D.R. Horton, Inc. (NYSE:DHI) was the recipient of unusually large options trading activity on Monday. Stock traders acquired 3,509 call options on the company. This represents an increase of 173% compared to the typical daily volume of 1,287 call options.

A number of analysts recently weighed in on the stock. Wells Fargo & Company restated an “outperform” rating and set a $41.00 target price (up from $39.00) on shares of D.R. Horton in a research note on Monday. Keefe, Bruyette & Woods restated a “buy” rating and set a $38.00 target price on shares of D.R. Horton in a research note on Tuesday, June 6th. BidaskClub upgraded shares of D.R. Horton from a “hold” rating to a “buy” rating in a research note on Thursday. Bank of America Corporation restated a “buy” rating and set a $42.00 target price (up from $41.00) on shares of D.R. Horton in a research note on Tuesday, June 27th. Finally, Mizuho assumed coverage on shares of D.R. Horton in a research note on Tuesday, May 16th. They set a “neutral” rating and a $32.00 target price on the stock. Five analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $35.97.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Benjamin F. Edwards & Company Inc. bought a new position in D.R. Horton during the first quarter worth about $117,000. V Wealth Management LLC bought a new position in D.R. Horton during the first quarter worth about $203,000. Pacer Advisors Inc. raised its position in D.R. Horton by 3.4% in the first quarter. Pacer Advisors Inc. now owns 6,082 shares of the construction company’s stock worth $203,000 after buying an additional 198 shares in the last quarter. Advisor Partners LLC bought a new position in D.R. Horton during the first quarter worth about $215,000. Finally, Courier Capital LLC bought a new position in D.R. Horton during the first quarter worth about $217,000. Institutional investors and hedge funds own 82.92% of the company’s stock.

Shares of D.R. Horton (NYSE DHI) traded up 3.86% during midday trading on Monday, hitting $37.17. The company had a trading volume of 15,457,259 shares. The company has a market cap of $13.96 billion, a price-to-earnings ratio of 14.47 and a beta of 1.25. The stock’s 50-day moving average price is $33.56 and its 200-day moving average price is $31.78. D.R. Horton has a 12 month low of $26.69 and a 12 month high of $37.43.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, April 20th. The construction company reported $0.60 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.59 by $0.01. D.R. Horton had a return on equity of 14.10% and a net margin of 7.38%. The business had revenue of $3.25 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter in the previous year, the firm posted $0.52 EPS. The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. On average, equities research analysts forecast that D.R. Horton will post $2.76 EPS for the current year.

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D.R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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