O Shaughnessy Asset Management LLC Boosts Stock Position in D.R. Horton, Inc. $DHI

O Shaughnessy Asset Management LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 58.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 339,560 shares of the construction company’s stock after purchasing an additional 125,714 shares during the period. O Shaughnessy Asset Management LLC owned 0.12% of D.R. Horton worth $48,907,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Mutual Advisors LLC boosted its holdings in shares of D.R. Horton by 4.0% during the third quarter. Mutual Advisors LLC now owns 1,819 shares of the construction company’s stock worth $288,000 after purchasing an additional 70 shares during the period. Deseret Mutual Benefit Administrators lifted its holdings in D.R. Horton by 11.0% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 716 shares of the construction company’s stock worth $103,000 after buying an additional 71 shares during the period. AMG National Trust Bank lifted its holdings in D.R. Horton by 0.7% in the fourth quarter. AMG National Trust Bank now owns 10,899 shares of the construction company’s stock worth $1,570,000 after buying an additional 74 shares during the period. AdvisorShares Investments LLC lifted its holdings in D.R. Horton by 2.4% in the fourth quarter. AdvisorShares Investments LLC now owns 3,336 shares of the construction company’s stock worth $480,000 after buying an additional 77 shares during the period. Finally, Caitlin John LLC lifted its holdings in D.R. Horton by 3.4% in the third quarter. Caitlin John LLC now owns 2,426 shares of the construction company’s stock worth $411,000 after buying an additional 79 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DHI has been the subject of several research analyst reports. Royal Bank Of Canada raised their price objective on shares of D.R. Horton from $117.00 to $123.00 and gave the stock an “underperform” rating in a report on Wednesday, April 22nd. Truist Financial raised their price objective on shares of D.R. Horton from $140.00 to $150.00 and gave the stock a “hold” rating in a report on Wednesday, April 22nd. Weiss Ratings lowered shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Zacks Research upgraded shares of D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Finally, Wells Fargo & Company raised their price objective on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and an average target price of $168.54.

D.R. Horton Price Performance

DHI stock opened at $145.85 on Monday. The firm has a 50 day moving average price of $145.46 and a 200-day moving average price of $149.60. D.R. Horton, Inc. has a 52-week low of $119.54 and a 52-week high of $184.54. The firm has a market capitalization of $41.36 billion, a price-to-earnings ratio of 13.67, a PEG ratio of 2.04 and a beta of 1.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.97 and a current ratio of 6.46.

D.R. Horton (NYSE:DHI) last released its 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 net margin of 9.51% and a return on equity of 12.94%. The firm had revenue of $7.56 billion during the quarter, compared to analyst estimates of $7.55 billion. During the same period last year, the business earned $2.58 earnings per share. The business’s revenue was down 2.3% on a year-over-year basis. Equities research analysts forecast that D.R. Horton, Inc. will post 10.57 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were issued a dividend of $0.45 per share. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 16.87%.

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.