D.R. Horton, Inc. $DHI Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its position in D.R. Horton, Inc. (NYSE:DHI) by 5.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 266,033 shares of the construction company’s stock after selling 14,196 shares during the quarter. Natixis Advisors LLC’s holdings in D.R. Horton were worth $38,317,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Capital World Investors increased its position in D.R. Horton by 159.8% during the 3rd quarter. Capital World Investors now owns 30,252,842 shares of the construction company’s stock worth $5,126,995,000 after purchasing an additional 18,607,545 shares during the period. Norges Bank acquired a new stake in shares of D.R. Horton in the 4th quarter valued at approximately $649,305,000. Capital International Investors purchased a new stake in shares of D.R. Horton in the third quarter valued at approximately $395,179,000. Boston Partners acquired a new position in D.R. Horton during the third quarter worth $274,784,000. Finally, Viking Global Investors LP raised its position in D.R. Horton by 108.3% in the second quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock worth $364,461,000 after acquiring an additional 1,469,978 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analyst Ratings Changes

DHI has been the subject of a number of recent analyst reports. Zacks Research raised D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Citigroup increased their price target on shares of D.R. Horton from $162.00 to $173.00 and gave the company a “neutral” rating in a report on Thursday, April 23rd. Wells Fargo & Company raised their price objective on shares of D.R. Horton from $147.00 to $170.00 and gave the company an “equal weight” rating in a research note on Wednesday, April 22nd. UBS Group boosted their price objective on shares of D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a report on Wednesday, April 22nd. Finally, Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $168.54.

D.R. Horton Stock Down 2.2%

D.R. Horton stock opened at $144.70 on Thursday. D.R. Horton, Inc. has a fifty-two week low of $118.65 and a fifty-two week high of $184.54. The firm has a market capitalization of $41.03 billion, a price-to-earnings ratio of 13.56, a price-to-earnings-growth ratio of 2.07 and a beta of 1.37. The stock’s fifty day moving average is $145.13 and its two-hundred day moving average is $149.51. 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 quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 EPS for the quarter, topping the consensus estimate of $2.15 by $0.09. The business had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.55 billion. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The business’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.58 EPS. Analysts predict that D.R. Horton, Inc. will post 10.57 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were given a $0.45 dividend. The ex-dividend date was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is currently 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.