4,068 Shares in D.R. Horton, Inc. $DHI Acquired by Leonteq Securities AG

Leonteq Securities AG purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,068 shares of the construction company’s stock, valued at approximately $586,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of DHI. Concord Wealth Partners acquired a new position in D.R. Horton during the third quarter worth approximately $25,000. Sound Income Strategies LLC acquired a new position in D.R. Horton during the fourth quarter worth approximately $27,000. Elevated Capital Advisors LLC acquired a new position in D.R. Horton during the fourth quarter worth approximately $27,000. Ameriflex Group Inc. acquired a new position in D.R. Horton during the third quarter worth approximately $31,000. Finally, First Horizon Corp increased its position in D.R. Horton by 81.3% during the fourth quarter. First Horizon Corp now owns 223 shares of the construction company’s stock worth $32,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on DHI. Seaport Research Partners reaffirmed a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Citigroup upped their price target on shares of D.R. Horton from $162.00 to $173.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Royal Bank Of Canada upped their price target on shares of D.R. Horton from $117.00 to $123.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings lowered shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Finally, Argus increased their price objective 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. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $168.54.

D.R. Horton Price Performance

D.R. Horton stock opened at $143.88 on Friday. D.R. Horton, Inc. has a 52-week low of $114.17 and a 52-week high of $184.54. The firm has a fifty day moving average of $143.93 and a 200-day moving average of $149.41. The firm has a market capitalization of $40.80 billion, a P/E ratio of 13.48, a PEG ratio of 2.02 and a beta of 1.41. The company has a quick ratio of 0.97, a current ratio of 6.46 and a debt-to-equity ratio of 0.27.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The company had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.55 billion. During the same quarter in the prior year, the business earned $2.58 earnings per share. The business’s quarterly revenue was down 2.3% compared to the same quarter last year. As a group, analysts predict that D.R. Horton, Inc. will post 10.57 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.3%. D.R. Horton’s dividend payout ratio is presently 16.87%.

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.