TD Private Client Wealth LLC Sells 95 Shares of D.R. Horton, Inc. (NYSE:DHI)

TD Private Client Wealth LLC reduced its holdings in D.R. Horton, Inc. (NYSE:DHI) by 7.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,117 shares of the construction company’s stock after selling 95 shares during the quarter. TD Private Client Wealth LLC’s holdings in D.R. Horton were worth $156,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new stake in D.R. Horton in the 4th quarter valued at about $30,000. Rosenberg Matthew Hamilton grew its stake in D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after acquiring an additional 165 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in shares of D.R. Horton during the fourth quarter valued at approximately $38,000. Sierra Ocean LLC acquired a new position in shares of D.R. Horton during the fourth quarter worth approximately $43,000. Finally, FSA Wealth Management LLC bought a new position in shares of D.R. Horton in the 3rd quarter worth $47,000. 90.63% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have weighed in on DHI. Wells Fargo & Company lowered their price objective on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, December 17th. The Goldman Sachs Group lowered their target price on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. JMP Securities reiterated a “market outperform” rating and set a $210.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. StockNews.com raised D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Finally, Barclays cut their target price on 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. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Trading Down 0.6 %

Shares of D.R. Horton stock opened at $129.55 on Wednesday. The firm has a market cap of $40.82 billion, a PE ratio of 9.16, a P/E/G ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The stock has a fifty day moving average price of $134.00 and a 200-day moving average price of $156.03.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. The business had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the company posted $2.82 earnings per share. Equities research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

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

About D.R. Horton

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.