D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. decreased its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 2.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 60,782 shares of the construction company’s stock after selling 1,528 shares during the quarter. Foster & Motley Inc.’s holdings in D.R. Horton were worth $8,499,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in DHI. Coastline Trust Co purchased a new stake in D.R. Horton in the 3rd quarter valued at about $26,000. Rakuten Securities Inc. increased its position in shares of D.R. Horton by 216.7% during the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock valued at $33,000 after acquiring an additional 117 shares during the last quarter. Rosenberg Matthew Hamilton raised its stake in shares of D.R. Horton by 152.8% in the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after acquiring an additional 165 shares during the period. Wolff Wiese Magana LLC lifted its holdings in shares of D.R. Horton by 1,306.7% in 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. Finally, Grove Bank & Trust boosted its position in shares of D.R. Horton by 76.2% during the 3rd quarter. Grove Bank & Trust now owns 215 shares of the construction company’s stock worth $41,000 after purchasing an additional 93 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

NYSE:DHI opened at $141.85 on Thursday. D.R. Horton, Inc. has a 12 month low of $133.02 and a 12 month high of $199.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.61. The firm has a market capitalization of $45.51 billion, a PE ratio of 10.02, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75. The business’s fifty day moving average price is $149.42 and its 200 day moving average price is $169.24.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. The business had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.82 EPS. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.87 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.13%. D.R. Horton’s dividend payout ratio is presently 11.31%.

Insider Activity

In other news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was 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 available through this hyperlink. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on DHI shares. Wedbush restated a “neutral” rating and set a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. Evercore ISI decreased their target price on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Wells Fargo & Company lowered their target price on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Barclays cut their price target 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. Finally, Raymond James lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, D.R. Horton has a consensus rating of “Hold” and a consensus price target of $170.20.

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.