Amundi Boosts Holdings in D.R. Horton, Inc. (NYSE:DHI)

Amundi raised its position in D.R. Horton, Inc. (NYSE:DHI) by 69.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,358,213 shares of the construction company’s stock after acquiring an additional 555,122 shares during the period. Amundi owned approximately 0.43% of D.R. Horton worth $190,014,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in DHI. Coastline Trust Co acquired a new stake in D.R. Horton in the third quarter valued at about $26,000. Rakuten Securities Inc. boosted its stake in shares of D.R. Horton by 216.7% in the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock valued at $33,000 after buying an additional 117 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in D.R. Horton in the fourth quarter worth $30,000. FSA Wealth Management LLC acquired a new stake in D.R. Horton in the third quarter valued at $47,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of D.R. Horton during the 3rd quarter worth $50,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

D.R. Horton stock opened at $133.42 on Monday. The firm’s 50-day moving average is $136.37 and its two-hundred day moving average is $160.90. 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 market capitalization of $42.04 billion, a P/E ratio of 9.43, a P/E/G 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 announced 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. The business had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.82 earnings per share. Equities analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

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. The ex-dividend date was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.20%. D.R. Horton’s dividend payout ratio is presently 11.31%.

Wall Street Analysts Forecast Growth

DHI has been the subject of several recent analyst reports. JMP Securities reiterated a “market outperform” rating and issued a $210.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Citigroup reduced their price target on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research report on Monday, January 6th. Wedbush restated a “neutral” rating and issued a $180.00 price target on shares of D.R. Horton in a report on Friday, January 17th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $125.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. Finally, StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Saturday, January 25th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $170.93.

About D.R. Horton

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.