D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH raised its stake in D.R. Horton, Inc. (NYSE:DHI - Free Report) by 190.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,032 shares of the construction company's stock after acquiring an additional 11,158 shares during the period. Siemens Fonds Invest GmbH's holdings in D.R. Horton were worth $2,381,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of DHI. Nemes Rush Group LLC raised its position in shares of 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 acquiring an additional 82 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of D.R. Horton in the fourth quarter valued at approximately $30,000. Kohmann Bosshard Financial Services LLC acquired a new stake in D.R. Horton during the fourth quarter worth $38,000. Sierra Ocean LLC acquired a new stake in shares of D.R. Horton in the fourth quarter valued at $43,000. Finally, Itau Unibanco Holding S.A. purchased a new position in D.R. Horton in the fourth quarter valued at $43,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DHI shares. Bank of America reduced their target price on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Wells Fargo & Company decreased their price target on D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a research note on Monday, April 14th. JMP Securities decreased their price target on 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. StockNews.com raised D.R. Horton from a "sell" rating to a "hold" rating in a research note on Tuesday, May 13th. Finally, BTIG Research reduced their price target on D.R. Horton from $171.00 to $150.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Their comments are based on a broader research note on Homebuilders ahead of the industry’s start of the earnings season. The firm is projecting a 7% decline in U.S. new home sales and a 27% average decline in earnings due to lower consumer confidence as a result of heightened uncertainty about the future in terms of both income/job security and cost of living along with still-relatively high interest rates. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, D.R. Horton currently has an average rating of "Hold" and a consensus target price of $151.15.

D.R. Horton Stock Down 1.9%

Shares of D.R. Horton stock traded down $2.36 during trading hours on Tuesday, reaching $122.57. The company's stock had a trading volume of 1,973,304 shares, compared to its average volume of 2,975,667. D.R. Horton, Inc. has a one year low of $110.44 and a one year high of $199.85. The stock's fifty day simple moving average is $124.44 and its two-hundred day simple moving average is $138.21. The company has a market capitalization of $37.65 billion, a P/E ratio of 8.66, a P/E/G ratio of 0.54 and a beta of 1.45. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92.

D.R. Horton (NYSE:DHI - Get Free Report) last released its quarterly earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.69 by ($0.11). D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.73 billion during the quarter, compared to the consensus estimate of $8.07 billion. During the same period in the previous year, the company earned $3.52 earnings per share. On average, research analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, May 2nd. This represents a $1.60 annualized dividend and a yield of 1.31%. D.R. Horton's payout ratio is presently 12.11%.

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.