Quantbot Technologies LP Has $9.82 Million Stock Holdings in D.R. Horton, Inc. $DHI

Key Points

• Quantbot Technologies LP has increased its stake in D.R. Horton, Inc. by 45.8%, acquiring an additional 24,272 shares, bringing its total holdings to 77,247 shares valued at approximately $9.82 million.
• D.R. Horton recently reported $3.36 EPS for the quarter, exceeding estimates of $2.90, although revenues decreased by 7.4% compared to the same quarter last year.
• The company announced a quarterly dividend of $0.40 per share, with an annualized yield of 1.0% and a payout ratio of 12.83%.

Quantbot Technologies LP boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 45.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 77,247 shares of the construction company's stock after purchasing an additional 24,272 shares during the quarter. Quantbot Technologies LP's holdings in D.R. Horton were worth $9,820,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Edgestream Partners L.P. boosted its position in shares of D.R. Horton by 1,710.0% in the first quarter. Edgestream Partners L.P. now owns 107,587 shares of the construction company's stock valued at $13,678,000 after acquiring an additional 101,643 shares during the period. MQS Management LLC bought a new stake in shares of D.R. Horton in the first quarter valued at approximately $1,132,000. Leavell Investment Management Inc. boosted its position in shares of D.R. Horton by 19.8% in the first quarter. Leavell Investment Management Inc. now owns 3,326 shares of the construction company's stock valued at $423,000 after acquiring an additional 549 shares during the period. Exchange Traded Concepts LLC boosted its position in shares of D.R. Horton by 25.0% in the first quarter. Exchange Traded Concepts LLC now owns 2,555 shares of the construction company's stock valued at $325,000 after acquiring an additional 511 shares during the period. Finally, Bank Pictet & Cie Europe AG boosted its position in shares of 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 valued at $44,626,000 after acquiring an additional 5,052 shares during the period. 90.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DHI. Keefe, Bruyette & Woods increased their price objective on D.R. Horton from $135.00 to $161.00 and gave the company a "market perform" rating in a research report on Thursday, July 24th. Royal Bank Of Canada upped their target price on D.R. Horton from $105.00 to $117.00 and gave the company an "underperform" 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. Wedbush upped their target price on D.R. Horton from $155.00 to $170.00 and gave the company a "neutral" rating in a research note on Wednesday, July 23rd. Finally, UBS Group upped 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. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $153.23.

Insider Activity at D.R. Horton

In other news, Director Michael R. Buchanan sold 2,150 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $127.70, for a total transaction of $274,555.00. Following the sale, the director owned 2,193 shares in the company, valued at approximately $280,046.10. This represents a 49.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.54% of the company's stock.

D.R. Horton Price Performance

D.R. Horton stock traded up $8.8910 during mid-day trading on Friday, hitting $170.7610. 6,110,693 shares of the company were exchanged, compared to its average volume of 3,866,207. The company has a quick ratio of 1.19, a current ratio of 7.06 and a debt-to-equity ratio of 0.29. The business has a fifty day moving average of $142.34 and a 200 day moving average of $131.14. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The company has a market capitalization of $50.91 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 3.44 and a beta of 1.34.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. During the same period in the prior year, the company posted $4.10 earnings per share. The business's revenue for the quarter 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, sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Thursday, August 7th were issued a dividend of $0.40 per share. 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 dividend payout ratio is presently 12.83%.

D.R. Horton Company 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.