D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Achmea Investment Management B.V.

Achmea Investment Management B.V. decreased its position in D.R. Horton, Inc. (NYSE:DHI) by 13.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 83,345 shares of the construction company’s stock after selling 13,107 shares during the quarter. Achmea Investment Management B.V.’s holdings in D.R. Horton were worth $11,654,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vestcor Inc lifted its holdings in D.R. Horton by 26.2% in the 4th quarter. Vestcor Inc now owns 16,453 shares of the construction company’s stock valued at $2,300,000 after acquiring an additional 3,416 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of D.R. Horton by 0.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 38,931 shares of the construction company’s stock worth $5,443,000 after purchasing an additional 309 shares in the last quarter. Sequoia Financial Advisors LLC boosted its holdings in D.R. Horton by 11.6% during the fourth quarter. Sequoia Financial Advisors LLC now owns 87,612 shares of the construction company’s stock worth $12,250,000 after buying an additional 9,082 shares in the last quarter. AGF Management Ltd. bought a new stake in D.R. Horton during the fourth quarter worth approximately $308,000. Finally, Citizens Financial Group Inc. RI grew its position in D.R. Horton by 8.1% in the fourth quarter. Citizens Financial Group Inc. RI now owns 8,652 shares of the construction company’s stock worth $1,210,000 after buying an additional 646 shares during the last quarter. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Down 2.7 %

Shares of DHI stock opened at $125.19 on Friday. D.R. Horton, Inc. has a one year low of $124.23 and a one year high of $199.85. 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 stock has a fifty day moving average price of $135.64 and a 200 day moving average price of $159.66. The stock has a market cap of $39.45 billion, a P/E ratio of 8.85, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. The company 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%. The firm’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period last year, the firm earned $2.82 EPS. Analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders 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 1.28%. D.R. Horton’s dividend payout ratio is currently 11.31%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on DHI. JMP Securities reissued a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Barclays dropped their price target on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 22nd. Royal Bank of Canada restated an “underperform” rating and set a $125.00 price objective on shares of D.R. Horton in a report on Wednesday, January 22nd. Wedbush reiterated a “neutral” rating and issued a $180.00 target price on shares of D.R. Horton in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. lowered shares of D.R. Horton from a “neutral” rating to an “underweight” rating and cut their price target for the company from $188.00 to $156.00 in a report on Friday, December 13th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price 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.