D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by Childress Capital Advisors LLC

Childress Capital Advisors LLC boosted its holdings in D.R. Horton, Inc. (NYSE:DHI) by 9.6% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,650 shares of the construction company’s stock after purchasing an additional 144 shares during the quarter. Childress Capital Advisors LLC’s holdings in D.R. Horton were worth $231,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Algert Global LLC boosted its position in shares of D.R. Horton by 11.4% in the 2nd quarter. Algert Global LLC now owns 2,730 shares of the construction company’s stock valued at $385,000 after purchasing an additional 280 shares during the period. Czech National Bank boosted its holdings in shares of D.R. Horton by 5.8% in the third quarter. Czech National Bank now owns 59,776 shares of the construction company’s stock valued at $11,403,000 after acquiring an additional 3,297 shares during the period. GAMMA Investing LLC grew its position in shares of D.R. Horton by 24.1% during the third quarter. GAMMA Investing LLC now owns 4,241 shares of the construction company’s stock worth $809,000 after acquiring an additional 823 shares during the last quarter. Azzad Asset Management Inc. ADV increased its holdings in shares of D.R. Horton by 0.8% in the 3rd quarter. Azzad Asset Management Inc. ADV now owns 8,643 shares of the construction company’s stock valued at $1,649,000 after acquiring an additional 72 shares during the period. Finally, Miracle Mile Advisors LLC raised its position in D.R. Horton by 2.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 7,049 shares of the construction company’s stock valued at $1,345,000 after purchasing an additional 138 shares during the last quarter. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Barbara K. Allen sold 5,650 shares of the business’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

DHI has been the topic of several research reports. Barclays lowered their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. JPMorgan Chase & Co. cut D.R. Horton from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $188.00 to $156.00 in a research report on Friday, December 13th. Raymond James downgraded D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Royal Bank of Canada restated an “underperform” rating and set a $125.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $170.93.

D.R. Horton Trading Up 1.6 %

Shares of D.R. Horton stock opened at $139.73 on Wednesday. The firm has a market cap of $44.03 billion, a PE ratio of 9.87, a P/E/G ratio of 0.60 and a beta of 1.76. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a fifty-two week low of $133.02 and a fifty-two week high of $199.85. The business’s fifty day moving average is $147.52 and its two-hundred day moving average is $168.69.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results 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 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%. The firm’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.82 EPS. Analysts anticipate that D.R. Horton, Inc. will post 13.05 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.15%. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

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.