by 435.6% in the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after acquiring an additional 3,171 shares during the period. U.S. Capital Wealth Advisors LLC grew its position in D.R. Horton by 15.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company's stock valued at $2,086,000 after buying an additional 2,003 shares in the last quarter. Swedbank AB grew its position in D.R. Horton by 27.0% in the 4th quarter. Swedbank AB now owns 427,045 shares of the construction company's stock valued at $59,709,000 after buying an additional 90,776 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in D.R. Horton by 82.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company's stock valued at $36,306,000 after buying an additional 119,392 shares in the last quarter. Finally, Vontobel Holding Ltd. grew its position in D.R. Horton by 52.9% in the 4th quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company's stock valued at $2,319,000 after buying an additional 5,736 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

D.R. Horton Stock Performance

D.R. Horton stock opened at $124.87 on Tuesday. The firm's 50 day simple moving average is $124.44 and its 200-day simple moving average is $138.21. The company has a market cap of $38.36 billion, a P/E ratio of 8.82, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85.

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 the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion during the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same period last year, the business earned $3.52 earnings per share. As a group, equities research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, May 2nd. D.R. Horton's dividend payout ratio is currently 12.11%.

Analysts Set New Price Targets

DHI has been the subject of a number of recent analyst reports. Keefe, Bruyette & Woods decreased their target price on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a research report on Tuesday, April 22nd. Royal Bank of Canada lowered their price objective 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. Seaport Res Ptn raised shares of D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. Bank of America lowered their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, JPMorgan Chase & Co. lowered their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research note on Monday, April 21st. Two 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 company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $151.15.

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.

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