Siemens Fonds Invest GmbH Buys 11,158 Shares of D.R. Horton, Inc. (NYSE:DHI)

Siemens Fonds Invest GmbH grew its position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 190.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,032 shares of the construction company's stock after acquiring an additional 11,158 shares during the quarter. Siemens Fonds Invest GmbH's holdings in D.R. Horton were worth $2,381,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Equity Partners increased its holdings in shares of D.R. Horton by 435.6% during the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock valued at $545,000 after acquiring an additional 3,171 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased 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 in the last quarter. Swedbank AB grew its holdings in D.R. Horton by 27.0% during the fourth quarter. Swedbank AB now owns 427,045 shares of the construction company's stock worth $59,709,000 after buying an additional 90,776 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in D.R. Horton by 82.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company's stock worth $36,306,000 after buying an additional 119,392 shares in the last quarter. Finally, Vontobel Holding Ltd. grew its holdings in D.R. Horton by 52.9% during the fourth quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company's stock worth $2,319,000 after buying an additional 5,736 shares in the last quarter. Institutional investors own 90.63% of the company's stock.

D.R. Horton Stock Performance

Shares of DHI stock traded down $0.32 on Friday, hitting $117.95. 4,305,130 shares of the stock were exchanged, compared to its average volume of 3,019,151. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $36.23 billion, a PE ratio of 8.34, a P/E/G ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The firm's 50 day moving average is $122.99 and its two-hundred day moving average is $135.90.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate 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 quarter in the previous year, the company posted $3.52 EPS. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a dividend of $0.40 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.36%. D.R. Horton's payout ratio is 12.11%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on DHI shares. Royal Bank of Canada decreased their price target on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a report on Monday, April 21st. The Goldman Sachs Group decreased their price target on D.R. Horton from $173.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Barclays decreased their price target on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating for the company in a report on Monday, April 21st. Keefe, Bruyette & Woods decreased their price target on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Finally, Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a report on Thursday, March 6th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $151.15.

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.