60,000 Shares in D.R. Horton, Inc. (NYSE:DHI) Purchased by Voss Capital LP

Voss Capital LP acquired a new position in D.R. Horton, Inc. (NYSE:DHI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 60,000 shares of the construction company's stock, valued at approximately $8,389,000. D.R. Horton accounts for 0.6% of Voss Capital LP's investment portfolio, making the stock its 29th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new position in shares of D.R. Horton during the 4th quarter valued at approximately $593,363,000. Franklin Resources Inc. boosted its position in shares of D.R. Horton by 71.5% in the fourth quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock worth $499,774,000 after purchasing an additional 1,490,648 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of D.R. Horton in the fourth quarter worth $98,720,000. Renaissance Technologies LLC raised its position in shares of D.R. Horton by 676.4% during the 4th quarter. Renaissance Technologies LLC now owns 756,538 shares of the construction company's stock valued at $105,779,000 after purchasing an additional 659,100 shares during the period. Finally, Amundi lifted its stake in shares of D.R. Horton by 69.1% during the 4th quarter. Amundi now owns 1,358,213 shares of the construction company's stock valued at $190,014,000 after buying an additional 555,122 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company's stock.

Analyst Ratings Changes

DHI has been the topic of a number of recent analyst reports. Wedbush reissued a "neutral" rating and set a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. Keefe, Bruyette & Woods lowered their price target on D.R. Horton from $165.00 to $135.00 and set a "market perform" rating on the stock in a report on Tuesday. Royal Bank of Canada cut their price objective on shares of D.R. Horton from $125.00 to $105.00 and set an "underperform" rating for the company in a report on Monday, April 21st. StockNews.com downgraded shares of D.R. Horton from a "hold" rating to a "sell" rating in a report on Tuesday. Finally, Bank of America cut their target price on shares of D.R. Horton from $150.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, April 17th. Softer demand and elevated incentives impacting outlook through H2 2025 Three investment analysts have rated the stock with a sell rating, six have issued a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $151.15.

D.R. Horton Trading Down 1.1 %

DHI stock traded down $1.35 during midday trading on Friday, reaching $124.69. 3,588,150 shares of the company traded hands, compared to its average volume of 2,946,110. The firm has a market capitalization of $38.30 billion, a price-to-earnings ratio of 8.81, a P/E/G ratio of 0.54 and a beta of 1.61. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $199.85. The business has a 50 day moving average of $125.87 and a 200-day moving average of $145.10. 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 EPS for the quarter, missing the consensus estimate 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 analysts' expectations of $8.07 billion. During the same period in the previous year, the firm earned $3.52 earnings per share. As a group, sell-side analysts expect 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 declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Friday, May 2nd will be issued a $0.40 dividend. The ex-dividend date is Friday, May 2nd. This represents a $1.60 annualized dividend and a dividend yield of 1.28%. D.R. Horton's payout ratio is 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.