Oxford Asset Management LLP Has $776,000 Stake in D.R. Horton, Inc. (NYSE:DHI)

Oxford Asset Management LLP raised its holdings in shares of D.R. Horton, Inc. (NYSE:DHI - Free Report) by 122.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,549 shares of the construction company's stock after acquiring an additional 3,058 shares during the period. Oxford Asset Management LLP's holdings in D.R. Horton were worth $776,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Nemes Rush Group LLC raised its holdings in D.R. Horton by 74.5% in the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock worth $27,000 after purchasing an additional 82 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in D.R. Horton during the 4th quarter valued at about $30,000. Rosenberg Matthew Hamilton lifted its position in D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company's stock valued at $38,000 after acquiring an additional 165 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in D.R. Horton in the 4th quarter worth about $38,000. Finally, Sierra Ocean LLC bought a new position in D.R. Horton during the fourth quarter valued at approximately $43,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Trading Up 1.3 %

Shares of DHI traded up $1.67 during midday trading on Wednesday, hitting $126.42. The stock had a trading volume of 2,748,133 shares, compared to its average volume of 3,799,726. The business has a 50-day simple moving average of $125.77 and a two-hundred day simple moving average of $144.01. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The firm has a market cap of $38.83 billion, a P/E ratio of 8.93, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85.

D.R. Horton (NYSE:DHI - Get Free Report) last announced its 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 net margin of 12.69% and a return on equity of 18.48%. The business 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 earned $3.52 EPS. As a group, equities analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

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

Wall Street Analyst Weigh In

DHI has been the topic of a number of recent research reports. Barclays decreased their target price on D.R. Horton from $120.00 to $110.00 and set an "equal weight" rating on the stock in a report on Monday, April 21st. Wedbush reiterated a "neutral" rating and issued a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. UBS Group dropped their price target on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating for the company in a research note on Wednesday, January 8th. Royal Bank of Canada lowered their target price on shares of 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. Finally, JPMorgan Chase & Co. dropped their price target 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. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, D.R. Horton currently has an average rating of "Hold" and a consensus target price of $151.15.

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.