Sunbelt Securities Inc. Grows Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Sunbelt Securities Inc. boosted its position in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 110.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,885 shares of the construction company's stock after buying an additional 3,619 shares during the quarter. Sunbelt Securities Inc.'s holdings in D.R. Horton were worth $961,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in DHI. Nemes Rush Group LLC lifted its position in shares of D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares during the period. Golden State Wealth Management LLC bought a new position in shares of D.R. Horton in the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of D.R. Horton in the 4th quarter valued at approximately $38,000. Sierra Ocean LLC purchased a new stake in D.R. Horton in the fourth quarter worth $43,000. Finally, Itau Unibanco Holding S.A. bought a new position in D.R. Horton in the fourth quarter worth $43,000. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Upgrades and Downgrades

DHI has been the subject of a number of recent research reports. Wall Street Zen raised shares of D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd. JMP Securities reduced their target price on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating for the company in a report on Monday, April 21st. Bank of America cut their price objective on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, The Goldman Sachs Group dropped their price objective on shares of D.R. Horton from $173.00 to $150.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $151.15.

D.R. Horton Price Performance

DHI stock traded up $0.27 during trading on Thursday, hitting $117.66. The stock had a trading volume of 969,740 shares, compared to its average volume of 2,993,940. The company's 50-day moving average price is $123.24 and its two-hundred day moving average price is $136.24. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $199.85. The stock has a market capitalization of $36.14 billion, a P/E ratio of 8.31, a PEG ratio of 0.54 and a beta of 1.45. 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 (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 firm had revenue of $7.73 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same period in the prior year, the company posted $3.52 earnings per share. As a group, research analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

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

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.