William Allan Corp Has $3.66 Million Stock Holdings in D.R. Horton, Inc. $DHI

William Allan Corp lifted its stake in D.R. Horton, Inc. (NYSE:DHI) by 0.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,391 shares of the construction company’s stock after acquiring an additional 110 shares during the quarter. D.R. Horton makes up 2.1% of William Allan Corp’s portfolio, making the stock its 20th biggest holding. William Allan Corp’s holdings in D.R. Horton were worth $3,660,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Olde Wealth Management LLC bought a new stake in D.R. Horton in the first quarter worth $26,000. Bayforest Capital Ltd boosted its holdings in D.R. Horton by 340.4% in the first quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after purchasing an additional 194 shares in the last quarter. Accredited Wealth Management LLC bought a new stake in D.R. Horton in the first quarter worth $34,000. Ransom Advisory Ltd bought a new stake in D.R. Horton in the first quarter worth $51,000. Finally, Adirondack Trust Co. boosted its holdings in D.R. Horton by 53.2% in the second quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock worth $52,000 after purchasing an additional 141 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Michael R. Buchanan sold 1,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $180.74, for a total transaction of $180,740.00. Following the completion of the transaction, the director owned 1,193 shares of the company’s stock, valued at approximately $215,622.82. This represents a 45.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,181,631. This trade represents a 17.57% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,376 shares of company stock valued at $5,898,848. Insiders own 0.54% of the company’s stock.

D.R. Horton Stock Up 0.5%

Shares of DHI opened at $158.70 on Tuesday. The company has a 50-day simple moving average of $166.51 and a 200-day simple moving average of $143.58. The firm has a market capitalization of $47.31 billion, a P/E ratio of 12.73, a P/E/G ratio of 3.28 and a beta of 1.40. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. D.R. Horton, Inc. has a 52 week low of $110.44 and a 52 week high of $184.54.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on DHI shares. Wedbush upped their price objective on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a report on Wednesday, July 23rd. Keefe, Bruyette & Woods upped their price objective on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a report on Thursday, July 24th. Royal Bank Of Canada upped their price target on shares of D.R. Horton from $105.00 to $117.00 and gave the company an “underperform” rating in a report on Wednesday, July 23rd. Weiss Ratings restated a “hold (c+)” rating on shares of D.R. Horton in a report on Wednesday, October 8th. Finally, UBS Group upped their price target on shares of D.R. Horton from $176.00 to $187.00 and gave the company a “buy” rating in a report on Wednesday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $156.54.

D.R. Horton Company 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.