Brinker Capital Inc. trimmed its position in shares of D. R. Horton Inc (NYSE:DHI) by 1.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,200 shares of the construction company’s stock after selling 538 shares during the quarter. Brinker Capital Inc.’s holdings in D. R. Horton were worth $1,116,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of DHI. PRW Wealth Management LLC acquired a new position in shares of D. R. Horton in the fourth quarter worth $30,000. Sage Capital Advisors llc acquired a new position in shares of D. R. Horton in the fourth quarter worth $31,000. Semmax Financial Advisors Inc. acquired a new position in shares of D. R. Horton in the fourth quarter worth $33,000. JOYN Advisors Inc. raised its holdings in shares of D. R. Horton by 37.0% in the fourth quarter. JOYN Advisors Inc. now owns 993 shares of the construction company’s stock worth $34,000 after acquiring an additional 268 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its holdings in shares of D. R. Horton by 125.0% in the fourth quarter. Proficio Capital Partners LLC now owns 1,107 shares of the construction company’s stock worth $38,000 after acquiring an additional 615 shares during the last quarter. Institutional investors own 83.41% of the company’s stock.
In other D. R. Horton news, Director Bradley S. Anderson sold 10,000 shares of the business’s stock in a transaction dated Friday, December 28th. The stock was sold at an average price of $34.40, for a total transaction of $344,000.00. Following the completion of the sale, the director now owns 42,191 shares of the company’s stock, valued at $1,451,370.40. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Barbara K. Allen sold 1,410 shares of the business’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $40.47, for a total value of $57,062.70. Following the sale, the director now directly owns 7,060 shares of the company’s stock, valued at approximately $285,718.20. The disclosure for this sale can be found here. Insiders sold 28,833 shares of company stock valued at $1,029,662 over the last quarter. Insiders own 6.87% of the company’s stock.
D. R. Horton (NYSE:DHI) last released its earnings results on Friday, January 25th. The construction company reported $0.76 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.78 by ($0.02). The business had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.49 billion. D. R. Horton had a net margin of 9.59% and a return on equity of 17.51%. The business’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 earnings per share. Research analysts predict that D. R. Horton Inc will post 3.92 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, February 25th. Investors of record on Monday, February 11th were paid a $0.15 dividend. The ex-dividend date of this dividend was Friday, February 8th. This represents a $0.60 annualized dividend and a yield of 1.48%. D. R. Horton’s payout ratio is currently 14.67%.
DHI has been the subject of a number of analyst reports. Keefe, Bruyette & Woods cut D. R. Horton from an “outperform” rating to a “market perform” rating in a report on Friday, January 11th. ValuEngine cut D. R. Horton from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Credit Suisse Group reissued a “buy” rating and issued a $46.00 price target on shares of D. R. Horton in a report on Friday, January 11th. Wedbush set a $41.00 price target on D. R. Horton and gave the stock a “buy” rating in a report on Friday, January 25th. Finally, Buckingham Research began coverage on D. R. Horton in a research note on Friday, January 11th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $46.32.
D. R. Horton Profile
D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.
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