denkapparat Operations GmbH Takes Position in D.R. Horton, Inc. (NYSE:DHI)

denkapparat Operations GmbH acquired a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 1,736 shares of the construction company’s stock, valued at approximately $243,000.

A number of other large investors have also recently bought and sold shares of the business. Mountaineer Partners Management LLC acquired a new stake in shares of D.R. Horton during the 3rd quarter worth approximately $1,853,178,000. Norges Bank acquired a new stake in D.R. Horton in the fourth quarter worth $593,363,000. Raymond James Financial Inc. bought a new stake in D.R. Horton in the fourth quarter valued at $98,720,000. Amundi boosted its holdings in shares of D.R. Horton by 69.1% during the fourth quarter. Amundi now owns 1,358,213 shares of the construction company’s stock valued at $190,014,000 after acquiring an additional 555,122 shares during the period. Finally, Zurich Insurance Group Ltd FI bought a new position in shares of D.R. Horton during the third quarter worth about $72,672,000. Institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on DHI. UBS Group reduced their target price on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research note on Wednesday, January 8th. Wells Fargo & Company decreased their price objective on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Barclays cut their target price 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. The Goldman Sachs Group decreased their price target on D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Finally, StockNews.com upgraded shares of 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 assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $170.93.

D.R. Horton Stock Down 3.2 %

NYSE DHI opened at $125.87 on Friday. D.R. Horton, Inc. has a 12 month low of $124.23 and a 12 month high of $199.85. The company has a market capitalization of $39.66 billion, a P/E ratio of 8.90, a PEG ratio of 0.54 and a beta of 1.80. The company’s 50 day simple moving average is $132.91 and its 200 day simple moving average is $155.24. 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 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 company 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 company’s quarterly revenue was down 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.82 EPS. Equities research analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued 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 yield of 1.27%. D.R. Horton’s payout ratio is presently 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.