Altshuler Shaham Ltd Buys New Holdings in D.R. Horton, Inc. $DHI

Altshuler Shaham Ltd bought a new stake in D.R. Horton, Inc. (NYSE:DHI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,370 shares of the construction company’s stock, valued at approximately $773,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Core Wealth Advisors LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $25,000. Sound Income Strategies LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $27,000. Elevated Capital Advisors LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $27,000. Wilkerson Advisory Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth about $30,000. Finally, Ameriflex Group Inc. acquired a new position in shares of D.R. Horton during the third quarter worth about $31,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on DHI. Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research note on Tuesday, April 7th. The Goldman Sachs Group boosted their price objective on D.R. Horton from $172.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. UBS Group boosted their price objective on D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a research note on Wednesday, April 22nd. Weiss Ratings cut D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Finally, 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 research note on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $168.54.

D.R. Horton Stock Down 2.6%

Shares of NYSE DHI opened at $152.23 on Thursday. D.R. Horton, Inc. has a 1 year low of $119.64 and a 1 year high of $184.54. The firm has a market cap of $43.17 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 2.19 and a beta of 1.37. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.97 and a current ratio of 6.46. The stock’s 50-day simple moving average is $147.74 and its 200-day simple moving average is $149.88.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $7.55 billion. During the same period in the previous year, the company earned $2.58 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. As a group, equities analysts anticipate that D.R. Horton, Inc. will post 10.57 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

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

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.