Boston Trust Walden Corp Cuts Stock Position in D.R. Horton, Inc. $DHI

Boston Trust Walden Corp lessened its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,130 shares of the construction company’s stock after selling 21,299 shares during the quarter. Boston Trust Walden Corp owned about 0.07% of D.R. Horton worth $27,736,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Core Wealth Advisors LLC purchased a new stake in shares of D.R. Horton during the 4th quarter valued at $25,000. Osbon Capital Management LLC acquired a new position in D.R. Horton during the 4th quarter valued at about $26,000. Sound Income Strategies LLC purchased a new stake in D.R. Horton in the fourth quarter valued at about $27,000. Elevated Capital Advisors LLC acquired a new stake in D.R. Horton in the fourth quarter worth about $27,000. Finally, Wilkerson Advisory Group LLC purchased a new stake in shares of D.R. Horton during the fourth quarter worth about $30,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently commented on DHI. Truist Financial lifted their target price on shares of D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group lifted their price objective on shares of D.R. Horton from $172.00 to $190.00 and gave the stock a “buy” rating in a research note on Tuesday, April 21st. Citigroup raised their target price on D.R. Horton from $162.00 to $173.00 and gave the stock a “neutral” rating in a research note on Thursday, April 23rd. Seaport Research Partners reaffirmed a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Finally, Royal Bank Of Canada increased their price objective on D.R. Horton from $117.00 to $123.00 and gave the company an “underperform” rating in a report on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $168.54.

D.R. Horton Trading Down 0.1%

Shares of DHI stock opened at $158.45 on Friday. The stock has a 50 day simple moving average of $150.94 and a 200-day simple moving average of $150.25. D.R. Horton, Inc. has a 1-year low of $129.11 and a 1-year high of $184.54. The company has a market cap of $44.93 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 2.22 and a beta of 1.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.46 and a quick ratio of 0.97.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.09. The business had revenue of $7.56 billion during the quarter, compared to analysts’ expectations of $7.55 billion. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The company’s revenue was down 2.3% on a year-over-year basis. During the same period last year, the company posted $2.58 EPS. On average, equities research analysts expect that D.R. Horton, Inc. will post 10.61 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 annualized dividend and a yield of 1.1%. 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.