D.R. Horton, Inc. (NYSE:DHI) Shares Acquired by Florida Financial Advisors LLC

Florida Financial Advisors LLC increased its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,803 shares of the construction company’s stock after acquiring an additional 363 shares during the period. Florida Financial Advisors LLC’s holdings in D.R. Horton were worth $392,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Insigneo Advisory Services LLC boosted its holdings in D.R. Horton by 1.9% during the third quarter. Insigneo Advisory Services LLC now owns 3,644 shares of the construction company’s stock worth $695,000 after buying an additional 67 shares in the last quarter. Private Trust Co. NA increased its position in shares of D.R. Horton by 1.0% in the third quarter. Private Trust Co. NA now owns 7,620 shares of the construction company’s stock valued at $1,454,000 after buying an additional 78 shares in the last quarter. Allworth Financial LP raised its stake in shares of D.R. Horton by 5.5% during the 4th quarter. Allworth Financial LP now owns 1,561 shares of the construction company’s stock worth $229,000 after buying an additional 82 shares during the period. Secure Asset Management LLC lifted its position in shares of D.R. Horton by 4.8% during the 4th quarter. Secure Asset Management LLC now owns 1,836 shares of the construction company’s stock valued at $257,000 after buying an additional 84 shares in the last quarter. Finally, Horizon Investments LLC grew its stake in D.R. Horton by 1.7% in the 4th quarter. Horizon Investments LLC now owns 5,503 shares of the construction company’s stock valued at $767,000 after acquiring an additional 91 shares during the period. 90.63% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Price Performance

NYSE:DHI opened at $130.49 on Tuesday. The company has a market capitalization of $41.12 billion, a P/E ratio of 9.22, a P/E/G ratio of 0.54 and a beta of 1.80. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 52 week low of $124.23 and a 52 week high of $199.85. The stock’s fifty day moving average is $134.26 and its two-hundred day moving average is $156.43.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the firm posted $2.82 earnings per share. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. Equities analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a $0.40 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.23%. D.R. Horton’s payout ratio is presently 11.31%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on DHI shares. JMP Securities reaffirmed a “market outperform” rating and set a $210.00 price objective on shares of D.R. Horton in a report on Wednesday, January 22nd. Wells Fargo & Company lowered their price objective on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, December 17th. Royal Bank of Canada reissued an “underperform” rating and set a $125.00 target price on shares of D.R. Horton in a report on Wednesday, January 22nd. The Goldman Sachs Group lowered their price target on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Bank of America downgraded D.R. Horton from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $160.00 to $150.00 in a research note on Monday, January 27th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $170.93.

About D.R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.