Voleon Capital Management LP Purchases Shares of 14,131 D.R. Horton, Inc. (NYSE:DHI)

Voleon Capital Management LP purchased a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 14,131 shares of the construction company's stock, valued at approximately $1,976,000.

A number of other institutional investors have also recently added to or reduced their stakes in DHI. Allworth Financial LP boosted its stake in shares of D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company's stock worth $229,000 after acquiring an additional 82 shares in the last quarter. Nemes Rush Group LLC grew its holdings in shares of D.R. Horton by 74.5% during the 4th quarter. Nemes Rush Group LLC now owns 192 shares of the construction company's stock valued at $27,000 after acquiring an additional 82 shares in the last quarter. Secure Asset Management LLC increased its position in D.R. Horton by 4.8% in the 4th quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company's stock worth $257,000 after purchasing an additional 84 shares during the last quarter. Horizon Investments LLC raised its position in D.R. Horton by 1.7% during the fourth quarter. Horizon Investments LLC now owns 5,503 shares of the construction company's stock valued at $767,000 after acquiring an additional 91 shares in the last quarter. Finally, Bfsg LLC raised its holdings in shares of D.R. Horton by 24.4% during the 4th quarter. Bfsg LLC now owns 484 shares of the construction company's stock valued at $68,000 after purchasing an additional 95 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Stock Down 1.9 %

NYSE DHI traded down $2.42 on Tuesday, reaching $123.25. The company had a trading volume of 722,718 shares, compared to its average volume of 2,943,225. The company's fifty day moving average is $125.60 and its 200-day moving average is $141.88. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The firm has a market capitalization of $37.86 billion, a price-to-earnings ratio of 8.72, a price-to-earnings-growth 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 posted its quarterly earnings data 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 firm 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 business posted $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 fiscal year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.30%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton's dividend payout ratio (DPR) is currently 12.11%.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of recent analyst reports. Seaport Res Ptn upgraded D.R. Horton from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 6th. JPMorgan Chase & Co. dropped their price objective on D.R. Horton from $132.00 to $111.00 and set an "underweight" rating for the company in a research note on Monday, April 21st. Wells Fargo & Company reduced their price target on shares of D.R. Horton from $175.00 to $160.00 and set an "overweight" rating on the stock in a research report on Monday, April 14th. Bank of America dropped their target price on D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research report on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Finally, UBS Group lowered their target price on shares of D.R. Horton from $214.00 to $203.00 and set a "buy" rating for the company in a report on Wednesday, January 8th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $151.15.

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.