Knights of Columbus Asset Advisors LLC Buys 1,055 Shares of D.R. Horton, Inc. (NYSE:DHI)

Knights of Columbus Asset Advisors LLC lifted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.6% in the 4th quarter, Holdings Channel reports. The fund owned 65,680 shares of the construction company’s stock after acquiring an additional 1,055 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in D.R. Horton were worth $9,183,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in DHI. Golden State Wealth Management LLC acquired a new position in D.R. Horton during the fourth quarter worth $30,000. Rosenberg Matthew Hamilton boosted its holdings in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after purchasing an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in D.R. Horton during the fourth quarter worth $38,000. Sierra Ocean LLC acquired a new position in D.R. Horton during the fourth quarter worth $43,000. Finally, FSA Wealth Management LLC acquired a new position in D.R. Horton during the third quarter worth $47,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Price Performance

NYSE DHI opened at $128.77 on Friday. The company has a market cap of $40.58 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $134.42 and its two-hundred day simple moving average is $157.19.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the prior year, the business posted $2.82 earnings per share. The company’s revenue was down 1.5% on a year-over-year basis. Research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is 11.31%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Barclays reduced their target price on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a report on Wednesday, January 22nd. Wedbush reiterated a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. Keefe, Bruyette & Woods cut shares of D.R. Horton from an “outperform” rating to a “market perform” rating and cut their price target for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. JPMorgan Chase & Co. cut shares of D.R. Horton from a “neutral” rating to an “underweight” rating and cut their price target for the company from $188.00 to $156.00 in a research note on Friday, December 13th. Finally, StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $170.93.

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.