Brave Warrior Advisors LLC Has $120.10 Million Stock Holdings in D.R. Horton, Inc. $DHI

Brave Warrior Advisors LLC trimmed its stake in D.R. Horton, Inc. (NYSE:DHI) by 38.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 708,681 shares of the construction company’s stock after selling 447,591 shares during the quarter. D.R. Horton makes up about 2.8% of Brave Warrior Advisors LLC’s portfolio, making the stock its 15th biggest holding. Brave Warrior Advisors LLC’s holdings in D.R. Horton were worth $120,100,000 as of its most recent filing with the Securities & Exchange Commission.

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

D.R. Horton Stock Performance

NYSE DHI opened at $140.45 on Friday. The company has a quick ratio of 0.98, a current ratio of 6.63 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $40.69 billion, a P/E ratio of 12.76, a P/E/G ratio of 2.17 and a beta of 1.43. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $184.54. The firm has a 50-day moving average price of $154.91 and a two-hundred day moving average price of $156.46.

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

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Shareholders of record on Thursday, February 5th were paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Thursday, February 5th. D.R. Horton’s dividend payout ratio (DPR) is 16.35%.

Insider Buying and Selling

In other D.R. Horton news, SVP Aron M. Odom sold 260 shares of D.R. Horton 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 completion of the transaction, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,081,870.35. The trade was a 3.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.66% of the stock is currently owned by company insiders.

Analyst Ratings Changes

DHI has been the topic of a number of research analyst reports. Keefe, Bruyette & Woods reaffirmed a “reduce” rating on shares of D.R. Horton in a report on Tuesday, January 27th. Evercore boosted their price target on D.R. Horton from $167.00 to $169.00 and gave the stock an “in-line” rating in a research report on Wednesday, January 21st. UBS Group restated a “buy” rating on shares of D.R. Horton in a research note on Thursday. BTIG Research set a $182.00 price objective on D.R. Horton in a research report on Wednesday, January 21st. Finally, Citizens Jmp reiterated a “market perform” rating on shares of D.R. Horton in a research note on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $159.93.

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.