Curio Wealth LLC Makes New Investment in D.R. Horton, Inc. (NYSE:DHI)

Curio Wealth LLC bought a new stake in D.R. Horton, Inc. (NYSE:DHI) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 801 shares of the construction company’s stock, valued at approximately $112,000.

Other large investors have also modified their holdings of the company. Coastline Trust Co acquired a new stake in shares of D.R. Horton during the third quarter valued at about $26,000. Golden State Wealth Management LLC bought a new stake in D.R. Horton during the fourth quarter valued at $30,000. Rosenberg Matthew Hamilton grew its stake in D.R. Horton by 152.8% during the 4th quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock worth $38,000 after buying an additional 165 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in D.R. Horton during the 4th quarter worth $38,000. Finally, Sierra Ocean LLC bought a new position in D.R. Horton in the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DHI. Keefe, Bruyette & Woods lowered D.R. Horton from an “outperform” rating to a “market perform” rating and decreased their price objective for the stock from $200.00 to $183.00 in a report on Tuesday, December 10th. Wedbush reiterated a “neutral” rating and set a $180.00 price objective on shares of D.R. Horton in a research report on Friday, January 17th. JPMorgan Chase & Co. cut D.R. Horton from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $188.00 to $156.00 in a report on Friday, December 13th. The Goldman Sachs Group cut their target price on D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Finally, Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 price target on shares of D.R. Horton in a research report on Wednesday, January 22nd. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, D.R. Horton currently has an average rating of “Hold” and an average price target of $170.93.

D.R. Horton Stock Up 1.2 %

Shares of D.R. Horton stock opened at $126.78 on Monday. 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 stock has a 50-day moving average price of $135.38 and a 200 day moving average price of $158.83. The company has a market cap of $39.95 billion, a P/E ratio of 8.96, a P/E/G ratio of 0.54 and a beta of 1.80.

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, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the company earned $2.82 earnings per share. D.R. Horton’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $1.60 annualized dividend and a dividend yield of 1.26%. D.R. Horton’s dividend payout ratio is 11.31%.

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.