Fidelis Capital Partners LLC Buys 364 Shares of D.R. Horton, Inc. (NYSE:DHI)

Fidelis Capital Partners LLC boosted its stake in D.R. Horton, Inc. (NYSE:DHI) by 11.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,641 shares of the construction company’s stock after acquiring an additional 364 shares during the period. Fidelis Capital Partners LLC’s holdings in D.R. Horton were worth $553,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Clear Street Markets LLC acquired a new stake in D.R. Horton during the 4th quarter worth about $28,000. Fairfield Bush & CO. acquired a new stake in shares of D.R. Horton during the 1st quarter worth approximately $28,000. Mascoma Wealth Management LLC increased its stake in D.R. Horton by 345.6% in the third quarter. Mascoma Wealth Management LLC now owns 303 shares of the construction company’s stock valued at $33,000 after purchasing an additional 235 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in D.R. Horton in the third quarter valued at approximately $33,000. Finally, Oakworth Capital Inc. acquired a new position in shares of D.R. Horton during the fourth quarter worth approximately $38,000. Institutional investors own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Keefe, Bruyette & Woods lowered their target price on shares of D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a report on Wednesday, January 24th. BTIG Research dropped their price target on D.R. Horton from $174.00 to $169.00 and set a “buy” rating on the stock in a report on Tuesday. Royal Bank of Canada raised their target price on D.R. Horton from $116.00 to $142.00 and gave the company an “underperform” rating in a research report on Monday, January 22nd. The Goldman Sachs Group boosted their price target on shares of D.R. Horton from $150.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Finally, Jefferies Financial Group raised their price objective on shares of D.R. Horton from $141.00 to $153.00 and gave the stock a “hold” rating in a report on Friday. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $155.88.

D.R. Horton Trading Down 1.7 %

DHI stock traded down $2.45 during trading on Friday, reaching $143.43. The company had a trading volume of 714,403 shares, compared to its average volume of 2,544,486. The business has a 50 day moving average of $151.97 and a 200 day moving average of $138.42. The company has a debt-to-equity ratio of 0.22, a current ratio of 6.56 and a quick ratio of 1.20. The company has a market cap of $47.59 billion, a P/E ratio of 10.32, a PEG ratio of 0.72 and a beta of 1.64. D.R. Horton, Inc. has a 52 week low of $100.08 and a 52 week high of $165.75.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.44. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $8.15 billion. D.R. Horton had a return on equity of 21.06% and a net margin of 13.18%. The firm’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter last year, the business posted $2.73 EPS. As a group, sell-side analysts forecast that D.R. Horton, Inc. will post 14.24 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.84%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton’s dividend payout ratio (DPR) is presently 8.63%.

Insider Buying and Selling at D.R. Horton

In related news, Director Barbara K. Allen sold 1,748 shares of the company’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $143.26, for a total value of $250,418.48. Following the sale, the director now owns 5,650 shares in the company, valued at approximately $809,419. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Barbara K. Allen sold 1,748 shares of the company’s stock in a transaction dated Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the transaction, the director now owns 5,650 shares in the company, valued at approximately $809,419. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider David V. Auld sold 25,000 shares of the stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total value of $3,908,250.00. Following the sale, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,197 shares of company stock valued at $4,225,745. Corporate insiders own 1.74% of the company’s stock.

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.