D.R. Horton, Inc. $DHI Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its holdings in D.R. Horton, Inc. (NYSE:DHI) by 9.5% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 202,130 shares of the construction company’s stock after selling 21,299 shares during the period. Boston Trust Walden Corp’s holdings in D.R. Horton were worth $27,736,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Merit Financial Group LLC grew its position in shares of D.R. Horton by 25.6% during the fourth quarter. Merit Financial Group LLC now owns 18,298 shares of the construction company’s stock worth $2,635,000 after buying an additional 3,726 shares in the last quarter. Nordea Investment Management AB raised its holdings in D.R. Horton by 41.5% in the fourth quarter. Nordea Investment Management AB now owns 1,239,316 shares of the construction company’s stock valued at $179,428,000 after acquiring an additional 363,573 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in D.R. Horton by 1.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 569,423 shares of the construction company’s stock valued at $82,253,000 after acquiring an additional 9,765 shares in the last quarter. Capital International Sarl boosted its stake in D.R. Horton by 272.1% during the 3rd quarter. Capital International Sarl now owns 23,014 shares of the construction company’s stock valued at $3,900,000 after acquiring an additional 16,829 shares during the last quarter. Finally, AIA Group Ltd grew its holdings in D.R. Horton by 139.8% during the 3rd quarter. AIA Group Ltd now owns 22,511 shares of the construction company’s stock worth $3,815,000 after acquiring an additional 13,125 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $158.45 on Friday. D.R. Horton, Inc. has a twelve month low of $129.11 and a twelve month high of $184.54. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27. The firm has a 50-day moving average of $150.94 and a two-hundred day moving average of $150.25. The company has a market capitalization of $44.93 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 2.22 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.09. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.The company had revenue of $7.56 billion for the quarter, compared to analysts’ expectations of $7.55 billion. During the same quarter in the prior year, the company earned $2.58 earnings per share. The firm’s revenue was down 2.3% on a year-over-year basis. As a group, analysts expect that D.R. Horton, Inc. will post 10.61 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were paid a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 1.1%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio is currently 16.87%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on DHI shares. Citigroup upped their target price on shares of D.R. Horton from $162.00 to $173.00 and gave the company a “neutral” rating in a research note on Thursday, April 23rd. Barclays lifted their price target on D.R. Horton from $128.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 22nd. Truist Financial boosted their price objective on D.R. Horton from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, April 22nd. Wells Fargo & Company increased their target price on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Finally, Seaport Research Partners reiterated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Four research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, D.R. Horton currently has an average rating of “Hold” and a consensus target price of $168.54.

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.