BLI Banque de Luxembourg Investments Has $3.89 Million Holdings in D.R. Horton, Inc. $DHI

BLI Banque de Luxembourg Investments grew its stake in D.R. Horton, Inc. (NYSE:DHI) by 17.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,700 shares of the construction company’s stock after acquiring an additional 4,000 shares during the period. BLI Banque de Luxembourg Investments’ holdings in D.R. Horton were worth $3,886,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Waddell & Associates LLC grew its stake in shares of D.R. Horton by 79.9% during the fourth quarter. Waddell & Associates LLC now owns 2,734 shares of the construction company’s stock valued at $394,000 after purchasing an additional 1,214 shares during the last quarter. Cerity Partners LLC raised its position in D.R. Horton by 53.5% in the 4th quarter. Cerity Partners LLC now owns 66,850 shares of the construction company’s stock worth $9,628,000 after purchasing an additional 23,304 shares during the last quarter. Brandywine Global Investment Management LLC raised its position in D.R. Horton by 28.3% in the 4th quarter. Brandywine Global Investment Management LLC now owns 391,512 shares of the construction company’s stock worth $56,389,000 after purchasing an additional 86,437 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its holdings in D.R. Horton by 58.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 339,560 shares of the construction company’s stock worth $48,907,000 after buying an additional 125,714 shares in the last quarter. Finally, Manchester Capital Management LLC boosted its position in D.R. Horton by 473.5% in the 4th quarter. Manchester Capital Management LLC now owns 476 shares of the construction company’s stock valued at $69,000 after buying an additional 393 shares during the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have recently commented on DHI shares. Barclays lifted their target price on D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. Citigroup raised their price target on D.R. Horton from $162.00 to $173.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Wells Fargo & Company boosted their price objective on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada raised their target price on shares of D.R. Horton from $117.00 to $123.00 and gave the company an “underperform” rating in a research note on Wednesday, April 22nd. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $168.54.

D.R. Horton Stock Up 4.9%

NYSE:DHI opened at $151.28 on Wednesday. The company has a quick ratio of 0.97, a current ratio of 6.46 and a debt-to-equity ratio of 0.27. D.R. Horton, Inc. has a 12-month low of $119.54 and a 12-month high of $184.54. The stock’s fifty day simple moving average is $145.97 and its 200-day simple moving average is $149.74. The firm has a market capitalization of $42.90 billion, a P/E ratio of 14.18, a P/E/G ratio of 2.02 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.09. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.The business had revenue of $7.56 billion during the quarter, compared to the consensus estimate of $7.55 billion. During the same quarter in the prior year, the company posted $2.58 earnings per share. The firm’s revenue was down 2.3% on a year-over-year basis. Equities research analysts expect that D.R. Horton, Inc. will post 10.57 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio (DPR) is currently 16.87%.

About D.R. Horton

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.