Weaver Capital Management LLC Increases Stock Position in D.R. Horton, Inc. (NYSE:DHI)

Weaver Capital Management LLC boosted its stake in D.R. Horton, Inc. (NYSE:DHI) by 3.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,994 shares of the construction company’s stock after purchasing an additional 152 shares during the quarter. Weaver Capital Management LLC’s holdings in D.R. Horton were worth $698,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Algert Global LLC raised its stake in shares of D.R. Horton by 11.4% during the second quarter. Algert Global LLC now owns 2,730 shares of the construction company’s stock worth $385,000 after acquiring an additional 280 shares in the last quarter. Czech National Bank raised its stake in shares of D.R. Horton by 5.8% during the third quarter. Czech National Bank now owns 59,776 shares of the construction company’s stock worth $11,403,000 after acquiring an additional 3,297 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of D.R. Horton by 24.1% during the third quarter. GAMMA Investing LLC now owns 4,241 shares of the construction company’s stock worth $809,000 after acquiring an additional 823 shares in the last quarter. Azzad Asset Management Inc. ADV raised its stake in shares of D.R. Horton by 0.8% during the third quarter. Azzad Asset Management Inc. ADV now owns 8,643 shares of the construction company’s stock worth $1,649,000 after acquiring an additional 72 shares in the last quarter. Finally, Miracle Mile Advisors LLC raised its stake in shares of D.R. Horton by 2.0% during the third quarter. Miracle Mile Advisors LLC now owns 7,049 shares of the construction company’s stock worth $1,345,000 after acquiring an additional 138 shares in the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Barbara K. Allen sold 5,650 shares of the company’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.54% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have commented on DHI shares. Wedbush reissued a “neutral” rating and set a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. The Goldman Sachs Group decreased their target price on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. BTIG Research decreased their target price on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Raymond James downgraded shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. Finally, Evercore ISI decreased their target price 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. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $139.73 on Wednesday. The stock has a market cap of $44.03 billion, a price-to-earnings ratio of 9.87, a PEG ratio of 0.60 and a beta of 1.76. The firm’s 50-day moving average is $147.52 and its 200 day moving average is $168.69. D.R. Horton, Inc. has a 1 year low of $133.02 and a 1 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.

D.R. Horton (NYSE:DHI) last issued 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 return on equity of 18.48% and a net margin of 12.69%. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the previous year, the firm earned $2.82 EPS. D.R. Horton’s revenue was down 1.5% on a year-over-year basis. Sell-side analysts anticipate that D.R. Horton, Inc. will post 13.05 EPS for the current fiscal year.

D.R. Horton Announces Dividend

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