UniSuper Management Pty Ltd Has $3.38 Million Holdings in D.R. Horton, Inc. (NYSE:DHI)

UniSuper Management Pty Ltd raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 29.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,195 shares of the construction company’s stock after buying an additional 5,567 shares during the period. UniSuper Management Pty Ltd’s holdings in D.R. Horton were worth $3,383,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in D.R. Horton in the fourth quarter worth $30,000. 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 buying an additional 165 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in D.R. Horton during the 4th quarter worth about $38,000. Sierra Ocean LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth approximately $43,000. Finally, FSA Wealth Management LLC bought a new stake in shares of D.R. Horton during the third quarter valued at approximately $47,000. Institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on DHI. Wells Fargo & Company decreased their price objective on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. UBS Group dropped their price objective on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. JMP Securities reiterated a “market outperform” rating and set a $210.00 price target on shares of D.R. Horton in a research report on Wednesday, January 22nd. Finally, Bank of America lowered shares of D.R. Horton from a “buy” rating to a “neutral” rating and cut their price objective for the company from $160.00 to $150.00 in a report on Monday, January 27th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $170.93.

D.R. Horton Stock Down 3.2 %

NYSE:DHI opened at $125.87 on Friday. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The stock has a 50-day moving average price of $132.91 and a two-hundred day moving average price of $155.24. The stock has a market cap of $39.66 billion, a price-to-earnings ratio of 8.90, a PEG ratio of 0.54 and a beta of 1.80. 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 issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period in the previous year, the firm earned $2.82 EPS. D.R. Horton’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, equities analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.27%. D.R. Horton’s dividend payout ratio is currently 11.31%.

About D.R. Horton

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.