D.R. Horton, Inc. (NYSE:DHI) Holdings Raised by Aveo Capital Partners LLC

Aveo Capital Partners LLC increased its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 111.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,567 shares of the construction company’s stock after acquiring an additional 3,994 shares during the period. Aveo Capital Partners LLC’s holdings in D.R. Horton were worth $1,058,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of DHI. Coastline Trust Co acquired a new stake in shares of D.R. Horton during the 3rd quarter valued at about $26,000. Golden State Wealth Management LLC acquired a new position in D.R. Horton during the 4th quarter worth $30,000. Rakuten Securities Inc. lifted its position in D.R. Horton by 216.7% during the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock worth $33,000 after acquiring an additional 117 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after acquiring an additional 165 shares during the last quarter. Finally, Wolff Wiese Magana LLC lifted its position in D.R. Horton by 1,306.7% during the 3rd quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company’s stock worth $40,000 after acquiring an additional 196 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of DHI stock opened at $130.63 on Friday. The firm’s 50 day moving average is $142.12 and its 200-day moving average is $166.44. D.R. Horton, Inc. has a 1 year low of $125.84 and a 1 year high of $199.85. The firm has a market capitalization of $41.16 billion, a price-to-earnings ratio of 9.23, a PEG ratio of 0.58 and a beta of 1.76. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating 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 business 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 business posted $2.82 earnings per share. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. Sell-side analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.22%. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Evercore ISI cut their target price on shares of D.R. Horton from $218.00 to $204.00 and set an “outperform” rating for the company in a research report on Wednesday, October 30th. Raymond James cut shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. StockNews.com raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. The Goldman Sachs Group lowered their target price on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Barclays decreased their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, D.R. Horton presently has a consensus rating of “Hold” and an average price target of $170.93.

Insiders Place Their Bets

In related news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

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.