Bfsg LLC Has $68,000 Stake in D.R. Horton, Inc. (NYSE:DHI)

Bfsg LLC boosted its holdings in D.R. Horton, Inc. (NYSE:DHI) by 24.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 484 shares of the construction company’s stock after buying an additional 95 shares during the period. Bfsg LLC’s holdings in D.R. Horton were worth $68,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DHI. Creative Planning grew its stake in shares of D.R. Horton by 18.0% during the third quarter. Creative Planning now owns 44,031 shares of the construction company’s stock worth $8,400,000 after purchasing an additional 6,709 shares during the period. Stratos Wealth Advisors LLC bought a new position in D.R. Horton during the third quarter worth about $244,000. Signaturefd LLC grew its position in shares of D.R. Horton by 9.8% during the 3rd quarter. Signaturefd LLC now owns 10,462 shares of the construction company’s stock worth $1,996,000 after buying an additional 933 shares during the period. Waldron Private Wealth LLC bought a new stake in shares of D.R. Horton in the 3rd quarter valued at about $209,000. Finally, FSC Wealth Advisors LLC acquired a new stake in shares of D.R. Horton in the 3rd quarter valued at approximately $77,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Down 2.4 %

Shares of DHI stock opened at $126.74 on Thursday. The firm’s fifty day moving average price is $140.41 and its two-hundred day moving average price is $165.23. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The firm has a market capitalization of $39.94 billion, a P/E ratio of 8.96, a PEG ratio of 0.55 and a beta of 1.76.

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

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. D.R. Horton’s dividend payout ratio is presently 11.31%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Keefe, Bruyette & Woods cut shares of D.R. Horton from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from $200.00 to $183.00 in a report on Tuesday, December 10th. Royal Bank of Canada restated an “underperform” rating and issued a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 22nd. The Goldman Sachs Group reduced their target price on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a report on Tuesday, January 14th. Bank of America downgraded D.R. Horton from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $160.00 to $150.00 in a report on Monday, January 27th. Finally, Citigroup cut their price objective on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $170.93.

D.R. Horton 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.