Skopos Labs Inc. Acquires New Shares in D.R. Horton, Inc. (NYSE:DHI)

Skopos Labs Inc. acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,192 shares of the construction company’s stock, valued at approximately $485,000.

Several other large investors also recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new stake in D.R. Horton during the 4th quarter valued at $38,000. Private Wealth Management Group LLC acquired a new position in D.R. Horton in the 4th quarter valued at about $42,000. Silver Oak Securities Incorporated purchased a new position in D.R. Horton in the 3rd quarter valued at about $43,000. Friedenthal Financial acquired a new stake in shares of D.R. Horton during the 4th quarter worth about $47,000. Finally, AdvisorNet Financial Inc grew its holdings in shares of D.R. Horton by 81.8% during the fourth quarter. AdvisorNet Financial Inc now owns 360 shares of the construction company’s stock worth $55,000 after buying an additional 162 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 news, Director Barbara K. Allen sold 363 shares of D.R. Horton stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total value of $53,890.98. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at approximately $838,799. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, Director Barbara K. Allen sold 449 shares of the business’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 transaction of $67,076.11. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at approximately $844,053.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barbara K. Allen sold 363 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total value of $53,890.98. Following the transaction, the director now owns 5,650 shares of the company’s stock, valued at approximately $838,799. The disclosure for this sale can be found here. In the last quarter, insiders sold 27,812 shares of company stock worth $4,330,617. 1.74% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DHI shares. Royal Bank of Canada reduced their price objective on shares of D.R. Horton from $142.00 to $141.00 and set an “underperform” rating on the stock in a research note on Friday, April 19th. StockNews.com cut D.R. Horton from a “buy” rating to a “hold” rating in a report on Thursday. Bank of America dropped their target price on D.R. Horton from $182.00 to $168.00 and set a “buy” rating for the company in a research note on Friday, April 19th. Citigroup decreased their price target on D.R. Horton from $191.00 to $181.00 and set a “buy” rating on the stock in a research note on Friday, May 17th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of D.R. Horton from $172.00 to $178.00 and gave the company an “outperform” rating in a research note on Tuesday, May 7th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, D.R. Horton has a consensus rating of “Moderate Buy” and a consensus price target of $157.82.

D.R. Horton Stock Up 1.3 %

Shares of NYSE:DHI traded up $1.80 during mid-day trading on Friday, hitting $144.62. 1,102,436 shares of the company traded hands, compared to its average volume of 2,356,659. The firm has a market cap of $47.62 billion, a P/E ratio of 9.84, a PEG ratio of 0.71 and a beta of 1.66. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.38 and a current ratio of 7.35. D.R. Horton, Inc. has a 52-week low of $100.08 and a 52-week high of $165.75. The firm’s 50 day simple moving average is $151.44 and its 200 day simple moving average is $146.01.

D.R. Horton (NYSE:DHI) last announced its earnings results on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, beating the consensus estimate of $3.08 by $0.44. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. The business had revenue of $9.11 billion for the quarter, compared to the consensus estimate of $8.15 billion. During the same period last year, the business posted $2.73 EPS. The company’s revenue was up 14.2% on a year-over-year basis. On average, equities analysts anticipate that D.R. Horton, Inc. will post 14.26 EPS for the current year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 0.83%. D.R. Horton’s dividend payout ratio is presently 8.17%.

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.