2,205 Shares in D.R. Horton, Inc. (NYSE:DHI) Acquired by State of Wyoming

State of Wyoming acquired a new stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,205 shares of the construction company's stock, valued at approximately $308,000.

Several other large investors have also made changes to their positions in the business. Nemes Rush Group LLC boosted its holdings in D.R. Horton by 74.5% during the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after buying an additional 82 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in D.R. Horton during the fourth quarter worth $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in D.R. Horton during the fourth quarter worth $38,000. Sierra Ocean LLC purchased a new stake in D.R. Horton during the fourth quarter worth $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in D.R. Horton during the fourth quarter worth $43,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Up 1.3%

Shares of NYSE DHI traded up $1.48 during midday trading on Tuesday, hitting $120.13. The company's stock had a trading volume of 470,238 shares, compared to its average volume of 2,984,683. The business's fifty day simple moving average is $123.66 and its two-hundred day simple moving average is $136.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $199.85. The firm has a market capitalization of $36.90 billion, a price-to-earnings ratio of 8.50, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The business had revenue of $7.73 billion during the quarter, compared to analysts' expectations of $8.07 billion. During the same period in the previous year, the business posted $3.52 EPS. On average, equities analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 9th. Stockholders of record on Friday, May 2nd were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.33%. The ex-dividend date was Friday, May 2nd. D.R. Horton's payout ratio is 12.11%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on DHI shares. Royal Bank of Canada decreased their price objective on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating on the stock in a report on Monday, April 21st. The Goldman Sachs Group decreased their price objective on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a report on Tuesday, May 13th. Barclays decreased their price objective on shares of D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Finally, Bank of America reduced their target price on shares of 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 Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, D.R. Horton presently has a consensus rating of "Hold" and a consensus target price of $151.15.

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.