Aperio Group LLC boosted its position in shares of D.R. Horton Inc. (NYSE:DHI) by 4.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 153,195 shares of the company’s stock after buying an additional 5,851 shares during the period. Aperio Group LLC’s holdings in D.R. Horton were worth $4,626,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of DHI. BKD Wealth Advisors LLC boosted its stake in shares of D.R. Horton by 2.3% in the second quarter. BKD Wealth Advisors LLC now owns 7,389 shares of the company’s stock worth $233,000 after buying an additional 167 shares during the last quarter. Alpha Windward LLC purchased a new stake in shares of D.R. Horton during the second quarter worth about $458,000. Chevy Chase Trust Holdings Inc. boosted its stake in shares of D.R. Horton by 1.5% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 282,010 shares of the company’s stock worth $8,878,000 after buying an additional 4,216 shares during the last quarter. Exxonmobil Investment Management Inc. TX boosted its stake in shares of D.R. Horton by 6.6% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 85,452 shares of the company’s stock worth $2,690,000 after buying an additional 5,326 shares during the last quarter. Finally, DNB Asset Management AS boosted its stake in shares of D.R. Horton by 4.7% in the second quarter. DNB Asset Management AS now owns 24,434 shares of the company’s stock worth $769,000 after buying an additional 1,100 shares during the last quarter. 82.36% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for D.R. Horton (NYSE:DHI)

Shares of D.R. Horton Inc. (NYSE:DHI) traded down 3.88% during trading on Wednesday, reaching $27.72. 7,376,317 shares of the company traded hands. The stock has a market capitalization of $10.34 billion, a PE ratio of 11.75 and a beta of 1.17. D.R. Horton Inc. has a 12-month low of $22.97 and a 12-month high of $34.56. The firm’s 50-day moving average is $28.67 and its 200-day moving average is $30.77.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, November 8th. The company reported $0.75 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.77 by $0.02. The company earned $3.70 billion during the quarter, compared to analysts’ expectations of $2.62 billion. D.R. Horton had a net margin of 7.29% and a return on equity of 13.93%. The firm’s revenue was up 18.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.64 earnings per share. On average, equities analysts predict that D.R. Horton Inc. will post $2.67 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 12th. Shareholders of record on Monday, November 28th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.44%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.08. The ex-dividend date is Wednesday, November 23rd. D.R. Horton’s payout ratio is presently 17.02%.

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Several research analysts have weighed in on DHI shares. Bank of America Corp. raised shares of D.R. Horton from a “neutral” rating to a “buy” rating and increased their price target for the company from $35.05 to $36.00 in a report on Tuesday, September 13th. Wedbush started coverage on shares of D.R. Horton in a report on Monday, September 19th. They issued an “outperform” rating and a $36.00 price target on the stock. Wells Fargo & Co. started coverage on shares of D.R. Horton in a report on Wednesday, September 28th. They issued an “outperform” rating on the stock. FBN Securities raised shares of D.R. Horton from an “underperform” rating to a “sector perform” rating and increased their price target for the company from $25.00 to $27.50 in a report on Monday, October 10th. Finally, Vetr cut shares of D.R. Horton from a “sell” rating to a “strong sell” rating and set a $25.52 price target on the stock. in a report on Monday, November 21st. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and nine have assigned a buy rating to the stock. D.R. Horton currently has an average rating of “Hold” and an average price target of $31.93.

About D.R. Horton

D.R. Horton, Inc is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes.

5 Day Chart for NYSE:DHI

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