Guidance Capital Inc. Has $1.77 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Guidance Capital Inc. grew its stake in D.R. Horton, Inc. (NYSE:DHI) by 21.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,377 shares of the construction company’s stock after purchasing an additional 2,146 shares during the quarter. Guidance Capital Inc.’s holdings in D.R. Horton were worth $1,769,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DHI. TCI Wealth Advisors Inc. boosted its position in shares of D.R. Horton by 4.1% in the third quarter. TCI Wealth Advisors Inc. now owns 1,487 shares of the construction company’s stock valued at $284,000 after acquiring an additional 58 shares during the period. Covestor Ltd grew its position in shares of D.R. Horton by 6.6% during the 3rd quarter. Covestor Ltd now owns 1,064 shares of the construction company’s stock worth $203,000 after purchasing an additional 66 shares in the last quarter. Insigneo Advisory Services LLC raised its position in shares of D.R. Horton by 1.9% in the third quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company’s stock valued at $695,000 after buying an additional 67 shares in the last quarter. Azzad Asset Management Inc. ADV boosted its stake in shares of D.R. Horton by 0.8% in the third quarter. Azzad Asset Management Inc. ADV now owns 8,643 shares of the construction company’s stock valued at $1,649,000 after buying an additional 72 shares during the period. Finally, Demars Financial Group LLC grew its position in D.R. Horton by 3.5% during the third quarter. Demars Financial Group LLC now owns 2,197 shares of the construction company’s stock worth $419,000 after buying an additional 74 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Performance

Shares of DHI stock opened at $139.73 on Wednesday. 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, Inc. has a one year low of $133.02 and a one year high of $199.85. The business’s 50 day simple moving average is $147.52 and its 200 day simple moving average is $168.69. The stock has a market capitalization of $44.03 billion, a PE ratio of 9.87, a PEG ratio of 0.60 and a beta of 1.76.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping 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 business 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 earned $2.82 earnings per share. D.R. Horton’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, research analysts forecast that D.R. Horton, Inc. will post 13.05 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend is Friday, February 7th. D.R. Horton’s payout ratio is 11.31%.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DHI shares. Wells Fargo & Company cut their target price on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. UBS Group dropped their target price 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. Evercore ISI decreased their price objective on shares of D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Finally, Bank of America cut D.R. Horton from a “buy” rating to a “neutral” rating and cut their target price for the stock from $160.00 to $150.00 in a research note on Monday, January 27th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average 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.