B. Metzler seel. Sohn & Co. AG Boosts Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

B. Metzler seel. Sohn & Co. AG raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 60.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,690 shares of the construction company’s stock after acquiring an additional 5,535 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in D.R. Horton were worth $2,054,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in D.R. Horton by 7.3% during the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after purchasing an additional 120,892 shares during the period. Public Sector Pension Investment Board raised its position in shares of D.R. Horton by 10.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 12,352 shares of the construction company’s stock valued at $2,356,000 after buying an additional 1,200 shares during the period. Atom Investors LP purchased a new position in D.R. Horton in the third quarter worth approximately $274,000. Ascent Group LLC acquired a new stake in D.R. Horton during the third quarter worth $215,000. Finally, Hilltop Holdings Inc. raised its position in D.R. Horton by 119.5% in the third quarter. Hilltop Holdings Inc. now owns 6,999 shares of the construction company’s stock valued at $1,335,000 after purchasing an additional 3,811 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DHI. UBS Group lowered their price target on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. JMP Securities reiterated a “market outperform” rating and set a $210.00 price target on shares of D.R. Horton in a research report on Wednesday, January 22nd. Seaport Res Ptn upgraded shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 6th. Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. Finally, StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research note on Saturday, January 25th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $170.93.

D.R. Horton Stock Up 0.5 %

DHI stock opened at $128.07 on Thursday. D.R. Horton, Inc. has a fifty-two week low of $123.40 and a fifty-two week high of $199.85. The company’s 50 day moving average price is $131.79 and its 200 day moving average price is $153.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The firm has a market capitalization of $40.36 billion, a price-to-earnings ratio of 9.05, a PEG ratio of 0.54 and a beta of 1.80.

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

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.25%. D.R. Horton’s dividend payout ratio is currently 11.31%.

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.