UBS Group Increases D.R. Horton (NYSE:DHI) Price Target to $200.00

D.R. Horton (NYSE:DHI) had its target price hoisted by UBS Group from $192.00 to $200.00 in a research note issued on Friday, Benzinga reports. The brokerage currently has a “buy” rating on the construction company’s stock. UBS Group’s price target indicates a potential upside of 37.07% from the stock’s previous close.

Several other equities research analysts also recently commented on the company. BTIG Research dropped their target price on D.R. Horton from $174.00 to $169.00 and set a “buy” rating on the stock in a report on Tuesday. Wedbush restated an “underperform” rating and set a $130.00 price objective on shares of D.R. Horton in a research note on Thursday. Barclays raised their price objective on D.R. Horton from $166.00 to $186.00 and gave the company an “overweight” rating in a research note on Thursday, April 4th. The Goldman Sachs Group raised their price objective on D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Finally, Seaport Res Ptn lowered D.R. Horton from a “buy” rating to a “neutral” rating in a research report on Monday, January 22nd. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $154.47.

D.R. Horton Stock Performance

D.R. Horton stock opened at $145.91 on Friday. The stock’s 50-day moving average is $151.97 and its 200-day moving average is $138.42. The company has a market cap of $48.42 billion, a price-to-earnings ratio of 10.50, a price-to-earnings-growth ratio of 0.72 and a beta of 1.64. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.56 and a quick ratio of 1.20. D.R. Horton has a 12 month low of $100.08 and a 12 month high of $165.75.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.43. The company had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $8.15 billion. D.R. Horton had a return on equity of 21.06% and a net margin of 13.18%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period last year, the business posted $2.73 EPS. Equities analysts anticipate that D.R. Horton will post 14.24 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Barbara K. Allen sold 449 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, Director Barbara K. Allen sold 449 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $149.39, for a total value of $67,076.11. Following the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $844,053.50. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Barbara K. Allen sold 1,748 shares of D.R. Horton stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the sale, the director now directly owns 5,650 shares in the company, valued at approximately $809,419. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 27,197 shares of company stock valued at $4,225,745. Insiders own 1.74% of the company’s stock.

Institutional Trading of D.R. Horton

Several hedge funds have recently added to or reduced their stakes in the business. Legal Advantage Investments Inc. raised its stake in D.R. Horton by 2.5% during the 4th quarter. Legal Advantage Investments Inc. now owns 3,075 shares of the construction company’s stock valued at $467,000 after acquiring an additional 75 shares in the last quarter. First Hawaiian Bank raised its stake in shares of D.R. Horton by 0.5% in the 1st quarter. First Hawaiian Bank now owns 16,035 shares of the construction company’s stock worth $2,639,000 after buying an additional 75 shares in the last quarter. Wealthsource Partners LLC raised its stake in shares of D.R. Horton by 2.7% in the 4th quarter. Wealthsource Partners LLC now owns 2,926 shares of the construction company’s stock worth $445,000 after buying an additional 78 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in shares of D.R. Horton by 2.2% in the 3rd quarter. SRS Capital Advisors Inc. now owns 3,639 shares of the construction company’s stock worth $391,000 after buying an additional 79 shares in the last quarter. Finally, FineMark National Bank & Trust raised its stake in shares of D.R. Horton by 2.0% in the 3rd quarter. FineMark National Bank & Trust now owns 4,035 shares of the construction company’s stock worth $434,000 after buying an additional 80 shares in the last quarter. Institutional investors own 90.63% of the company’s stock.

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.