USS Investment Management Ltd Trims Holdings in D.R. Horton, Inc. (NYSE:DHI)

USS Investment Management Ltd lowered its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 22.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 58,681 shares of the construction company's stock after selling 16,551 shares during the quarter. USS Investment Management Ltd's holdings in D.R. Horton were worth $8,204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Golden State Equity Partners lifted its holdings in shares of D.R. Horton by 435.6% in the fourth quarter. Golden State Equity Partners now owns 3,899 shares of the construction company's stock valued at $545,000 after purchasing an additional 3,171 shares in the last quarter. U.S. Capital Wealth Advisors LLC raised its position in D.R. Horton by 15.5% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 14,916 shares of the construction company's stock valued at $2,086,000 after buying an additional 2,003 shares during the last quarter. Swedbank AB lifted its stake in D.R. Horton by 27.0% during the 4th quarter. Swedbank AB now owns 427,045 shares of the construction company's stock valued at $59,709,000 after acquiring an additional 90,776 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in D.R. Horton by 82.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 263,515 shares of the construction company's stock worth $36,306,000 after acquiring an additional 119,392 shares during the last quarter. Finally, Vontobel Holding Ltd. boosted its holdings in D.R. Horton by 52.9% during the 4th quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company's stock worth $2,319,000 after acquiring an additional 5,736 shares during the last quarter. Institutional investors own 90.63% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on DHI. Bank of America cut their price target on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating on the stock in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wall Street Zen upgraded D.R. Horton from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. JPMorgan Chase & Co. decreased their price target 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. The Goldman Sachs Group dropped their price target on D.R. Horton from $173.00 to $150.00 and set a "buy" rating on the stock in a report on Tuesday, April 15th. Finally, Royal Bank of Canada reduced their price objective on D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a research note on Monday, April 21st. Two investment 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 stock. According to MarketBeat.com, D.R. Horton currently has an average rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Stock Performance

Shares of DHI traded up $1.80 during mid-day trading on Tuesday, hitting $120.45. The stock had a trading volume of 705,715 shares, compared to its average volume of 2,985,326. The firm has a market cap of $37.00 billion, a P/E ratio of 8.52, a PEG ratio of 0.54 and a beta of 1.45. The business has a fifty day moving average price of $123.66 and a 200-day moving average price of $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 52 week low of $110.44 and a 52 week high of $199.85.

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). D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.73 billion for the quarter, compared to the consensus estimate of $8.07 billion. During the same quarter in the previous year, the company posted $3.52 EPS. On average, equities research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

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

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.