Sapient Capital LLC Buys 424 Shares of D.R. Horton, Inc. (NYSE:DHI)

Sapient Capital LLC raised its stake in D.R. Horton, Inc. (NYSE:DHI) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,316 shares of the construction company’s stock after buying an additional 424 shares during the quarter. Sapient Capital LLC’s holdings in D.R. Horton were worth $9,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Golden State Equity Partners boosted its stake in D.R. Horton by 435.6% during the 4th quarter. Golden State Equity Partners now owns 3,899 shares of the construction company’s stock worth $545,000 after acquiring an additional 3,171 shares during the last quarter. KBC Group NV boosted its position in shares of D.R. Horton by 360.0% during the third quarter. KBC Group NV now owns 271,038 shares of the construction company’s stock worth $51,706,000 after purchasing an additional 212,112 shares in the last quarter. Legacy CG LLC acquired a new position in shares of D.R. Horton in the 3rd quarter valued at $4,220,000. Toronto Dominion Bank increased its position in shares of D.R. Horton by 17.3% in the 3rd quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company’s stock valued at $20,025,000 after buying an additional 15,460 shares in the last quarter. Finally, Pensionfund Sabic raised its stake in D.R. Horton by 70.2% during the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company’s stock worth $1,356,000 after buying an additional 4,000 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Up 0.9 %

NYSE:DHI opened at $130.13 on Tuesday. The firm has a market capitalization of $41.01 billion, a price-to-earnings ratio of 9.20, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a twelve month low of $127.47 and a twelve month high of $199.85. The stock’s 50 day moving average price is $144.87 and its two-hundred day moving average price is $167.60.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period in the prior year, the firm posted $2.82 earnings per share. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. Equities research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.23%. D.R. Horton’s dividend payout ratio is 11.31%.

Analysts Set New Price Targets

DHI has been the subject of a number of research analyst reports. Bank of America cut D.R. Horton from a “buy” rating to a “neutral” rating and decreased their target price for the company from $160.00 to $150.00 in a research note on Monday, January 27th. Barclays decreased their price objective on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating and cut their price target for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. JPMorgan Chase & Co. cut shares of D.R. Horton from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $188.00 to $156.00 in a report on Friday, December 13th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $210.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $170.93.

Insider Activity

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the firm’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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.54% of the company’s stock.

D.R. Horton 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.