D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC raised its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 480.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,259 shares of the construction company's stock after purchasing an additional 5,180 shares during the period. Nebula Research & Development LLC's holdings in D.R. Horton were worth $875,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC boosted its holdings in D.R. Horton by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,235,518 shares of the construction company's stock worth $1,009,077,000 after buying an additional 127,606 shares during the last quarter. Norges Bank purchased a new stake in shares of D.R. Horton during the fourth quarter worth approximately $593,363,000. Franklin Resources Inc. raised its stake in D.R. Horton by 71.5% in the 4th quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock valued at $499,774,000 after purchasing an additional 1,490,648 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in D.R. Horton by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,475,995 shares of the construction company's stock valued at $485,984,000 after purchasing an additional 72,161 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in D.R. Horton by 34.0% during the 4th quarter. First Trust Advisors LP now owns 2,133,159 shares of the construction company's stock worth $298,258,000 after purchasing an additional 540,737 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DHI. Bank of America decreased 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 research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 JMP Securities decreased their target price on shares of D.R. Horton from $210.00 to $180.00 and set a "market outperform" rating on the stock in a research note 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 for the company in a research report on Tuesday, April 15th. JPMorgan Chase & Co. reduced their price objective on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating on the stock in a research report on Monday, April 21st. Finally, Barclays lowered their price objective on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a research note on Monday, April 21st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $151.15.

D.R. Horton Trading Down 0.6 %

Shares of D.R. Horton stock traded down $0.82 on Thursday, reaching $125.53. The company had a trading volume of 2,549,615 shares, compared to its average volume of 2,947,571. 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 cap of $38.56 billion, a PE ratio of 8.87, a PEG ratio of 0.54 and a beta of 1.61. The firm's 50 day moving average price is $125.78 and its two-hundred day moving average price is $143.89. 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 released its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 EPS for the quarter, missing the consensus estimate of $2.69 by ($0.11). The firm had revenue of $7.73 billion for the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. During the same quarter in the prior year, the business earned $3.52 earnings per share. Sell-side analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be given a dividend of $0.40 per share. The ex-dividend date is Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. D.R. Horton's dividend payout ratio is presently 12.11%.

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.