D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Aigen Investment Management LP

Aigen Investment Management LP trimmed its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,310 shares of the construction company’s stock after selling 81 shares during the period. Aigen Investment Management LP’s holdings in D.R. Horton were worth $655,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in DHI. SteelPeak Wealth LLC acquired a new stake in D.R. Horton in the third quarter valued at $218,000. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in D.R. Horton during the third quarter worth approximately $262,000. US Bancorp DE boosted its holdings in D.R. Horton by 6.2% in the third quarter. US Bancorp DE now owns 131,626 shares of the construction company’s stock valued at $14,146,000 after purchasing an additional 7,650 shares in the last quarter. Syon Capital LLC purchased a new position in D.R. Horton in the third quarter valued at approximately $400,000. Finally, Capula Management Ltd acquired a new stake in D.R. Horton during the third quarter worth approximately $451,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Stock Down 0.0 %

Shares of NYSE DHI opened at $144.56 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. The firm’s 50-day moving average is $151.73 and its two-hundred day moving average is $145.84. D.R. Horton, Inc. has a 12-month low of $100.08 and a 12-month high of $165.75. The company has a market capitalization of $47.61 billion, a PE ratio of 9.85, a price-to-earnings-growth ratio of 0.74 and a beta of 1.66.

D.R. Horton (NYSE:DHI) last posted its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.44. The firm had revenue of $9.11 billion for the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a return on equity of 21.32% and a net margin of 13.39%. D.R. Horton’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.73 EPS. Equities analysts anticipate that D.R. Horton, Inc. will post 14.26 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 9th. Investors of record on Thursday, May 2nd were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend was Wednesday, May 1st. D.R. Horton’s payout ratio is 8.17%.

Insider Buying and Selling at D.R. Horton

In other news, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the sale, the insider now directly owns 773,121 shares in the company, valued at $120,862,005.93. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Michael R. Buchanan sold 2,000 shares of the stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $150.70, for a total transaction of $301,400.00. Following the transaction, the director now directly owns 1,703 shares in the company, valued at $256,642.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction dated 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 completion of the sale, the insider now owns 773,121 shares of the company’s stock, valued at approximately $120,862,005.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 27,812 shares of company stock worth $4,330,617. Corporate insiders own 1.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on DHI shares. JMP Securities increased their target price on shares of D.R. Horton from $140.00 to $170.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 24th. Barclays cut their target price on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a research report on Friday, April 19th. UBS Group raised their price target on D.R. Horton from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Jefferies Financial Group boosted their price objective on D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a research note on Friday, April 19th. Finally, Wedbush restated an “underperform” rating and set a $130.00 target price on shares of D.R. Horton in a research report on Thursday, April 18th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, D.R. Horton currently has a consensus rating of “Moderate Buy” and an average target price of $157.82.

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.