Two Sigma Investments LP Buys 832,358 Shares of D.R. Horton, Inc. (NYSE:DHI)

Two Sigma Investments LP boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 1,838.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 877,644 shares of the construction company's stock after acquiring an additional 832,358 shares during the quarter. Two Sigma Investments LP owned about 0.28% of D.R. Horton worth $122,712,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Tidal Investments LLC increased its stake in D.R. Horton by 15.3% during the fourth quarter. Tidal Investments LLC now owns 51,512 shares of the construction company's stock worth $7,202,000 after acquiring an additional 6,853 shares during the last quarter. Teza Capital Management LLC increased its stake in D.R. Horton by 319.5% during the fourth quarter. Teza Capital Management LLC now owns 30,911 shares of the construction company's stock worth $4,322,000 after acquiring an additional 23,543 shares during the last quarter. State of Wyoming bought a new stake in D.R. Horton during the fourth quarter worth approximately $308,000. Strive Asset Management LLC bought a new stake in D.R. Horton during the fourth quarter worth approximately $527,000. Finally, Shellback Capital LP bought a new stake in D.R. Horton during the fourth quarter worth approximately $3,496,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Up 1.9%

Shares of NYSE DHI opened at $125.68 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The firm has a market capitalization of $38.60 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 0.54 and a beta of 1.45. The stock has a 50 day moving average price of $124.52 and a 200 day moving average price of $138.51. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). The firm had revenue of $7.73 billion during the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same quarter in the previous year, the firm posted $3.52 EPS. 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 business also recently announced a quarterly dividend, which was paid on Friday, May 9th. Shareholders of record on Friday, May 2nd were issued a dividend of $0.40 per share. The ex-dividend date was Friday, May 2nd. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. D.R. Horton's dividend payout ratio is currently 12.11%.

Analyst Ratings Changes

Several research analysts have issued reports on DHI shares. Bank of America dropped their target price on 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 Keefe, Bruyette & Woods dropped their target price on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating for the company in a research report on Tuesday, April 22nd. The Goldman Sachs Group dropped their target price on D.R. Horton from $173.00 to $150.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. StockNews.com upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Finally, JPMorgan Chase & Co. dropped their target price on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a research report on Monday, April 21st. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $151.15.

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.

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