denkapparat Operations GmbH Takes $243,000 Position in D.R. Horton, Inc. (NYSE:DHI)

denkapparat Operations GmbH purchased a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,736 shares of the construction company’s stock, valued at approximately $243,000.

Several other large investors have also recently bought and sold shares of the business. Mountaineer Partners Management LLC purchased a new position in D.R. Horton during the 3rd quarter valued at about $1,853,178,000. Norges Bank acquired a new stake in shares of D.R. Horton during the fourth quarter worth approximately $593,363,000. Raymond James Financial Inc. purchased a new position in D.R. Horton during the fourth quarter valued at approximately $98,720,000. Amundi increased its stake in D.R. Horton by 69.1% in the 4th quarter. Amundi now owns 1,358,213 shares of the construction company’s stock valued at $190,014,000 after buying an additional 555,122 shares during the period. Finally, Zurich Insurance Group Ltd FI acquired a new stake in shares of D.R. Horton during the 3rd quarter valued at $72,672,000. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Stock Performance

DHI opened at $125.87 on Friday. 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 stock’s 50 day moving average price is $132.91 and its two-hundred day moving average price is $155.24. The firm has a market capitalization of $39.66 billion, a P/E ratio of 8.90, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a 12-month low of $124.23 and a 12-month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. The business had revenue of $7.61 billion for 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%. D.R. Horton’s quarterly revenue was down 1.5% on a year-over-year basis. During the same quarter last year, the company posted $2.82 earnings per share. On average, equities analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Friday, February 7th. D.R. Horton’s payout ratio is presently 11.31%.

Analyst Ratings Changes

DHI has been the topic of a number of research reports. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $125.00 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 report on Saturday, January 25th. Bank of America lowered D.R. Horton from a “buy” rating to a “neutral” rating and reduced their price target for the company from $160.00 to $150.00 in a report on Monday, January 27th. Keefe, Bruyette & Woods downgraded D.R. Horton from an “outperform” rating to a “market perform” rating and dropped their price objective for the stock from $200.00 to $183.00 in a report on Tuesday, December 10th. Finally, Barclays decreased 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 research report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and a consensus price target 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.