D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. trimmed its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 92.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,029 shares of the construction company's stock after selling 24,624 shares during the period. Jefferies Financial Group Inc.'s holdings in D.R. Horton were worth $284,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DHI. Golden State Equity Partners boosted its position in 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 valued at $545,000 after buying an additional 3,171 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its holdings in shares of D.R. Horton by 15.5% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company's stock valued at $2,086,000 after acquiring an additional 2,003 shares during the period. 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 worth $36,306,000 after purchasing an additional 119,392 shares during the last quarter. Vontobel Holding Ltd. raised its stake in D.R. Horton by 52.9% during the 4th quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company's stock valued at $2,319,000 after acquiring an additional 5,736 shares in the last quarter. Finally, Bank Pictet & Cie Europe AG lifted its holdings in D.R. Horton by 1.6% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 319,166 shares of the construction company's stock worth $44,626,000 after purchasing an additional 5,052 shares during the period. 90.63% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Keefe, Bruyette & Woods lowered their price objective on shares of D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. Bank of America reduced their price target on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JPMorgan Chase & Co. decreased 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. JMP Securities reduced their target price on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research note on Monday, April 21st. Finally, Wall Street Zen upgraded shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. 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 company. Based on data from MarketBeat.com, the company 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 $5.29 during midday trading on Wednesday, reaching $123.64. 3,721,663 shares of the company's stock traded hands, compared to its average volume of 3,029,222. The company has a market cap of $37.98 billion, a price-to-earnings ratio of 8.74, a P/E/G ratio of 0.54 and a beta of 1.45. 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 stock has a 50 day moving average of $122.23 and a 200 day moving average of $134.71. D.R. Horton, Inc. has a one year low of $110.44 and a one year 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 EPS for the quarter, missing analysts' consensus estimates 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 quarter in the previous year, the business posted $3.52 EPS. As a group, equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company 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 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date of this dividend was Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is presently 12.11%.

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.