164,692 Shares in D.R. Horton, Inc. $DHI Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. bought a new position in D.R. Horton, Inc. (NYSE:DHI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 164,692 shares of the construction company’s stock, valued at approximately $23,734,000. Eurizon Capital SGR S.p.A. owned 0.06% of D.R. Horton at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Concord Wealth Partners bought a new position in shares of D.R. Horton during the third quarter valued at $25,000. Sound Income Strategies LLC bought a new position in shares of D.R. Horton during the fourth quarter valued at $27,000. Elevated Capital Advisors LLC bought a new position in shares of D.R. Horton during the fourth quarter valued at $27,000. Ameriflex Group Inc. bought a new position in shares of D.R. Horton during the third quarter valued at $31,000. Finally, First Horizon Corp lifted its holdings in shares of D.R. Horton by 81.3% during the fourth quarter. First Horizon Corp now owns 223 shares of the construction company’s stock valued at $32,000 after acquiring an additional 100 shares during the period. 90.63% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DHI has been the subject of a number of analyst reports. Barclays lifted their price objective on D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Wells Fargo & Company lifted their price objective on D.R. Horton from $147.00 to $170.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group lifted their price objective on D.R. Horton from $172.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Weiss Ratings cut D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Finally, Zacks Research raised D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, D.R. Horton has an average rating of “Hold” and an average price target of $168.54.

D.R. Horton Stock Performance

Shares of NYSE:DHI opened at $147.14 on Friday. D.R. Horton, Inc. has a twelve month low of $114.17 and a twelve month high of $184.54. The firm has a market cap of $41.73 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 2.06 and a beta of 1.41. 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 business has a fifty day moving average of $144.54 and a 200-day moving average of $149.46.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share 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 company had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.55 billion. During the same period last year, the company posted $2.58 earnings per share. The firm’s quarterly revenue was down 2.3% compared to the same quarter last year. On average, equities research analysts predict that D.R. Horton, Inc. will post 10.57 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were paid a $0.45 dividend. The ex-dividend date was Thursday, May 7th. 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 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.