Freestone Capital Holdings LLC Has $4.31 Million Stock Holdings in D.R. Horton, Inc. $DHI

Key Points

• Freestone Capital Holdings LLC has increased its position in D.R. Horton by 10.3% in the first quarter, now owning 33,889 shares valued at approximately $4.3 million.
• Recent research reports have varied price targets for D.R. Horton, with a consensus rating of "Hold" and a price target of $153.23.
• D.R. Horton recently announced a quarterly dividend of $0.40, translating to an annual yield of 1.0%.

Freestone Capital Holdings LLC lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 10.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 33,889 shares of the construction company's stock after acquiring an additional 3,152 shares during the quarter. Freestone Capital Holdings LLC's holdings in D.R. Horton were worth $4,308,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Horizon Investments LLC lifted its holdings in shares of D.R. Horton by 1.5% in the first quarter. Horizon Investments LLC now owns 5,586 shares of the construction company's stock valued at $708,000 after buying an additional 83 shares during the period. Azzad Asset Management Inc. ADV raised its position 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 worth $1,221,000 after acquiring an additional 89 shares in the last quarter. Aptus Capital Advisors LLC lifted its holdings in D.R. Horton by 3.2% in the 4th quarter. Aptus Capital Advisors LLC now owns 3,190 shares of the construction company's stock valued at $446,000 after acquiring an additional 98 shares during the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in shares of D.R. Horton by 2.7% during the 1st quarter. Sheaff Brock Investment Advisors LLC now owns 3,696 shares of the construction company's stock valued at $470,000 after purchasing an additional 98 shares in the last quarter. Finally, Continuum Advisory LLC grew its stake in shares of D.R. Horton by 25.8% in the 4th quarter. Continuum Advisory LLC now owns 487 shares of the construction company's stock worth $68,000 after purchasing an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

D.R. Horton Stock Performance

DHI stock traded down $4.9610 during midday trading on Wednesday, hitting $163.1490. 3,694,595 shares of the company traded hands, compared to its average volume of 3,813,296. The business has a 50 day simple moving average of $140.67 and a 200-day simple moving average of $130.76. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. The stock has a market capitalization of $48.64 billion, a price-to-earnings ratio of 13.08, a price-to-earnings-growth ratio of 3.50 and a beta of 1.34.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.90 by $0.46. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The business had revenue of $9.23 billion for the quarter, compared to analyst estimates of $8.80 billion. During the same period last year, the business posted $4.10 EPS. D.R. Horton's revenue was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, equities research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Thursday, August 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. D.R. Horton's payout ratio is 12.83%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Keefe, Bruyette & Woods raised their target price on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a "market perform" rating in a report on Thursday, July 24th. UBS Group raised their price objective on D.R. Horton from $176.00 to $187.00 and gave the stock a "buy" rating in a research note on Wednesday, July 23rd. Wall Street Zen raised D.R. Horton from a "sell" rating to a "hold" rating in a research report on Sunday, July 20th. Wedbush increased their price target on D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a research report on Wednesday, July 23rd. Finally, Wells Fargo & Company boosted their price objective on D.R. Horton from $160.00 to $175.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, D.R. Horton has a consensus rating of "Hold" and a consensus target price of $153.23.

Insider Transactions at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $127.70, for a total transaction of $274,555.00. Following the transaction, the director owned 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.

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.