United Capital Financial Advisors LLC Takes Position in D.R. Horton, Inc. $DHI

Key Points

• United Capital Financial Advisors acquired 25,499 shares of D.R. Horton during the second quarter, valued at approximately $4.15 million. Institutional investors collectively own 90.63% of the company’s outstanding stock.
• D.R. Horton reported quarterly EPS of $3.20, exceeding analysts’ $3.02 estimate, while revenue reached $9.23 billion versus expectations of $9.10 billion.
• The company maintains a quarterly dividend of $0.45, or $1.80 annually, yielding about 1.2%. Analysts remain broadly cautious, with a consensus “Hold” rating and an average price target of $166.92.

United Capital Financial Advisors LLC bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 25,499 shares of the construction company's stock, valued at approximately $4,153,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new position in shares of D.R. Horton in the fourth quarter valued at approximately $25,000. Fiduciary Financial Advisors purchased a new stake in shares of D.R. Horton during the second quarter worth approximately $25,000. Caitlin John LLC purchased a new stake in shares of D.R. Horton during the second quarter worth approximately $25,000. Osbon Capital Management LLC acquired a new position in D.R. Horton in the 4th quarter valued at $26,000. Finally, Wilkerson Advisory Group LLC purchased a new position in D.R. Horton in the 4th quarter valued at $30,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $147.58 on Friday. The firm has a market cap of $41.28 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 2.31 and a beta of 1.37. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a 52 week low of $131.75 and a 52 week high of $184.54. The business's fifty day simple moving average is $151.06 and its 200-day simple moving average is $149.52.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.02 by $0.18. The firm had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company's quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company earned $3.36 EPS. Equities analysts forecast that D.R. Horton, Inc. will post 10.46 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 13th. Stockholders of record on Thursday, August 6th 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, August 6th. D.R. Horton's payout ratio is 17.13%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on DHI shares. The Goldman Sachs Group reiterated a "buy" rating on shares of D.R. Horton in a research report on Tuesday, July 21st. Barclays raised their target price on D.R. Horton from $140.00 to $141.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 14th. Keefe, Bruyette & Woods lowered their price target on shares of D.R. Horton from $175.00 to $167.00 and set a "market perform" rating on the stock in a research report on Wednesday, July 22nd. BTIG Research set a $184.00 price objective on shares of D.R. Horton in a report on Wednesday, July 22nd. Finally, Citigroup restated a "neutral" rating on shares of D.R. Horton in a research report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $166.92.

D.R. Horton 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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