D. R. Horton (NYSE:DHI) was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued on Thursday, The Fly reports.

DHI has been the subject of a number of other research reports. BidaskClub downgraded shares of D. R. Horton from a “hold” rating to a “sell” rating in a research report on Wednesday, August 23rd. Bank of America raised their price target on shares of D. R. Horton from $43.00 to $55.00 and gave the stock a “buy” rating in a research report on Friday, October 6th. UBS initiated coverage on shares of D. R. Horton in a research report on Wednesday, October 25th. They set a “buy” rating and a $50.00 price target for the company. KeyCorp raised their price target on shares of D. R. Horton from $41.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday, October 20th. Finally, Barclays raised their price target on shares of D. R. Horton from $34.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $44.06.

Shares of D. R. Horton (NYSE DHI) traded up $0.45 during trading hours on Thursday, reaching $50.16. 3,927,734 shares of the company’s stock traded hands, compared to its average volume of 4,047,778. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.93 and a quick ratio of 1.02. D. R. Horton has a one year low of $27.21 and a one year high of $51.53. The firm has a market capitalization of $18,841.90, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 1.42 and a beta of 1.32.

D. R. Horton (NYSE:DHI) last released its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 earnings per share for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.04). D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4 billion. During the same period in the previous year, the business posted $0.75 EPS. The firm’s quarterly revenue was up 11.4% compared to the same quarter last year. equities research analysts anticipate that D. R. Horton will post 3.22 EPS for the current year.

In other D. R. Horton news, COO Michael J. Murray sold 7,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $48.23, for a total value of $337,610.00. Following the sale, the chief operating officer now directly owns 56,304 shares in the company, valued at $2,715,541.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Bill W. Wheat sold 19,677 shares of the firm’s stock in a transaction on Friday, November 24th. The shares were sold at an average price of $49.65, for a total value of $976,963.05. Following the completion of the sale, the chief financial officer now owns 100,081 shares in the company, valued at $4,969,021.65. The disclosure for this sale can be found here. Insiders sold 51,677 shares of company stock worth $2,262,873 over the last quarter. 7.20% of the stock is currently owned by company insiders.

A number of hedge funds have recently bought and sold shares of DHI. Mckinley Capital Management LLC Delaware bought a new stake in shares of D. R. Horton during the second quarter valued at about $100,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of D. R. Horton during the first quarter valued at about $117,000. Invictus RG raised its stake in shares of D. R. Horton by 84.7% during the first quarter. Invictus RG now owns 3,508 shares of the construction company’s stock valued at $106,000 after purchasing an additional 1,609 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of D. R. Horton by 179.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,591 shares of the construction company’s stock valued at $124,000 after purchasing an additional 2,306 shares in the last quarter. Finally, MCF Advisors LLC raised its stake in shares of D. R. Horton by 776.6% during the second quarter. MCF Advisors LLC now owns 3,603 shares of the construction company’s stock valued at $113,000 after purchasing an additional 3,192 shares in the last quarter. Institutional investors own 84.61% of the company’s stock.

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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.

The Fly

Analyst Recommendations for D. R. Horton (NYSE:DHI)

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