Orion Portfolio Solutions LLC Acquires 170 Shares of D.R. Horton, Inc. (NYSE:DHI)

Orion Portfolio Solutions LLC lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,746 shares of the construction company’s stock after purchasing an additional 170 shares during the period. Orion Portfolio Solutions LLC’s holdings in D.R. Horton were worth $3,879,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of DHI. Principal Financial Group Inc. lifted its stake in shares of D.R. Horton by 7.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock valued at $339,174,000 after purchasing an additional 120,892 shares during the period. Townsquare Capital LLC grew its stake in D.R. Horton by 36.5% during the third quarter. Townsquare Capital LLC now owns 7,698 shares of the construction company’s stock worth $1,469,000 after purchasing an additional 2,057 shares during the period. Glenmede Trust Co. NA increased its holdings in D.R. Horton by 2.6% in the third quarter. Glenmede Trust Co. NA now owns 10,206 shares of the construction company’s stock worth $1,947,000 after purchasing an additional 262 shares in the last quarter. CreativeOne Wealth LLC lifted its stake in D.R. Horton by 10.5% in the third quarter. CreativeOne Wealth LLC now owns 3,896 shares of the construction company’s stock valued at $743,000 after buying an additional 371 shares during the period. Finally, Public Sector Pension Investment Board boosted its holdings in shares of D.R. Horton by 10.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 12,352 shares of the construction company’s stock worth $2,356,000 after buying an additional 1,200 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Bank of America downgraded D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $160.00 to $150.00 in a report on Monday, January 27th. JPMorgan Chase & Co. lowered shares of D.R. Horton from a “neutral” rating to an “underweight” rating and decreased their price target for the company from $188.00 to $156.00 in a research note on Friday, December 13th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $125.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Wells Fargo & Company decreased their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Finally, The Goldman Sachs Group dropped their price target on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Stock Performance

Shares of DHI stock opened at $125.87 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The company has a market capitalization of $39.66 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a one year low of $124.23 and a one year high of $199.85. The company’s 50-day moving average is $132.91 and its 200 day moving average is $154.80.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the company posted $2.82 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.27%. D.R. Horton’s dividend payout ratio (DPR) 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.