Catalyst Capital Advisors LLC Acquires Shares of 363 D.R. Horton, Inc. (NYSE:DHI)

Catalyst Capital Advisors LLC acquired a new stake in D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 363 shares of the construction company’s stock, valued at approximately $51,000.

Several other institutional investors also recently bought and sold shares of the company. Sierra Ocean LLC acquired a new position in D.R. Horton in the 4th quarter valued at $43,000. Allworth Financial LP grew its stake in shares of D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company’s stock worth $229,000 after purchasing an additional 82 shares during the period. Principal Securities Inc. grew its stake in shares of D.R. Horton by 4.8% during the 4th quarter. Principal Securities Inc. now owns 11,215 shares of the construction company’s stock worth $1,568,000 after purchasing an additional 515 shares during the period. Aveo Capital Partners LLC grew its stake in shares of D.R. Horton by 111.8% during the 4th quarter. Aveo Capital Partners LLC now owns 7,567 shares of the construction company’s stock worth $1,058,000 after purchasing an additional 3,994 shares during the period. Finally, Myriad Asset Management US LP acquired a new position in shares of D.R. Horton during the 4th quarter worth $2,775,000. 90.63% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on DHI shares. Wedbush reaffirmed a “neutral” rating and set a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. 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. JPMorgan Chase & Co. cut shares of D.R. Horton from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $188.00 to $156.00 in a research note on Friday, December 13th. Bank of America lowered shares of D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $160.00 to $150.00 in a research report on Monday, January 27th. Finally, Barclays decreased their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $170.93.

Insider Activity

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 filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.54% of the company’s stock.

D.R. Horton Price Performance

NYSE:DHI opened at $129.71 on Wednesday. The firm has a market cap of $40.87 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 0.58 and a beta of 1.76. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average is $140.95 and its two-hundred day moving average is $165.57. D.R. Horton, Inc. has a 12-month low of $125.84 and a 12-month high of $199.85.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the company posted $2.82 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. Research analysts expect that D.R. Horton, Inc. will post 13.04 EPS 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 dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. The ex-dividend date was Friday, February 7th. 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.