William Allan Corp Buys 387 Shares of D.R. Horton, Inc. (NYSE:DHI)

William Allan Corp increased its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 27,882 shares of the construction company’s stock after buying an additional 387 shares during the quarter. D.R. Horton comprises approximately 2.4% of William Allan Corp’s investment portfolio, making the stock its 18th biggest position. William Allan Corp’s holdings in D.R. Horton were worth $3,898,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DHI. Czech National Bank boosted its holdings in shares of D.R. Horton by 5.8% during the 3rd 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 in the last quarter. Brookstone Capital Management boosted its stake in shares of D.R. Horton by 13.4% during the third quarter. Brookstone Capital Management now owns 14,935 shares of the construction company’s stock valued at $2,849,000 after purchasing an additional 1,767 shares in the last quarter. Wedmont Private Capital grew its holdings in shares of D.R. Horton by 6.0% during the third quarter. Wedmont Private Capital now owns 7,611 shares of the construction company’s stock worth $1,409,000 after purchasing an additional 433 shares during the last quarter. Sanibel Captiva Trust Company Inc. increased its stake in shares of D.R. Horton by 17.9% in the third quarter. Sanibel Captiva Trust Company Inc. now owns 6,350 shares of the construction company’s stock valued at $1,211,000 after buying an additional 965 shares during the period. Finally, Pensionfund Sabic bought a new position in D.R. Horton in the 3rd quarter valued at approximately $1,087,000. Institutional investors own 90.63% of the company’s stock.

Insider Activity at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the company’s stock in a transaction on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. 0.54% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

DHI has been the subject of several recent research reports. Bank of America cut shares of D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price target for the company from $160.00 to $150.00 in a research report on Monday, January 27th. JPMorgan Chase & Co. lowered D.R. Horton from a “neutral” rating to an “underweight” rating and lowered their target price for the stock from $188.00 to $156.00 in a research report on Friday, December 13th. BTIG Research reduced their price target on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. UBS Group lowered their price objective on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Finally, Evercore ISI reduced their target price on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Trading Down 2.1 %

NYSE:DHI opened at $136.00 on Friday. D.R. Horton, Inc. has a 12 month low of $133.02 and a 12 month high of $199.85. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $42.86 billion, a price-to-earnings ratio of 9.61, a PEG ratio of 0.60 and a beta of 1.76. The firm has a fifty day simple moving average of $146.33 and a two-hundred day simple moving average of $168.24.

D.R. Horton (NYSE:DHI) last issued its 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. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period last year, the business posted $2.82 EPS. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. Analysts expect that D.R. Horton, Inc. will post 13.05 EPS 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 issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.18%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton’s dividend payout ratio is currently 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.