Sepio Capital LP Buys Shares of 1,316 D.R. Horton, Inc. (NYSE:DHI)

Sepio Capital LP acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 1,316 shares of the construction company’s stock, valued at approximately $200,000.

A number of other institutional investors also recently added to or reduced their stakes in DHI. Oakworth Capital Inc. bought a new stake in shares of D.R. Horton in the 4th quarter valued at about $38,000. Private Wealth Management Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth $42,000. Friedenthal Financial purchased a new stake in shares of D.R. Horton during the 4th quarter valued at $47,000. AdvisorNet Financial Inc boosted its holdings in 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 in the last quarter. Finally, EdgeRock Capital LLC purchased a new stake in D.R. Horton during the 4th quarter worth approximately $55,000. Institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

DHI has been the topic of a number of research reports. Citigroup cut their price objective on D.R. Horton from $191.00 to $181.00 and set a “buy” rating on the stock in a report on Friday, May 17th. Royal Bank of Canada lowered their price objective on D.R. Horton from $142.00 to $141.00 and set an “underperform” rating on the stock in a research report on Friday, April 19th. BTIG Research decreased their target price on shares of D.R. Horton from $174.00 to $169.00 and set a “buy” rating for the company in a research note on Tuesday, April 16th. Jefferies Financial Group lifted their price target on D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a research note on Friday, April 19th. Finally, UBS Group raised their price objective on D.R. Horton from $192.00 to $200.00 and gave the company a “buy” rating in a report on Friday, April 19th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. According to data from MarketBeat.com, D.R. Horton presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.82.

D.R. Horton Trading Up 1.3 %

NYSE:DHI traded up $1.80 during trading hours on Friday, hitting $144.62. The company had a trading volume of 1,102,436 shares, compared to its average volume of 2,356,659. D.R. Horton, Inc. has a 1 year low of $100.08 and a 1 year high of $165.75. The company has a market cap of $47.62 billion, a P/E ratio of 9.84, a P/E/G ratio of 0.72 and a beta of 1.66. The company has a 50-day moving average of $151.44 and a 200 day moving average of $146.18. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data 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. The firm had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. D.R. Horton’s quarterly revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.73 earnings per share. Sell-side analysts expect that D.R. Horton, Inc. will post 14.26 earnings per share for the current year.

D.R. Horton Announces Dividend

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

Insider Buying and Selling at D.R. Horton

In related news, Director Michael R. Buchanan sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $150.70, for a total transaction of $301,400.00. Following the completion of the sale, the director now directly owns 1,703 shares of the company’s stock, valued at approximately $256,642.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider David V. Auld sold 25,000 shares of the firm’s stock in a transaction on 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 transaction, the insider now directly owns 773,121 shares in the company, valued at $120,862,005.93. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Michael R. Buchanan sold 2,000 shares of the business’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $150.70, for a total value of $301,400.00. Following the completion of the sale, the director now owns 1,703 shares in the company, valued at approximately $256,642.10. The disclosure for this sale can be found here. Insiders have sold 27,812 shares of company stock worth $4,330,617 over the last quarter. 1.74% of the stock is currently owned by company insiders.

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.