D.R. Horton, Inc. $DHI Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 21.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 32,534 shares of the construction company’s stock after buying an additional 5,664 shares during the period. Ritholtz Wealth Management’s holdings in D.R. Horton were worth $4,464,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Core Wealth Advisors LLC acquired a new position in D.R. Horton during the 4th quarter valued at approximately $25,000. Osbon Capital Management LLC acquired a new stake in D.R. Horton in the fourth quarter worth $26,000. Sound Income Strategies LLC bought a new stake in D.R. Horton in the fourth quarter valued at $27,000. Elevated Capital Advisors LLC acquired a new position in shares of D.R. Horton during the fourth quarter valued at $27,000. Finally, Wilkerson Advisory Group LLC acquired a new position in shares of D.R. Horton during the fourth quarter valued at $30,000. Institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

DHI has been the topic of a number of analyst reports. Truist Financial increased their price objective on shares of D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Wells Fargo & Company boosted their target price on shares of D.R. Horton from $147.00 to $170.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada raised their price target on shares of D.R. Horton from $117.00 to $123.00 and gave the company an “underperform” rating in a research note on Wednesday, April 22nd. The Goldman Sachs Group lifted their price target on D.R. Horton from $172.00 to $190.00 and gave the company a “buy” rating in a report on Tuesday, April 21st. Finally, Weiss Ratings downgraded D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $168.54.

D.R. Horton Stock Performance

Shares of DHI opened at $166.69 on Friday. The firm has a market capitalization of $47.27 billion, a PE ratio of 15.62, a P/E/G ratio of 2.33 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. The firm has a 50-day moving average price of $149.85 and a 200 day moving average price of $149.90. D.R. Horton, Inc. has a 52-week low of $125.04 and a 52-week high of $184.54.

D.R. Horton (NYSE:DHI) last released its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, topping analysts’ consensus estimates 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 net margin of 9.51% and a return on equity of 12.94%. D.R. Horton’s revenue was down 2.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.58 EPS. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 10.61 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio is 16.87%.

D.R. Horton Company Profile

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.