J. Safra Sarasin Holding AG Buys New Shares in D.R. Horton, Inc. $DHI

J. Safra Sarasin Holding AG bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,774 shares of the construction company’s stock, valued at approximately $832,000.

Other large investors have also bought and sold shares of the company. Integrated Wealth Concepts LLC raised its holdings in shares of D.R. Horton by 23.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company’s stock valued at $538,000 after purchasing an additional 803 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of D.R. Horton by 295.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company’s stock valued at $77,000 after buying an additional 455 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of D.R. Horton in the 2nd quarter valued at about $302,000. American Century Companies Inc. increased its position in D.R. Horton by 14.2% in the 2nd quarter. American Century Companies Inc. now owns 109,601 shares of the construction company’s stock valued at $14,130,000 after buying an additional 13,591 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in D.R. Horton by 27.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 2,552 shares of the construction company’s stock valued at $329,000 after buying an additional 557 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $138.34 on Thursday. The firm has a market capitalization of $40.08 billion, a P/E ratio of 12.56, a P/E/G ratio of 2.12 and a beta of 1.44. The company has a quick ratio of 0.98, a current ratio of 6.63 and a debt-to-equity ratio of 0.23. The stock’s 50-day simple moving average is $150.68 and its two-hundred day simple moving average is $153.04. D.R. Horton, Inc. has a twelve month low of $110.44 and a twelve month high of $184.54.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.98 by $0.05. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.The firm had revenue of $6.89 billion during the quarter, compared to the consensus estimate of $6.66 billion. During the same quarter last year, the company posted $2.61 EPS. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. As a group, equities analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, February 5th were paid a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton’s dividend payout ratio (DPR) is currently 16.35%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on DHI shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research report on Monday, December 29th. Truist Financial set a $155.00 target price on D.R. Horton and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Citizens Jmp restated a “market perform” rating on shares of D.R. Horton in a report on Wednesday, January 7th. Wells Fargo & Company restated an “equal weight” rating and issued a $155.00 target price (down from $180.00) on shares of D.R. Horton in a research note on Tuesday, January 6th. Finally, Evercore boosted their price target on shares of D.R. Horton from $167.00 to $169.00 and gave the company an “in-line” rating in a research report on Wednesday, January 21st. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $159.93.

Insider Transactions at D.R. Horton

In other D.R. Horton news, SVP Aron M. Odom sold 260 shares of D.R. Horton stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $167.55, for a total transaction of $43,563.00. Following the completion of the sale, the senior vice president directly owned 6,457 shares in the company, valued at $1,081,870.35. The trade was a 3.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.66% of the stock is currently owned by insiders.

D.R. Horton 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.