RFG Advisory LLC Boosts Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

RFG Advisory LLC grew its position in D.R. Horton, Inc. (NYSE:DHI) by 47.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,906 shares of the construction company’s stock after acquiring an additional 616 shares during the quarter. RFG Advisory LLC’s holdings in D.R. Horton were worth $267,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. KBC Group NV lifted its holdings in D.R. Horton by 360.0% in the 3rd quarter. KBC Group NV now owns 271,038 shares of the construction company’s stock valued at $51,706,000 after purchasing an additional 212,112 shares in the last quarter. Legacy CG LLC acquired a new stake in shares of D.R. Horton in the third quarter valued at about $4,220,000. Toronto Dominion Bank boosted its position in D.R. Horton by 17.3% during the third quarter. Toronto Dominion Bank now owns 104,969 shares of the construction company’s stock worth $20,025,000 after acquiring an additional 15,460 shares during the last quarter. Pensionfund Sabic grew its stake in D.R. Horton by 70.2% during the 4th quarter. Pensionfund Sabic now owns 9,700 shares of the construction company’s stock valued at $1,356,000 after acquiring an additional 4,000 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in D.R. Horton by 904.4% in the 3rd quarter. Benjamin Edwards Inc. now owns 40,847 shares of the construction company’s stock valued at $7,795,000 after acquiring an additional 36,780 shares during the last quarter. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Down 2.2 %

NYSE:DHI opened at $143.98 on Wednesday. D.R. Horton, Inc. has a 52 week low of $133.02 and a 52 week high of $199.85. The stock’s fifty day moving average is $149.78 and its two-hundred day moving average is $169.31. The stock has a market capitalization of $46.19 billion, a price-to-earnings ratio of 10.18, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75. The company has a quick ratio of 1.61, a current ratio of 6.92 and a debt-to-equity ratio of 0.20.

D.R. Horton (NYSE:DHI) last announced its earnings results 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 company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. D.R. Horton’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the business posted $2.82 EPS. Research analysts anticipate that D.R. Horton, Inc. will post 13.87 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.11%. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the 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 document filed with the SEC, which is available at this link. 0.54% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DHI shares. Raymond James lowered D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Wedbush reaffirmed a “neutral” rating and issued a $180.00 target price on shares of D.R. Horton in a research note on Friday, January 17th. The Goldman Sachs Group lowered their price target on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. JMP Securities restated a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Finally, BTIG Research decreased their target price on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently 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.