D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Personal CFO Solutions LLC

Personal CFO Solutions LLC lowered its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 61.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,139 shares of the construction company’s stock after selling 3,391 shares during the quarter. Personal CFO Solutions LLC’s holdings in D.R. Horton were worth $299,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mountaineer Partners Management LLC acquired a new position in shares of D.R. Horton in the 3rd quarter valued at $1,853,178,000. FMR LLC increased its holdings in shares of D.R. Horton by 44.7% in the 3rd quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock valued at $1,508,252,000 after acquiring an additional 2,442,581 shares during the period. Raymond James Financial Inc. acquired a new position in shares of D.R. Horton in the 4th quarter valued at $98,720,000. Amundi increased its holdings in shares of D.R. Horton by 69.1% in the 4th quarter. Amundi now owns 1,358,213 shares of the construction company’s stock valued at $190,014,000 after acquiring an additional 555,122 shares during the period. Finally, Zurich Insurance Group Ltd FI acquired a new position in shares of D.R. Horton in the 3rd quarter valued at $72,672,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analysts Set New Price Targets

DHI has been the topic of a number of recent research reports. Bank of America cut shares of D.R. Horton from a “buy” rating to a “neutral” rating and cut their target price for the company from $160.00 to $150.00 in a report on Monday, January 27th. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $200.00 to $183.00 in a research report on Tuesday, December 10th. UBS Group decreased their price target on D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. JMP Securities reissued a “market outperform” rating and issued a $210.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. Finally, Wells Fargo & Company lowered their price target on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 17th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Stock Performance

Shares of NYSE DHI opened at $133.97 on Tuesday. The company has a 50-day simple moving average of $136.26 and a 200-day simple moving average of $160.54. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The company has a market cap of $42.22 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85.

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. The firm had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.82 earnings per share. On average, equities analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current 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 issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.19%. The ex-dividend date was Friday, February 7th. D.R. Horton’s payout ratio is currently 11.31%.

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.