Yousif Capital Management LLC Grows Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Yousif Capital Management LLC increased its holdings in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 15.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,262 shares of the construction company's stock after buying an additional 6,906 shares during the quarter. Yousif Capital Management LLC's holdings in D.R. Horton were worth $7,943,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DHI. AE Wealth Management LLC lifted its position in D.R. Horton by 40.5% in the third quarter. AE Wealth Management LLC now owns 11,867 shares of the construction company's stock worth $1,275,000 after purchasing an additional 3,418 shares during the period. DAVENPORT & Co LLC lifted its position in shares of D.R. Horton by 4.3% during the 3rd quarter. DAVENPORT & Co LLC now owns 7,442 shares of the construction company's stock valued at $800,000 after acquiring an additional 305 shares during the last quarter. Exchange Traded Concepts LLC lifted its position in shares of D.R. Horton by 7,293.3% during the 3rd quarter. Exchange Traded Concepts LLC now owns 3,327 shares of the construction company's stock valued at $358,000 after acquiring an additional 3,282 shares during the last quarter. Caprock Group LLC lifted its position in shares of D.R. Horton by 2.7% during the 3rd quarter. Caprock Group LLC now owns 4,884 shares of the construction company's stock valued at $525,000 after acquiring an additional 127 shares during the last quarter. Finally, Oak Thistle LLC acquired a new stake in shares of D.R. Horton during the 3rd quarter valued at $398,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DHI has been the subject of a number of recent research reports. Wedbush reiterated an "underperform" rating and set a $130.00 price objective on shares of D.R. Horton in a research report on Thursday, April 18th. Citigroup increased their target price on D.R. Horton from $166.00 to $191.00 and gave the company a "buy" rating in a report on Friday, April 5th. The Goldman Sachs Group increased their target price on D.R. Horton from $150.00 to $173.00 and gave the company a "buy" rating in a report on Thursday, January 11th. Bank of America reduced their target price on D.R. Horton from $182.00 to $168.00 and set a "buy" rating for the company in a report on Friday, April 19th. Finally, Raymond James upped their price target on shares of D.R. Horton from $140.00 to $160.00 and gave the stock an "outperform" rating in a research note on Thursday, February 1st. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, D.R. Horton presently has an average rating of "Moderate Buy" and a consensus price target of $158.06.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 449 shares of D.R. Horton stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at approximately $844,053.50. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Barbara K. Allen sold 449 shares of D.R. Horton stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the completion of the sale, the director now directly owns 5,650 shares of the company's stock, valued at approximately $844,053.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Barbara K. Allen sold 1,748 shares of D.R. Horton stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the completion of the sale, the director now directly owns 5,650 shares of the company's stock, valued at $809,419. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,560 shares of company stock worth $4,279,636. 1.74% of the stock is currently owned by insiders.

D.R. Horton Price Performance

DHI traded down $1.92 during trading on Thursday, hitting $144.20. The company's stock had a trading volume of 2,261,838 shares, compared to its average volume of 2,579,360. The firm's 50 day moving average price is $151.91 and its two-hundred day moving average price is $139.83. The company has a quick ratio of 1.38, a current ratio of 7.35 and a debt-to-equity ratio of 0.24. D.R. Horton, Inc. has a 12 month low of $100.08 and a 12 month high of $165.75. The stock has a market capitalization of $47.85 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 0.73 and a beta of 1.64.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $8.15 billion. During the same quarter in the previous year, the company posted $2.73 EPS. The business's revenue for the quarter was up 14.2% compared to the same quarter last year. Sell-side analysts forecast that D.R. Horton, Inc. will post 14.27 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be given a $0.30 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 0.83%. D.R. Horton's payout ratio is 8.17%.

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.