Nilsine Partners LLC Has $3.74 Million Stake in D.R. Horton, Inc. (NYSE:DHI)

Nilsine Partners LLC grew its holdings in D.R. Horton, Inc. (NYSE:DHI) by 6.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,742 shares of the construction company’s stock after purchasing an additional 1,628 shares during the quarter. Nilsine Partners LLC’s holdings in D.R. Horton were worth $3,739,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in DHI. Mountaineer Partners Management LLC bought a new position in D.R. Horton in the 3rd quarter worth approximately $1,853,178,000. FMR LLC raised its position in shares of D.R. Horton by 44.7% during the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after acquiring an additional 2,442,581 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new position in shares of D.R. Horton during the third quarter valued at $72,672,000. Nordea Investment Management AB boosted its holdings in D.R. Horton by 112.7% in the fourth quarter. Nordea Investment Management AB now owns 407,512 shares of the construction company’s stock valued at $57,255,000 after acquiring an additional 215,947 shares during the last quarter. Finally, KBC Group NV increased its position in D.R. Horton by 360.0% in the third quarter. KBC Group NV now owns 271,038 shares of the construction company’s stock worth $51,706,000 after purchasing an additional 212,112 shares during the period. Institutional investors own 90.63% of the company’s stock.

Insider Buying and Selling at D.R. Horton

In related news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.54% of the company’s stock.

D.R. Horton Stock Performance

Shares of DHI stock opened at $147.35 on Tuesday. The company has a market capitalization of $47.27 billion, a P/E ratio of 10.41, a price-to-earnings-growth ratio of 0.56 and a beta of 1.75. D.R. Horton, Inc. has a 52 week low of $133.02 and a 52 week high of $199.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.61 and a current ratio of 6.92. The company’s 50 day moving average price is $150.06 and its two-hundred day moving average price is $169.33.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.37 by $0.24. The business had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7,120,170 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm’s revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.82 EPS. On average, analysts expect that D.R. Horton, Inc. will post 13.87 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, February 7th will be given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.09%. The ex-dividend date is Friday, February 7th. D.R. Horton’s dividend payout ratio is presently 11.31%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on DHI shares. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating and reduced their target price for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. Evercore ISI reduced their price objective on shares of D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Wedbush reissued a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. Raymond James cut D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. Finally, StockNews.com raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday. 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $170.20.

D.R. Horton Company 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.