D.R. Horton, Inc. $DHI Stock Position Raised by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lifted its position in D.R. Horton, Inc. (NYSE:DHI) by 172.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,134 shares of the construction company’s stock after buying an additional 5,147 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in D.R. Horton were worth $1,258,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Winnow Wealth LLC bought a new position in shares of D.R. Horton during the 3rd quarter valued at $960,000. Berkshire Hathaway Inc acquired a new stake in shares of D.R. Horton in the 2nd quarter valued at $191,491,000. Mediolanum International Funds Ltd boosted its holdings in D.R. Horton by 96.6% in the third quarter. Mediolanum International Funds Ltd now owns 151,153 shares of the construction company’s stock worth $25,670,000 after purchasing an additional 74,266 shares in the last quarter. Trinity Street Asset Management LLP bought a new stake in D.R. Horton in the third quarter worth $25,140,000. Finally, Peterson Wealth Services increased its position in D.R. Horton by 941.4% during the third quarter. Peterson Wealth Services now owns 10,862 shares of the construction company’s stock worth $1,841,000 after buying an additional 9,819 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DHI. Zacks Research cut D.R. Horton from a “hold” rating to a “strong sell” rating in a research report on Monday, January 19th. The Goldman Sachs Group reissued a “buy” rating and set a $195.00 price objective on shares of D.R. Horton in a report on Tuesday, January 13th. Citizens Jmp reissued a “market perform” rating on shares of D.R. Horton in a research note on Wednesday, January 7th. BTIG Research set a $182.00 target price on D.R. Horton in a report on Wednesday, January 21st. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and set a $155.00 target price (down from $180.00) on shares of D.R. Horton in a research report on Tuesday, January 6th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $159.93.

Insider Activity at D.R. Horton

In other news, SVP Aron M. Odom sold 260 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $167.55, for a total value of $43,563.00. Following the sale, the senior vice president owned 6,457 shares in the company, valued at approximately $1,081,870.35. The trade was a 3.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.66% of the company’s stock.

D.R. Horton Trading Down 1.6%

DHI stock opened at $147.45 on Friday. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $184.54. The company has a current ratio of 6.63, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23. The business’s 50 day moving average is $155.11 and its 200-day moving average is $157.36. The firm has a market cap of $42.72 billion, a P/E ratio of 13.39, a P/E/G ratio of 2.32 and a beta of 1.43.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 20th. The construction company reported $2.03 EPS for the quarter, topping the consensus estimate of $1.98 by $0.05. The business had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.66 billion. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.D.R. Horton’s revenue was down 9.5% on a year-over-year basis. During the same quarter last year, the company earned $2.61 EPS. Equities analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were issued a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, February 5th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio (DPR) is presently 16.35%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.