Yousif Capital Management LLC Has $5.40 Million Stake in D.R. Horton, Inc. (NYSE:DHI)

Yousif Capital Management LLC reduced its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 17.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 38,590 shares of the construction company’s stock after selling 7,897 shares during the quarter. Yousif Capital Management LLC’s holdings in D.R. Horton were worth $5,396,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Mountaineer Partners Management LLC acquired a new stake in shares of D.R. Horton during the 3rd quarter worth about $1,853,178,000. FMR LLC grew its stake in D.R. Horton by 44.7% during the third quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after buying an additional 2,442,581 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of D.R. Horton by 0.3% during the third quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock worth $1,351,435,000 after buying an additional 21,073 shares in the last quarter. Smead Capital Management Inc. raised its stake in shares of D.R. Horton by 3.5% in the third quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock valued at $480,106,000 after acquiring an additional 84,835 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of D.R. Horton by 7.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after acquiring an additional 120,892 shares in the last quarter. 90.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DHI. Barclays cut their price objective on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research report on Wednesday, January 22nd. UBS Group cut their price target on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a report on Wednesday, January 8th. Bank of America lowered shares of D.R. Horton from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $160.00 to $150.00 in a report on Monday, January 27th. Wedbush reiterated a “neutral” rating and set a $180.00 target price on shares of D.R. Horton in a research report on Friday, January 17th. Finally, BTIG Research lowered their price target on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating for the company in a report on Wednesday, October 30th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, D.R. Horton has a consensus rating of “Hold” and a consensus target price of $170.93.

D.R. Horton Stock Down 2.1 %

Shares of D.R. Horton stock opened at $136.00 on Friday. D.R. Horton, Inc. has a 12 month low of $133.02 and a 12 month high of $199.85. The business has a fifty day simple moving average of $146.33 and a 200 day simple moving average of $168.24. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The stock has a market cap of $42.86 billion, a PE ratio of 9.61, a price-to-earnings-growth ratio of 0.60 and a beta of 1.76.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the prior year, the business posted $2.82 EPS. D.R. Horton’s revenue was down 1.5% on a year-over-year basis. Research analysts predict that D.R. Horton, Inc. will post 13.05 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.18%. D.R. Horton’s dividend payout ratio is 11.31%.

Insider Activity

In other D.R. Horton news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

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.