D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Bank Julius Baer & Co. Ltd Zurich

Bank Julius Baer & Co. Ltd Zurich cut its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 54.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,830 shares of the construction company’s stock after selling 2,183 shares during the period. Bank Julius Baer & Co. Ltd Zurich’s holdings in D.R. Horton were worth $278,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new position in D.R. Horton during the fourth quarter worth $38,000. BluePath Capital Management LLC acquired a new position in D.R. Horton during the third quarter worth $33,000. Friedenthal Financial acquired a new position in shares of D.R. Horton in the fourth quarter worth $47,000. AdvisorNet Financial Inc raised its holdings in shares of D.R. Horton by 81.8% in the fourth quarter. AdvisorNet Financial Inc now owns 360 shares of the construction company’s stock worth $55,000 after acquiring an additional 162 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in shares of D.R. Horton by 37,500.0% in the fourth quarter. ORG Partners LLC now owns 376 shares of the construction company’s stock worth $57,000 after acquiring an additional 375 shares during the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Citigroup boosted their price target on D.R. Horton from $166.00 to $191.00 and gave the stock a “buy” rating in a report on Friday, April 5th. Wedbush reissued an “underperform” rating and issued a $130.00 price target on shares of D.R. Horton in a report on Thursday, April 18th. Raymond James boosted their price target on D.R. Horton from $140.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. Keefe, Bruyette & Woods cut their price target on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating for the company in a report on Wednesday, January 24th. Finally, JMP Securities boosted their price target on D.R. Horton from $140.00 to $170.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. According to MarketBeat.com, D.R. Horton has an average rating of “Moderate Buy” and an average target price of $158.06.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the sale, the insider now owns 773,121 shares of the company’s stock, valued at $120,862,005.93. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the transaction, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Barbara K. Allen sold 363 shares of the business’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total value of $53,890.98. Following the transaction, the director now owns 5,650 shares in the company, valued at approximately $838,799. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 27,560 shares of company stock valued at $4,279,636. Company insiders own 1.74% of the company’s stock.

D.R. Horton Price Performance

Shares of NYSE:DHI opened at $145.33 on Friday. The business has a fifty day simple moving average of $151.99 and a 200-day simple moving average of $140.33. D.R. Horton, Inc. has a 52 week low of $100.08 and a 52 week high of $165.75. The company has a quick ratio of 1.38, a current ratio of 7.35 and a debt-to-equity ratio of 0.24. The company has a market cap of $47.86 billion, a P/E ratio of 9.89, a P/E/G ratio of 0.72 and a beta of 1.64.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The firm had revenue of $9.11 billion during the quarter, compared to the consensus estimate of $8.15 billion. During the same quarter in the previous year, the business earned $2.73 earnings per share. The firm’s quarterly revenue was up 14.2% compared to the same quarter last year. Equities research analysts forecast that D.R. Horton, Inc. will post 14.31 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton’s dividend payout ratio (DPR) is presently 8.17%.

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.