GTS Securities LLC Has $1.46 Million Stake in D.R. Horton, Inc. (NYSE:DHI)

GTS Securities LLC decreased its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 59.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,444 shares of the construction company's stock after selling 15,144 shares during the quarter. GTS Securities LLC's holdings in D.R. Horton were worth $1,460,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of DHI. Vise Technologies Inc. grew its holdings in shares of D.R. Horton by 189.1% during the fourth quarter. Vise Technologies Inc. now owns 5,829 shares of the construction company's stock valued at $815,000 after buying an additional 3,813 shares in the last quarter. Blue Fin Capital Inc. grew its stake in D.R. Horton by 1.1% during the 4th quarter. Blue Fin Capital Inc. now owns 14,760 shares of the construction company's stock valued at $2,064,000 after acquiring an additional 164 shares in the last quarter. Continuum Advisory LLC increased its holdings 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 valued at $68,000 after purchasing an additional 100 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of D.R. Horton by 21.7% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,677,100 shares of the construction company's stock valued at $374,312,000 after purchasing an additional 476,816 shares during the period. Finally, Voloridge Investment Management LLC lifted its position in shares of D.R. Horton by 153.9% in the fourth quarter. Voloridge Investment Management LLC now owns 527,290 shares of the construction company's stock worth $73,726,000 after purchasing an additional 319,650 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on DHI shares. Bank of America dropped 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 Wells Fargo & Company cut their price objective on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating for the company in a report on Monday, April 14th. BTIG Research reduced their price objective on D.R. Horton from $171.00 to $150.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Barclays dropped their target price on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research report on Monday, April 21st. Finally, JPMorgan Chase & Co. reduced their price target on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company 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 issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, D.R. Horton has a consensus rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Stock Performance

Shares of D.R. Horton stock traded down $4.13 on Wednesday, reaching $117.35. The stock had a trading volume of 3,445,803 shares, compared to its average volume of 2,994,806. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The business's 50-day moving average price is $123.47 and its two-hundred day moving average price is $136.37. The stock has a market cap of $36.05 billion, a P/E ratio of 8.29, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. 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 analysts' consensus estimates of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm earned $3.52 EPS. On average, sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

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

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.