Greenhaven Associates Inc. Boosts Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Greenhaven Associates Inc. grew its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 0.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,674,763 shares of the construction company's stock after purchasing an additional 3,200 shares during the quarter. D.R. Horton makes up approximately 7.4% of Greenhaven Associates Inc.'s holdings, making the stock its 6th biggest holding. Greenhaven Associates Inc. owned about 1.17% of D.R. Horton worth $467,173,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Golden State Equity Partners grew its position in shares of D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock worth $545,000 after buying an additional 3,171 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings in D.R. Horton by 15.5% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company's stock worth $2,086,000 after purchasing an additional 2,003 shares during the period. Swedbank AB grew its holdings in shares of 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 during the period. Allspring Global Investments Holdings LLC lifted its holdings in D.R. Horton by 82.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company's stock worth $36,306,000 after acquiring an additional 119,392 shares in the last quarter. Finally, Vontobel Holding Ltd. increased its holdings in shares of D.R. Horton by 52.9% in the fourth quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company's stock worth $2,319,000 after acquiring 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 Down 0.3%

Shares of D.R. Horton stock traded down $0.32 on Friday, reaching $117.95. 4,305,130 shares of the company were exchanged, compared to its average volume of 3,019,152. The company has a market capitalization of $36.23 billion, a price-to-earnings ratio of 8.34, a PEG ratio of 0.54 and a beta of 1.45. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The company has a 50-day moving average of $122.76 and a 200 day moving average of $135.59.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly 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 return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same period last year, the company posted $3.52 earnings per share. On average, equities research analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a $0.40 dividend. The ex-dividend date was Friday, May 2nd. This represents a $1.60 annualized dividend and a yield of 1.36%. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on DHI shares. Wall Street Zen upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Barclays reduced their price target on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating for the company in a report on Monday, April 21st. Wells Fargo & Company dropped 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 report on Monday, April 14th. Bank of America reduced their target price on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, JMP Securities cut their price target on D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a report on Monday, April 21st. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, D.R. Horton has a consensus rating of "Hold" and a consensus price target of $151.15.

About D.R. Horton

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.