Russell Investments Group Ltd. Boosts Holdings in D.R. Horton, Inc. $DHI

Key Points

• Russell Investments Group Ltd. boosted its Q3 stake in D.R. Horton by 2.7% to 378,021 shares, valued at about $64.07 million (roughly 0.13% ownership).
• Berkshire Hathaway opened a sizable new position in D.R. Horton in Q2 worth approximately $191.5 million, and overall institutional ownership stands at about 90.6%.
• D.R. Horton beat quarterly EPS estimates ($2.03 vs. $1.98) while revenue fell 9.5% year‑over‑year to $6.89 billion; analysts’ consensus rating is a “Hold” with an average target of $159.93.

Russell Investments Group Ltd. boosted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 2.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 378,021 shares of the construction company's stock after buying an additional 9,807 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.13% of D.R. Horton worth $64,070,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Winnow Wealth LLC bought a new stake in D.R. Horton during the 3rd quarter valued at approximately $960,000. Berkshire Hathaway Inc purchased a new position in D.R. Horton in the 2nd quarter worth approximately $191,491,000. Mediolanum International Funds Ltd boosted its stake in D.R. Horton by 96.6% in the 3rd quarter. Mediolanum International Funds Ltd now owns 151,153 shares of the construction company's stock worth $25,670,000 after purchasing an additional 74,266 shares during the period. Arete Wealth Advisors LLC purchased a new stake in D.R. Horton during the 3rd quarter valued at approximately $946,000. Finally, Trinity Street Asset Management LLP purchased a new stake in D.R. Horton during the 3rd quarter valued at approximately $25,140,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DHI shares. Evercore boosted their target price on shares of D.R. Horton from $167.00 to $169.00 and gave the stock an "in-line" rating in a report on Wednesday, January 21st. Citizens Jmp reaffirmed a "market perform" rating on shares of D.R. Horton in a research note on Wednesday, January 7th. Wells Fargo & Company reiterated an "equal weight" rating and issued a $155.00 price target (down from $180.00) on shares of D.R. Horton in a report on Tuesday, January 6th. UBS Group set a $163.00 price target on shares of D.R. Horton in a research note on Tuesday, January 27th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of D.R. Horton in a report on Monday, December 29th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, D.R. Horton currently has a consensus rating of "Hold" and an average target price of $159.93.

Insider Activity at D.R. Horton

In other news, SVP Aron M. Odom sold 260 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $167.55, for a total value of $43,563.00. Following the sale, the senior vice president directly owned 6,457 shares in the company, valued at $1,081,870.35. The trade was a 3.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.66% of the stock is owned by insiders.

D.R. Horton Stock Down 1.6%

Shares of DHI opened at $145.27 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 6.63 and a quick ratio of 0.98. The stock has a market capitalization of $42.09 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 2.28 and a beta of 1.43. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The business's 50 day simple moving average is $155.15 and its 200-day simple moving average is $156.97.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, beating analysts' consensus estimates of $1.98 by $0.05. D.R. Horton had a net margin of 9.95% and a return on equity of 13.51%. The firm had revenue of $6.89 billion during the quarter, compared to analyst estimates of $6.66 billion. During the same period last year, the firm posted $2.61 earnings per share. D.R. Horton's revenue for the quarter was down 9.5% compared to the same quarter last year. As a group, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton's dividend payout ratio (DPR) is presently 16.35%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company's core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.

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