Jump Financial LLC Has $2.39 Million Holdings in D.R. Horton, Inc. $DHI

Key Points

• Jump Financial LLC has reduced its stake in D.R. Horton, Inc. by 30.3%, selling 8,177 shares and leaving the fund with 18,799 shares valued at $2,390,000.
• Multiple large investors have increased their positions in D.R. Horton during the fourth quarter, with Northern Trust Corp seeing a notable 15.8% boost to their holdings.
• D.R. Horton reported earnings of $3.36 EPS for the last quarter, surpassing estimates, even as revenue was down 7.4% year-over-year.

Jump Financial LLC lessened its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 30.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,799 shares of the construction company's stock after selling 8,177 shares during the quarter. Jump Financial LLC's holdings in D.R. Horton were worth $2,390,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Olde Wealth Management LLC bought a new stake in shares of D.R. Horton during the 1st quarter worth about $26,000. Bayforest Capital Ltd boosted its stake in D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company's stock valued at $32,000 after purchasing an additional 194 shares during the period. Accredited Wealth Management LLC bought a new stake in D.R. Horton during the 1st quarter valued at approximately $34,000. Itau Unibanco Holding S.A. bought a new stake in D.R. Horton during the 4th quarter valued at approximately $43,000. Finally, Alpine Bank Wealth Management bought a new stake in D.R. Horton during the 1st quarter valued at approximately $61,000. Institutional investors own 90.63% of the company's stock.

Insider Activity

In related news, Director Michael R. Buchanan sold 2,150 shares of the business's stock in a transaction that occurred on Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total value of $274,555.00. Following the completion of the sale, the director directly owned 2,193 shares in the company, valued at approximately $280,046.10. The trade was a 49.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.54% of the company's stock.

Analyst Ratings Changes

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

D.R. Horton Price Performance

Shares of DHI traded up $0.75 during mid-day trading on Friday, reaching $169.66. The company had a trading volume of 2,338,261 shares, compared to its average volume of 3,948,654. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The company's 50-day moving average is $147.01 and its 200-day moving average is $132.38. The company has a market capitalization of $50.58 billion, a P/E ratio of 13.61, a P/E/G ratio of 3.59 and a beta of 1.34.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The company had revenue of $9.23 billion during the quarter, compared to analysts' expectations of $8.80 billion. During the same quarter in the previous year, the company posted $4.10 earnings per share. The business's revenue was down 7.4% on a year-over-year basis. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, equities analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Thursday, August 7th. D.R. Horton's payout ratio is 12.83%.

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.