D.R. Horton, Inc. (NYSE:DHI) Stock Holdings Increased by TCG Advisory Services LLC

TCG Advisory Services LLC increased its stake in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 16.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,700 shares of the construction company's stock after acquiring an additional 6,919 shares during the period. TCG Advisory Services LLC's holdings in D.R. Horton were worth $7,553,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DHI. Exchange Traded Concepts LLC grew its holdings in D.R. Horton by 7,293.3% during the third quarter. Exchange Traded Concepts LLC now owns 3,327 shares of the construction company's stock worth $358,000 after acquiring an additional 3,282 shares during the period. Commonwealth Equity Services LLC grew its holdings in D.R. Horton by 13.3% during the third quarter. Commonwealth Equity Services LLC now owns 32,550 shares of the construction company's stock worth $3,498,000 after acquiring an additional 3,811 shares during the period. Cambridge Investment Research Advisors Inc. grew its holdings in D.R. Horton by 15.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 43,583 shares of the construction company's stock worth $4,684,000 after acquiring an additional 5,851 shares during the period. Raymond James & Associates grew its holdings in D.R. Horton by 40.4% during the third quarter. Raymond James & Associates now owns 445,511 shares of the construction company's stock worth $47,879,000 after acquiring an additional 128,186 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its position in D.R. Horton by 29.4% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 125,450 shares of the construction company's stock worth $13,482,000 after purchasing an additional 28,526 shares in the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other D.R. Horton news, Director Barbara K. Allen sold 363 shares of the firm's stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total transaction of $53,890.98. Following the completion of the sale, the director now owns 5,650 shares of the company's stock, valued at $838,799. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 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 $844,053.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Barbara K. Allen sold 363 shares of D.R. Horton stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total value of $53,890.98. Following the completion of the sale, the director now directly owns 5,650 shares of the company's stock, valued at $838,799. 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 over the last quarter. 1.74% of the stock is owned by insiders.

D.R. Horton Trading Up 2.1 %

D.R. Horton stock traded up $3.02 during trading on Friday, reaching $148.48. 3,134,157 shares of the company were exchanged, compared to its average volume of 2,607,539. D.R. Horton, Inc. has a 52-week low of $100.08 and a 52-week high of $165.75. The company has a market capitalization of $48.90 billion, a P/E ratio of 10.11, a PEG ratio of 0.73 and a beta of 1.66. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. The stock's 50 day simple moving average is $152.09 and its two-hundred day simple moving average is $142.01.

D.R. Horton (NYSE:DHI - Get Free Report) last posted its 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. The company had revenue of $9.11 billion during the quarter, compared to analysts' expectations of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The firm's quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the firm earned $2.73 earnings per share. On average, equities research analysts expect that D.R. Horton, Inc. will post 14.31 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.30 per share. The ex-dividend date is Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 0.81%. D.R. Horton's dividend payout ratio (DPR) is 8.17%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Raymond James increased their price target on D.R. Horton from $140.00 to $160.00 and gave the stock an "outperform" rating in a research report on Thursday, February 1st. Royal Bank of Canada lowered their price target on D.R. Horton from $142.00 to $141.00 and set an "underperform" rating on the stock in a research report on Friday, April 19th. Keefe, Bruyette & Woods lowered their price target on D.R. Horton from $175.00 to $172.00 and set an "outperform" rating on the stock in a research report on Wednesday, January 24th. Citigroup increased their price target on D.R. Horton from $166.00 to $191.00 and gave the stock a "buy" rating in a research report on Friday, April 5th. Finally, Jefferies Financial Group increased their price target on D.R. Horton from $141.00 to $153.00 and gave the stock a "hold" rating in a research report on Friday, April 19th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $158.06.

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.