D.R. Horton, Inc. (NYSE:DHI) Shares Sold by UMB Bank n.a.

UMB Bank n.a. lessened its stake in D.R. Horton, Inc. (NYSE:DHI) by 4.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,473 shares of the construction company’s stock after selling 239 shares during the period. UMB Bank n.a.’s holdings in D.R. Horton were worth $765,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DHI. Coastline Trust Co purchased a new position in D.R. Horton during the 3rd quarter worth $26,000. Rakuten Securities Inc. raised its holdings in D.R. Horton by 216.7% during the third quarter. Rakuten Securities Inc. now owns 171 shares of the construction company’s stock worth $33,000 after purchasing an additional 117 shares in the last quarter. Rosenberg Matthew Hamilton lifted its position in D.R. Horton by 152.8% in the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after purchasing an additional 165 shares during the period. Wolff Wiese Magana LLC boosted its holdings in D.R. Horton by 1,306.7% in the 3rd quarter. Wolff Wiese Magana LLC now owns 211 shares of the construction company’s stock valued at $40,000 after purchasing an additional 196 shares in the last quarter. Finally, Grove Bank & Trust increased its position in D.R. Horton by 76.2% during the 3rd quarter. Grove Bank & Trust now owns 215 shares of the construction company’s stock worth $41,000 after purchasing an additional 93 shares during the period. 90.63% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Barbara K. Allen sold 5,650 shares of the stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Price Performance

D.R. Horton stock opened at $143.61 on Wednesday. The stock has a market capitalization of $46.08 billion, a P/E ratio of 10.00, a P/E/G ratio of 0.56 and a beta of 1.75. D.R. Horton, Inc. has a 12-month low of $133.02 and a 12-month high of $199.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 7.32 and a quick ratio of 1.61. The firm’s 50-day moving average is $151.46 and its two-hundred day moving average is $169.11.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The firm had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7,120,170 billion. During the same period in the previous year, the company earned $2.82 EPS. D.R. Horton’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities analysts predict that D.R. Horton, Inc. will post 14.03 earnings per share for the current year.

D.R. Horton Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were given a dividend of $0.40 per share. The ex-dividend date was Tuesday, November 12th. This is an increase from D.R. Horton’s previous quarterly dividend of $0.30. This represents a $1.60 annualized dividend and a yield of 1.11%. D.R. Horton’s dividend payout ratio is 11.14%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. BTIG Research decreased their price target on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Wedbush reaffirmed a “neutral” rating and set a $180.00 price target on shares of D.R. Horton in a research note on Friday, January 17th. UBS Group decreased their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Wells Fargo & Company dropped their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a report on Tuesday, December 17th. Finally, Royal Bank of Canada decreased their price target on D.R. Horton from $154.00 to $145.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and an average target price of $176.20.

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.