Collier Financial Acquires Shares of 400 D.R. Horton, Inc. (NYSE:DHI)

Collier Financial acquired a new stake in D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 400 shares of the construction company’s stock, valued at approximately $56,000.

Several other hedge funds also recently bought and sold shares of DHI. Coastline Trust Co bought a new position in D.R. Horton in the 3rd quarter valued at $26,000. Golden State Wealth Management LLC bought a new position in shares of D.R. Horton during the 4th quarter worth $30,000. Rakuten Securities Inc. grew its position in shares of D.R. Horton by 216.7% during the 3rd quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock worth $33,000 after buying an additional 117 shares in the last quarter. Rosenberg Matthew Hamilton grew its position in shares of D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after buying an additional 165 shares in the last quarter. Finally, Wolff Wiese Magana LLC grew its position in shares of D.R. Horton by 1,306.7% during the 3rd quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company’s stock worth $40,000 after buying an additional 196 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Up 0.9 %

Shares of NYSE:DHI opened at $130.13 on Tuesday. D.R. Horton, Inc. has a 52-week low of $127.47 and a 52-week high of $199.85. The stock has a market cap of $41.01 billion, a price-to-earnings ratio of 9.20, a PEG ratio of 0.58 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. The business has a 50-day moving average price of $144.87 and a 200-day moving average price of $167.60.

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

D.R. Horton Announces Dividend

The firm also recently disclosed 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. This represents a $1.60 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton’s payout ratio is currently 11.31%.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Evercore ISI dropped their price target on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Keefe, Bruyette & Woods cut D.R. Horton from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $200.00 to $183.00 in a research note on Tuesday, December 10th. BTIG Research decreased their price objective on D.R. Horton from $190.00 to $186.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Wells Fargo & Company decreased their price objective on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Finally, Royal Bank of Canada restated an “underperform” rating and set a $125.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $170.93.

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.