Sivia Capital Partners LLC Buys 5,243 Shares of D.R. Horton, Inc. $DHI

Sivia Capital Partners LLC increased its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 173.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 8,264 shares of the construction company’s stock after purchasing an additional 5,243 shares during the quarter. Sivia Capital Partners LLC’s holdings in D.R. Horton were worth $1,190,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of DHI. Concord Wealth Partners bought a new position in shares of D.R. Horton during the 3rd quarter valued at approximately $25,000. Core Wealth Advisors LLC bought a new position in shares of D.R. Horton during the 4th quarter valued at approximately $25,000. Sound Income Strategies LLC bought a new position in shares of D.R. Horton during the 4th quarter valued at approximately $27,000. Elevated Capital Advisors LLC bought a new position in shares of D.R. Horton during the 4th quarter valued at approximately $27,000. Finally, Ameriflex Group Inc. bought a new position in shares of D.R. Horton during the 3rd quarter valued at approximately $31,000. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $144.70 on Thursday. The stock’s fifty day moving average is $145.13 and its two-hundred day moving average is $149.51. The company has a market capitalization of $41.03 billion, a PE ratio of 13.56, a price-to-earnings-growth ratio of 2.07 and a beta of 1.37. The company has a quick ratio of 0.97, a current ratio of 6.46 and a debt-to-equity ratio of 0.27. D.R. Horton, Inc. has a 52 week low of $118.65 and a 52 week high of $184.54.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, beating the consensus estimate of $2.15 by $0.09. The company had revenue of $7.56 billion for the quarter, compared to the consensus estimate of $7.55 billion. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.D.R. Horton’s quarterly revenue was down 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.58 EPS. As a group, analysts expect that D.R. Horton, Inc. will post 10.57 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is presently 16.87%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on D.R. Horton from $147.00 to $170.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Weiss Ratings downgraded D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Citigroup upped their price objective on D.R. Horton from $162.00 to $173.00 and gave the company a “neutral” rating in a research report on Thursday, April 23rd. UBS Group upped their price objective on D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Finally, Barclays upped their price objective on D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a research report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $168.54.

About D.R. Horton

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.