NEOS Investment Management LLC Acquires 3,729 Shares of D.R. Horton, Inc. (NYSE:DHI)

NEOS Investment Management LLC lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 30.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 16,167 shares of the construction company’s stock after acquiring an additional 3,729 shares during the period. NEOS Investment Management LLC’s holdings in D.R. Horton were worth $2,260,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Mountaineer Partners Management LLC bought a new position in D.R. Horton during the third quarter worth about $1,853,178,000. Raymond James Financial Inc. acquired a new position in shares of D.R. Horton in the 4th quarter worth approximately $98,720,000. Amundi lifted its position in shares of D.R. Horton by 69.1% during the 4th quarter. Amundi now owns 1,358,213 shares of the construction company’s stock worth $190,014,000 after buying an additional 555,122 shares during the period. Zurich Insurance Group Ltd FI acquired a new stake in D.R. Horton in the 3rd quarter valued at $72,672,000. Finally, Proficio Capital Partners LLC grew its position in D.R. Horton by 22,199.7% in the fourth quarter. Proficio Capital Partners LLC now owns 262,914 shares of the construction company’s stock valued at $36,761,000 after acquiring an additional 261,735 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton Stock Performance

D.R. Horton stock opened at $125.87 on Friday. The company has a market cap of $39.66 billion, a PE ratio of 8.90, a PEG ratio of 0.54 and a beta of 1.80. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The company’s 50-day moving average is $132.91 and its two-hundred day moving average is $155.24.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. The firm had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The business’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period last year, the firm earned $2.82 earnings per share. Equities analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were issued a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. D.R. Horton’s dividend payout ratio is presently 11.31%.

Analyst Ratings Changes

Several equities research analysts have recently commented on DHI shares. JMP Securities restated a “market outperform” rating and issued a $210.00 target price on shares of D.R. Horton in a research note on Wednesday, January 22nd. The Goldman Sachs Group decreased their price objective on shares of 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. Keefe, Bruyette & Woods cut shares of D.R. Horton from an “outperform” rating to a “market perform” rating and cut their target price for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. Wells Fargo & Company decreased their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research report on Tuesday, December 17th. Finally, Royal Bank of Canada reaffirmed an “underperform” rating and set a $125.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $170.93.

D.R. Horton Profile

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.