D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its stake in D.R. Horton, Inc. (NYSE:DHI) by 15.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,656 shares of the construction company’s stock after buying an additional 1,128 shares during the quarter. Blue Trust Inc.’s holdings in D.R. Horton were worth $1,210,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DHI. Public Sector Pension Investment Board lifted its holdings in shares of D.R. Horton by 61.9% in the 2nd quarter. Public Sector Pension Investment Board now owns 11,152 shares of the construction company’s stock valued at $1,572,000 after buying an additional 4,263 shares during the period. Algert Global LLC lifted its holdings in shares of D.R. Horton by 11.4% in the 2nd quarter. Algert Global LLC now owns 2,730 shares of the construction company’s stock valued at $385,000 after buying an additional 280 shares during the period. Creative Planning lifted its holdings in shares of D.R. Horton by 1.8% in the 2nd quarter. Creative Planning now owns 37,322 shares of the construction company’s stock valued at $5,260,000 after buying an additional 670 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of D.R. Horton by 8.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 17,685 shares of the construction company’s stock valued at $2,493,000 after purchasing an additional 1,422 shares in the last quarter. Finally, NewEdge Advisors LLC increased its stake in shares of D.R. Horton by 67.2% in the 2nd quarter. NewEdge Advisors LLC now owns 10,682 shares of the construction company’s stock valued at $1,505,000 after purchasing an additional 4,295 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the company’s stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Trading Down 2.2 %

DHI opened at $143.98 on Wednesday. D.R. Horton, Inc. has a one year low of $133.02 and a one year high of $199.85. The stock has a market capitalization of $46.19 billion, a PE ratio of 10.18, a P/E/G ratio of 0.56 and a beta of 1.75. The business’s 50 day moving average price is $149.78 and its 200 day moving average price is $169.31. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.61 and a current ratio of 6.92.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the prior year, the firm earned $2.82 earnings per share. The firm’s revenue was down 1.5% compared to the same quarter last year. As a group, equities research analysts expect that D.R. Horton, Inc. will post 13.87 EPS for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

Wall Street Analysts Forecast Growth

DHI has been the subject of several recent analyst reports. Wedbush restated a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. Royal Bank of Canada restated an “underperform” rating and issued a $125.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. Citigroup cut their price target on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Wells Fargo & Company cut their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Finally, JMP Securities reiterated a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $170.20.

D.R. Horton Company Profile

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.