Virtu Financial LLC acquired a new stake in D. R. Horton Inc (NYSE:DHI) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 25,993 shares of the construction company’s stock, valued at approximately $1,038,000.

A number of other institutional investors have also recently made changes to their positions in the business. Alps Advisors Inc. grew its stake in D. R. Horton by 0.3% in the second quarter. Alps Advisors Inc. now owns 14,554 shares of the construction company’s stock valued at $503,000 after acquiring an additional 37 shares during the period. First Allied Advisory Services Inc. grew its stake in D. R. Horton by 0.4% in the second quarter. First Allied Advisory Services Inc. now owns 10,141 shares of the construction company’s stock valued at $355,000 after acquiring an additional 42 shares during the period. Shufro Rose & Co. LLC grew its stake in D. R. Horton by 0.6% in the second quarter. Shufro Rose & Co. LLC now owns 11,450 shares of the construction company’s stock valued at $396,000 after acquiring an additional 67 shares during the period. Ameritas Investment Partners Inc. grew its stake in D. R. Horton by 1.4% in the second quarter. Ameritas Investment Partners Inc. now owns 8,210 shares of the construction company’s stock valued at $283,000 after acquiring an additional 111 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in D. R. Horton by 0.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,392 shares of the construction company’s stock valued at $878,000 after acquiring an additional 186 shares during the period. 84.61% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have commented on the company. BidaskClub raised D. R. Horton from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Keefe, Bruyette & Woods cut D. R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, December 7th. Wedbush cut D. R. Horton from an “outperform” rating to a “neutral” rating in a research note on Tuesday. KeyCorp reissued a “buy” rating and issued a $41.00 price objective on shares of D. R. Horton in a research note on Tuesday, September 26th. Finally, ValuEngine cut D. R. Horton from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $44.06.

In related news, CFO Bill W. Wheat sold 19,677 shares of D. R. Horton stock in a transaction on Friday, November 24th. The stock was sold at an average price of $49.65, for a total transaction of $976,963.05. Following the sale, the chief financial officer now directly owns 100,081 shares in the company, valued at $4,969,021.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Michael J. Murray sold 7,000 shares of D. R. Horton stock in a transaction 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 sale, the chief operating officer now owns 56,304 shares in the company, valued at $2,715,541.92. The disclosure for this sale can be found here. Insiders have sold 47,677 shares of company stock worth $2,118,433 over the last quarter. 7.20% of the stock is currently owned by corporate insiders.

D. R. Horton Inc (NYSE DHI) opened at $50.49 on Tuesday. The stock has a market capitalization of $19,048.17, a P/E ratio of 18.60, a P/E/G ratio of 1.58 and a beta of 1.32. The company has a current ratio of 6.93, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. D. R. Horton Inc has a 1 year low of $27.21 and a 1 year high of $51.53.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a dividend of $0.125 per share. This is a positive change from D. R. Horton’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a yield of 0.99%. The ex-dividend date is Thursday, November 30th. D. R. Horton’s dividend payout ratio (DPR) is 18.32%.

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About D. R. Horton

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.

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

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