D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. trimmed its position in D.R. Horton, Inc. (NYSE:DHI) by 37.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 5,975 shares of the construction company’s stock after selling 3,507 shares during the period. Values First Advisors Inc.’s holdings in D.R. Horton were worth $835,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Mountaineer Partners Management LLC acquired a new position in D.R. Horton in the third quarter valued at approximately $1,853,178,000. FMR LLC increased its stake in D.R. Horton by 44.7% during the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after acquiring an additional 2,442,581 shares during the last quarter. Geode Capital Management LLC raised its position in D.R. Horton by 0.3% in the third quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock valued at $1,351,435,000 after purchasing an additional 21,073 shares during the period. Smead Capital Management Inc. lifted its stake in shares of D.R. Horton by 3.5% in the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock valued at $480,106,000 after purchasing an additional 84,835 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of D.R. Horton by 7.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after purchasing an additional 120,892 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a report on Saturday, January 25th. Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. The Goldman Sachs Group decreased their price target on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. BTIG Research dropped 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. Finally, Citigroup decreased their target price on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a research note on Monday, January 6th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and a consensus target price of $170.93.

Insiders Place Their Bets

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the business’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 legal filing with the Securities & Exchange Commission, which is available at this link. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Price Performance

D.R. Horton stock opened at $130.61 on Wednesday. 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 company has a fifty day simple moving average of $143.40 and a 200-day simple moving average of $166.97. The stock has a market cap of $41.16 billion, a P/E ratio of 9.23, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. D.R. Horton, Inc. has a 12-month low of $127.47 and a 12-month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results 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. 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 in the previous year, the business earned $2.82 EPS. D.R. Horton’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal 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 paid a $0.40 dividend. The ex-dividend date is Friday, February 7th. This represents a $1.60 annualized dividend and a yield of 1.23%. D.R. Horton’s dividend payout ratio is currently 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.