Mizuho Securities USA LLC Has $3.86 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Mizuho Securities USA LLC grew its position in D.R. Horton, Inc. (NYSE:DHI) by 45.3% during the 4th quarter, HoldingsChannel reports. The firm owned 27,639 shares of the construction company’s stock after purchasing an additional 8,611 shares during the quarter. Mizuho Securities USA LLC’s holdings in D.R. Horton were worth $3,864,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of DHI. Principal Financial Group Inc. raised its holdings in D.R. Horton by 7.3% in the third 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. Raymond James Trust N.A. raised its holdings in D.R. Horton by 7.3% in the third quarter. Raymond James Trust N.A. now owns 11,002 shares of the construction company’s stock worth $2,099,000 after purchasing an additional 750 shares during the period. Great Valley Advisor Group Inc. increased its position in shares of D.R. Horton by 34.9% during the third quarter. Great Valley Advisor Group Inc. now owns 22,559 shares of the construction company’s stock worth $4,304,000 after acquiring an additional 5,842 shares in the last quarter. Cerity Partners LLC increased its position in shares of D.R. Horton by 30.1% during the third quarter. Cerity Partners LLC now owns 32,429 shares of the construction company’s stock worth $6,187,000 after acquiring an additional 7,496 shares in the last quarter. Finally, Algert Global LLC increased its position in shares of D.R. Horton by 745.1% during the third quarter. Algert Global LLC now owns 23,071 shares of the construction company’s stock worth $4,401,000 after acquiring an additional 20,341 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Stock Performance

Shares of DHI opened at $128.77 on Monday. The firm has a 50-day moving average of $134.42 and a 200-day moving average of $156.80. D.R. Horton, Inc. has a one year low of $124.23 and a one year high of $199.85. The company has a market cap of $40.58 billion, a PE ratio of 9.10, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the firm posted $2.82 EPS. The company’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, equities analysts forecast that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio is presently 11.31%.

Analysts Set New Price Targets

DHI has been the subject of several research reports. Bank of America downgraded shares of D.R. Horton from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $160.00 to $150.00 in a research report on Monday, January 27th. JMP Securities reissued a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. Citigroup lowered their price objective on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Keefe, Bruyette & Woods downgraded shares of D.R. Horton from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $200.00 to $183.00 in a research report on Tuesday, December 10th. Finally, UBS Group lowered their price objective on shares of 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. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $170.93.

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.