Janus Henderson Group PLC Grows Position in D.R. Horton, Inc. (NYSE:DHI)

Janus Henderson Group PLC lifted its position in D.R. Horton, Inc. (NYSE:DHI) by 27.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,083 shares of the construction company’s stock after buying an additional 9,950 shares during the quarter. Janus Henderson Group PLC’s holdings in D.R. Horton were worth $6,443,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nemes Rush Group LLC lifted its holdings in shares of D.R. Horton by 74.5% in the fourth quarter. Nemes Rush Group LLC now owns 192 shares of the construction company’s stock worth $27,000 after buying an additional 82 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of D.R. Horton in the fourth quarter worth about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of D.R. Horton in the fourth quarter worth about $38,000. Sierra Ocean LLC purchased a new stake in shares of D.R. Horton in the fourth quarter worth about $43,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in shares of D.R. Horton in the fourth quarter worth about $43,000. 90.63% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on DHI. JMP Securities decreased their price objective on shares of D.R. Horton from $210.00 to $180.00 and set a “market outperform” rating on the stock in a research report on Monday, April 21st. JPMorgan Chase & Co. decreased their price objective on shares of D.R. Horton from $132.00 to $111.00 and set an “underweight” rating on the stock in a research report on Monday, April 21st. StockNews.com upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Tuesday, May 13th. Royal Bank of Canada decreased their price objective on shares of D.R. Horton from $125.00 to $105.00 and set an “underperform” rating on the stock in a research report on Monday, April 21st. Finally, Seaport Res Ptn upgraded shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $151.15.

D.R. Horton Stock Performance

NYSE:DHI opened at $125.68 on Friday. The firm has a market cap of $38.60 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 0.54 and a beta of 1.45. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.09 and a current ratio of 6.92. The business has a 50 day moving average price of $124.52 and a 200-day moving average price of $138.72.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing analysts’ consensus estimates of $2.69 by ($0.11). D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.73 billion for the quarter, compared to analysts’ expectations of $8.07 billion. During the same period last year, the company posted $3.52 EPS. Equities research analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Friday, May 2nd were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.27%. The ex-dividend date was Friday, May 2nd. D.R. Horton’s payout ratio is 12.11%.

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.