Compound Planning Inc. Has $918,000 Stock Position in D.R. Horton, Inc. $DHI

Compound Planning Inc. lessened its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 40.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,689 shares of the construction company’s stock after selling 4,500 shares during the quarter. Compound Planning Inc.’s holdings in D.R. Horton were worth $918,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Core Wealth Advisors LLC acquired 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 in the 4th quarter worth about $26,000. Sound Income Strategies LLC acquired a new position in D.R. Horton in the 4th quarter worth about $27,000. Elevated Capital Advisors LLC bought a new position in D.R. Horton in the fourth quarter valued at about $27,000. Finally, Wilkerson Advisory Group LLC bought a new position in D.R. Horton in the fourth quarter valued at about $30,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Truist Financial boosted their price target on D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Barclays raised their price objective on shares of D.R. Horton from $140.00 to $141.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Wells Fargo & Company lifted their target price on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. BTIG Research set a $184.00 target price on shares of D.R. Horton in a report on Wednesday. Finally, Citigroup reaffirmed a “neutral” rating on shares of D.R. Horton in a research note on Wednesday. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $168.17.

D.R. Horton Stock Performance

Shares of DHI opened at $146.49 on Monday. The company has a current ratio of 6.43, a quick ratio of 1.04 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $150.84 and its two-hundred day simple moving average is $150.40. D.R. Horton, Inc. has a 12 month low of $131.75 and a 12 month high of $184.54. The stock has a market capitalization of $40.97 billion, a P/E ratio of 13.94, a price-to-earnings-growth ratio of 2.31 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.18. The firm had revenue of $9.23 billion during the quarter, compared to analyst estimates of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The business’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the company posted $3.36 EPS. As a group, analysts predict that D.R. Horton, Inc. will post 10.54 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Thursday, August 6th. D.R. Horton’s payout ratio is presently 17.13%.

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.