Dimensional Fund Advisors LP increased its holdings in D. R. Horton Inc (NYSE:DHI) by 5.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,724,081 shares of the construction company’s stock after purchasing an additional 306,287 shares during the quarter. Dimensional Fund Advisors LP owned approximately 1.53% of D. R. Horton worth $228,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Csenge Advisory Group bought a new stake in shares of D. R. Horton in the third quarter worth about $237,000. Capital Analysts LLC grew its stake in shares of D. R. Horton by 4.4% in the second quarter. Capital Analysts LLC now owns 90,829 shares of the construction company’s stock worth $3,140,000 after purchasing an additional 3,841 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of D. R. Horton in the second quarter worth about $216,000. Meiji Yasuda Life Insurance Co grew its stake in shares of D. R. Horton by 17.9% in the second quarter. Meiji Yasuda Life Insurance Co now owns 34,200 shares of the construction company’s stock worth $1,182,000 after purchasing an additional 5,200 shares during the last quarter. Finally, Goodman Financial Corp grew its stake in shares of D. R. Horton by 4.2% in the third quarter. Goodman Financial Corp now owns 188,218 shares of the construction company’s stock worth $7,516,000 after purchasing an additional 7,593 shares during the last quarter. 84.61% of the stock is currently owned by institutional investors.

In other news, CFO Bill W. Wheat sold 19,677 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The stock was sold at an average price of $49.65, for a total value of $976,963.05. Following the sale, the chief financial officer now directly owns 100,081 shares of the company’s stock, valued at approximately $4,969,021.65. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Michael J. Murray sold 7,000 shares of the business’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $48.23, for a total value of $337,610.00. Following the completion of the sale, the chief operating officer now directly owns 56,304 shares in the company, valued at $2,715,541.92. The disclosure for this sale can be found here. Over the last three months, insiders sold 47,677 shares of company stock worth $2,118,433. Insiders own 7.20% of the company’s stock.

Several analysts recently issued reports on the company. BidaskClub raised D. R. Horton from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Citigroup lifted their price objective on D. R. Horton from $42.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, November 10th. JMP Securities set a $45.00 price objective on D. R. Horton and gave the company a “buy” rating in a research report on Monday, October 16th. Zelman & Associates cut D. R. Horton from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and set a $42.00 price objective on shares of D. R. Horton in a research report on Monday, September 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $44.06.

Shares of D. R. Horton Inc (NYSE DHI) opened at $50.78 on Monday. The company has a debt-to-equity ratio of 0.37, a current ratio of 6.93 and a quick ratio of 1.02. D. R. Horton Inc has a 12-month low of $27.21 and a 12-month high of $51.53. The company has a market capitalization of $19,048.17, a P/E ratio of 18.60, a PEG ratio of 1.58 and a beta of 1.32.

D. R. Horton (NYSE:DHI) last issued its quarterly earnings results on Thursday, November 9th. The construction company reported $0.82 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.04). D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The company had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4 billion. During the same period in the prior year, the firm earned $0.75 earnings per share. The business’s revenue for the quarter was up 11.4% compared to the same quarter last year. research analysts predict that D. R. Horton Inc will post 3.22 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a $0.125 dividend. This is a boost from D. R. Horton’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Thursday, November 30th. D. R. Horton’s payout ratio is currently 18.32%.

TRADEMARK VIOLATION WARNING: “D. R. Horton Inc (DHI) Position Increased by Dimensional Fund Advisors LP” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/12/11/d-r-horton-inc-dhi-position-increased-by-dimensional-fund-advisors-lp.html.

D. R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

Want to see what other hedge funds are holding DHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D. R. Horton Inc (NYSE:DHI).

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

Receive News & Stock Ratings for D. R. Horton Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for D. R. Horton Inc and related stocks with our FREE daily email newsletter.