Brandywine Global Investment Management LLC lifted its holdings in shares of D. R. Horton Inc (NYSE:DHI) by 2.9% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 2,189,631 shares of the construction company’s stock after acquiring an additional 62,208 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.59% of D. R. Horton worth $75,893,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the company. JOYN Advisors Inc. lifted its holdings in shares of D. R. Horton by 37.0% during the 4th quarter. JOYN Advisors Inc. now owns 993 shares of the construction company’s stock worth $34,000 after acquiring an additional 268 shares during the period. AdvisorNet Financial Inc lifted its holdings in D. R. Horton by 22.1% during the 4th quarter. AdvisorNet Financial Inc now owns 2,166 shares of the construction company’s stock valued at $75,000 after purchasing an additional 392 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in D. R. Horton by 6.0% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 7,414 shares of the construction company’s stock valued at $257,000 after purchasing an additional 420 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in D. R. Horton by 125.0% during the 4th quarter. Proficio Capital Partners LLC now owns 1,107 shares of the construction company’s stock valued at $38,000 after purchasing an additional 615 shares during the last quarter. Finally, Markel Corp lifted its holdings in D. R. Horton by 7.7% during the 4th quarter. Markel Corp now owns 9,057 shares of the construction company’s stock valued at $313,000 after purchasing an additional 650 shares during the last quarter. 83.52% of the stock is owned by institutional investors.
DHI opened at $40.76 on Friday. The company has a quick ratio of 0.73, a current ratio of 6.85 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $15.46 billion, a price-to-earnings ratio of 9.97, a P/E/G ratio of 0.88 and a beta of 1.23. D. R. Horton Inc has a 1-year low of $32.39 and a 1-year high of $47.00.
D. R. Horton (NYSE:DHI) last posted its quarterly earnings data on Friday, January 25th. The construction company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.02). The company had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. D. R. Horton had a net margin of 9.59% and a return on equity of 17.51%. The company’s revenue was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.49 EPS. As a group, equities research analysts forecast that D. R. Horton Inc will post 3.92 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Monday, February 25th. Shareholders of record on Monday, February 11th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.47%. The ex-dividend date of this dividend was Friday, February 8th. D. R. Horton’s payout ratio is presently 14.67%.
Several equities analysts recently issued reports on DHI shares. JMP Securities set a $44.00 price target on shares of D. R. Horton and gave the company a “buy” rating in a report on Wednesday, November 21st. ValuEngine raised shares of D. R. Horton from a “sell” rating to a “hold” rating in a report on Thursday, December 6th. Raymond James raised shares of D. R. Horton to a “buy” rating and set a $39.00 price target for the company in a report on Thursday, December 20th. Keefe, Bruyette & Woods raised shares of D. R. Horton from a “market perform” rating to an “outperform” rating and lifted their price target for the company from $41.00 to $45.00 in a report on Wednesday, January 9th. Finally, Buckingham Research started coverage on shares of D. R. Horton in a report on Friday, January 11th. They set a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company. D. R. Horton has an average rating of “Buy” and a consensus price target of $46.32.
In other D. R. Horton news, Director Bradley S. Anderson sold 10,000 shares of the firm’s stock in a transaction dated Friday, December 28th. The shares were sold at an average price of $34.40, for a total value of $344,000.00. Following the completion of the sale, the director now owns 42,191 shares in the company, valued at approximately $1,451,370.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Donald R. Horton sold 163,000 shares of the firm’s stock in a transaction dated Tuesday, December 18th. The shares were sold at an average price of $36.08, for a total transaction of $5,881,040.00. Following the completion of the sale, the chairman now owns 23,833,899 shares of the company’s stock, valued at approximately $859,927,075.92. The disclosure for this sale can be found here. Insiders sold a total of 191,833 shares of company stock valued at $6,910,702 in the last 90 days. Corporate insiders own 6.87% of the company’s stock.
D. R. Horton Profile
D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.
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