D.R. Horton, Inc. (NYSE:DHI) Stock Holdings Trimmed by Woodson Capital Management LP

Woodson Capital Management LP reduced its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 25.0% during the third quarter, Holdings Channel.com reports. The firm owned 33,000 shares of the construction company’s stock after selling 11,000 shares during the period. D.R. Horton accounts for about 1.2% of Woodson Capital Management LP’s portfolio, making the stock its 26th biggest position. Woodson Capital Management LP’s holdings in D.R. Horton were worth $6,295,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. B. Riley Wealth Advisors Inc. increased its position in shares of D.R. Horton by 20.8% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 7,539 shares of the construction company’s stock valued at $1,241,000 after purchasing an additional 1,296 shares during the period. Citizens Financial Group Inc. RI grew its stake in shares of D.R. Horton by 52.0% in the 1st quarter. Citizens Financial Group Inc. RI now owns 2,053 shares of the construction company’s stock worth $338,000 after purchasing an additional 702 shares during the last quarter. Sanibel Captiva Trust Company Inc. acquired a new position in D.R. Horton in the first quarter worth approximately $440,000. Swedbank AB acquired a new position in shares of D.R. Horton in the 1st quarter valued at $29,541,000. Finally, Cetera Investment Advisers lifted its stake in D.R. Horton by 141.5% during the first quarter. Cetera Investment Advisers now owns 75,903 shares of the construction company’s stock valued at $12,490,000 after buying an additional 44,468 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.74% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research firms have weighed in on DHI. BTIG Research lowered their price objective on shares of 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. Evercore ISI reduced their price objective on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating for the company in a research note on Wednesday, October 30th. JPMorgan Chase & Co. raised their price target on shares of D.R. Horton from $180.00 to $188.00 and gave the stock a “neutral” rating in a report on Monday, November 4th. Raymond James lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. Finally, UBS Group lowered their price target on shares of D.R. Horton from $217.00 to $214.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $185.87.

D.R. Horton Price Performance

Shares of NYSE:DHI opened at $169.43 on Friday. The business’s 50 day moving average is $177.75 and its 200-day moving average is $167.91. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $54.42 billion, a PE ratio of 11.80, a PEG ratio of 0.62 and a beta of 1.74. D.R. Horton, Inc. has a 1-year low of $125.28 and a 1-year high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, October 29th. The construction company reported $3.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.17 by ($0.25). The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.22 billion. D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The company’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same period last year, the firm earned $4.45 EPS. Sell-side analysts predict that D.R. Horton, Inc. will post 14.4 earnings per share for the current year.

D.R. Horton Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were paid a $0.40 dividend. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.30. This represents a $1.60 annualized dividend and a dividend yield of 0.94%. The ex-dividend date was Tuesday, November 12th. D.R. Horton’s dividend payout ratio is currently 11.14%.

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.