D.R. Horton, Inc. $DHI Stock Position Increased by Capital International Inc. CA

Capital International Inc. CA grew its position in D.R. Horton, Inc. (NYSE:DHI) by 173.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 169,003 shares of the construction company’s stock after purchasing an additional 107,135 shares during the period. Capital International Inc. CA owned approximately 0.06% of D.R. Horton worth $28,641,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Concord Wealth Partners acquired a new position in shares of D.R. Horton during the third quarter worth approximately $25,000. Canton Hathaway LLC acquired a new stake in D.R. Horton in the 3rd quarter valued at approximately $26,000. Steigerwald Gordon & Koch Inc. bought a new stake in D.R. Horton during the 3rd quarter valued at $27,000. Twin Peaks Wealth Advisors LLC acquired a new position in D.R. Horton during the 2nd quarter worth $29,000. Finally, Ameriflex Group Inc. acquired a new position in D.R. Horton during the 3rd quarter worth $31,000. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of D.R. Horton stock opened at $145.27 on Wednesday. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54. The company has a current ratio of 6.63, a quick ratio of 0.98 and a debt-to-equity ratio of 0.23. The stock has a market cap of $42.09 billion, a PE ratio of 13.19, a price-to-earnings-growth ratio of 2.28 and a beta of 1.43. The company’s 50-day moving average price is $155.15 and its two-hundred day moving average price is $156.97.

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

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, February 5th were issued a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Thursday, February 5th. D.R. Horton’s dividend payout ratio (DPR) is presently 16.35%.

Analysts Set New Price Targets

A number of research analysts have recently commented on DHI shares. Weiss Ratings reissued a “hold (c+)” rating on shares of D.R. Horton in a report on Monday, December 29th. The Goldman Sachs Group reiterated a “buy” rating and issued a $195.00 target price on shares of D.R. Horton in a research report on Tuesday, January 13th. Argus boosted their price target on shares of D.R. Horton from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Truist Financial set a $155.00 price target on shares of D.R. Horton and gave the stock a “hold” rating in a research note on Tuesday, March 3rd. Finally, Citizens Jmp reiterated a “market perform” rating on shares of D.R. Horton in a research note on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $159.93.

Insider Transactions at D.R. Horton

In other D.R. Horton news, SVP Aron M. Odom sold 260 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $167.55, for a total value of $43,563.00. Following the transaction, the senior vice president owned 6,457 shares of the company’s stock, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.66% of the company’s stock.

About D.R. Horton

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.