Osmosis Investment Management UK Ltd Buys New Shares in D.R. Horton, Inc. $DHI

Osmosis Investment Management UK Ltd purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,343 shares of the construction company’s stock, valued at approximately $1,033,000.

A number of other hedge funds also recently made changes to their positions in DHI. Integrated Wealth Concepts LLC raised its position in shares of D.R. Horton by 23.4% in the 1st quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company’s stock worth $538,000 after buying an additional 803 shares during the period. Geneos Wealth Management Inc. grew its position in D.R. Horton by 295.5% during the first quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company’s stock valued at $77,000 after acquiring an additional 455 shares during the period. Sivia Capital Partners LLC purchased a new stake in D.R. Horton during the second quarter valued at about $302,000. Brown Advisory Inc. increased its stake in D.R. Horton by 3.4% during the second quarter. Brown Advisory Inc. now owns 6,319 shares of the construction company’s stock worth $815,000 after acquiring an additional 208 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of D.R. Horton by 8.9% in the 2nd quarter. Cerity Partners LLC now owns 34,926 shares of the construction company’s stock worth $4,503,000 after purchasing an additional 2,859 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Trading Up 0.5%

Shares of DHI opened at $149.04 on Tuesday. D.R. Horton, Inc. has a 12 month low of $131.75 and a 12 month high of $184.54. The stock’s 50-day moving average is $151.68 and its two-hundred day moving average is $149.72. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The stock has a market cap of $41.69 billion, a PE ratio of 14.18, a P/E/G ratio of 2.35 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.02 by $0.18. The business had revenue of $9.23 billion during the quarter, compared to analyst estimates of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company’s revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.36 earnings per share. Equities analysts forecast that D.R. Horton, Inc. will post 10.47 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th were given a $0.45 dividend. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $1.80 annualized dividend and a yield of 1.2%. D.R. Horton’s dividend payout ratio (DPR) is 17.13%.

Wall Street Analyst Weigh In

DHI has been the topic of several research analyst reports. Royal Bank Of Canada reaffirmed a “mixed” rating on shares of D.R. Horton in a research note on Wednesday, July 22nd. Zelman & Associates raised shares of D.R. Horton from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 7th. Citigroup restated a “neutral” rating on shares of D.R. Horton in a report on Wednesday, July 22nd. Weiss Ratings upgraded shares of D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of D.R. Horton from $175.00 to $167.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $166.92.

D.R. Horton 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.