9,145 Shares in D.R. Horton, Inc. (NYSE:DHI) Acquired by Choreo LLC

Choreo LLC bought a new stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,145 shares of the construction company's stock, valued at approximately $1,390,000.

Other institutional investors have also modified their holdings of the company. BluePath Capital Management LLC acquired a new position in D.R. Horton during the third quarter worth $33,000. Oakworth Capital Inc. acquired a new position in D.R. Horton during the fourth quarter worth $38,000. First Pacific Financial acquired a new position in D.R. Horton during the third quarter worth $41,000. Silver Oak Securities Incorporated acquired a new position in D.R. Horton during the third quarter worth $43,000. Finally, JFS Wealth Advisors LLC grew its holdings in D.R. Horton by 85.8% in the third quarter. JFS Wealth Advisors LLC now owns 420 shares of the construction company's stock valued at $45,000 after purchasing an additional 194 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on DHI shares. Keefe, Bruyette & Woods lowered their target price on D.R. Horton from $175.00 to $172.00 and set an "outperform" rating on the stock in a report on Wednesday, January 24th. The Goldman Sachs Group increased their target price on D.R. Horton from $150.00 to $173.00 and gave the stock a "buy" rating in a research report on Thursday, January 11th. BTIG Research cut their price objective on D.R. Horton from $174.00 to $169.00 and set a "buy" rating on the stock in a report on Tuesday, April 16th. JMP Securities increased their target price on D.R. Horton from $140.00 to $170.00 and gave the company a "market outperform" rating in a research note on Wednesday, January 24th. Finally, Jefferies Financial Group raised their price objective on D.R. Horton from $141.00 to $153.00 and gave the company a "hold" rating in a research note on Friday, April 19th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $158.06.

D.R. Horton Stock Down 0.0 %

Shares of DHI stock traded down $0.01 on Wednesday, reaching $142.48. 1,957,314 shares of the company were exchanged, compared to its average volume of 2,552,762. The company has a market cap of $46.92 billion, a price-to-earnings ratio of 9.70, a PEG ratio of 0.72 and a beta of 1.64. The company has a 50-day moving average of $152.07 and a 200-day moving average of $141.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. D.R. Horton, Inc. has a one year low of $100.08 and a one year high of $165.75.

D.R. Horton (NYSE:DHI - Get Free Report) last issued its quarterly earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.08 by $0.44. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The company had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. During the same quarter last year, the business posted $2.73 EPS. D.R. Horton's quarterly revenue was up 14.2% compared to the same quarter last year. Analysts anticipate that D.R. Horton, Inc. will post 14.32 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.84%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton's payout ratio is 8.17%.

Insider Buying and Selling at D.R. Horton

In other news, Director Barbara K. Allen sold 449 shares of the firm's stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction of $67,076.11. Following the sale, the director now owns 5,650 shares in the company, valued at approximately $844,053.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In other D.R. Horton news, Director Barbara K. Allen sold 363 shares of the business's stock in a transaction dated Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total value of $53,890.98. Following the transaction, the director now owns 5,650 shares in the company, valued at $838,799. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Barbara K. Allen sold 449 shares of the business's stock in a transaction dated Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction 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 disclosure for this sale can be found here. Insiders sold a total of 25,812 shares of company stock valued at $4,029,217 in the last three months. Company insiders own 1.74% of the company's stock.

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.