D.R. Horton (NYSE:DHI) SVP Sells $43,563.00 in Stock

D.R. Horton, Inc. (NYSE:DHI) SVP Aron Odom sold 260 shares of D.R. Horton stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $167.55, for a total transaction of $43,563.00. Following the sale, the senior vice president owned 6,457 shares in the company, valued at approximately $1,081,870.35. This represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

D.R. Horton Trading Down 1.7%

NYSE DHI traded down $2.82 on Tuesday, hitting $164.96. The company’s stock had a trading volume of 1,007,192 shares, compared to its average volume of 3,550,805. The company’s 50-day moving average is $152.79 and its 200 day moving average is $157.28. The firm has a market cap of $47.79 billion, a PE ratio of 14.98, a PEG ratio of 2.59 and a beta of 1.44. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $184.54. The company has a quick ratio of 0.98, a current ratio of 6.63 and a debt-to-equity ratio of 0.23.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.05. The company had revenue of $6.89 billion for the quarter, compared to analysts’ expectations of $6.66 billion. D.R. Horton had a net margin of 9.95% and a return on equity of 13.51%. D.R. Horton’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.61 earnings per share. As a group, analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton’s dividend payout ratio is currently 16.35%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. BTIG Research set a $182.00 price objective on shares of D.R. Horton in a research report on Wednesday, January 21st. Citigroup cut their price target on shares of D.R. Horton from $163.00 to $154.00 and set a “neutral” rating on the stock in a research report on Thursday, January 8th. Citizens Jmp reiterated a “market perform” rating on shares of D.R. Horton in a report on Wednesday, January 7th. Barclays dropped their price objective on D.R. Horton from $132.00 to $129.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $195.00 target price on shares of D.R. Horton in a research report on Tuesday, January 13th. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $160.29.

Institutional Trading of D.R. Horton

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHI. Concord Wealth Partners bought a new stake in shares of D.R. Horton during the third quarter valued at approximately $25,000. Canton Hathaway LLC acquired a new stake in D.R. Horton in the 3rd quarter valued at $26,000. Steigerwald Gordon & Koch Inc. bought a new stake in D.R. Horton during the 3rd quarter valued at $27,000. Core Wealth Advisors LLC acquired a new position in D.R. Horton during the fourth quarter worth $25,000. Finally, Sound Income Strategies LLC bought a new position in shares of D.R. Horton in the fourth quarter valued at $27,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.