UBS Group restated their buy rating on shares of D. R. Horton (NYSE:DHI) in a research report report published on Wednesday morning, 99wallstreet.com reports. UBS Group currently has a $58.00 target price on the construction company’s stock, up from their prior target price of $53.00.

Other equities analysts have also recently issued reports about the stock. Buckingham Research raised their price target on shares of D. R. Horton from $39.00 to $44.00 and gave the stock a neutral rating in a research note on Friday, November 10th. Royal Bank of Canada reaffirmed a buy rating and set a $42.00 price target on shares of D. R. Horton in a research note on Monday, September 25th. Mizuho reaffirmed a hold rating and set a $38.00 price target on shares of D. R. Horton in a research note on Friday, October 27th. ValuEngine cut shares of D. R. Horton from a buy rating to a hold rating in a research note on Wednesday, January 3rd. Finally, Zelman & Associates cut shares of D. R. Horton from a buy rating to a hold rating in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of Buy and an average target price of $48.71.

Shares of D. R. Horton (NYSE:DHI) opened at $51.48 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.02 and a current ratio of 6.93. The company has a market cap of $19,153.59, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 1.46 and a beta of 1.32. D. R. Horton has a fifty-two week low of $27.97 and a fifty-two week high of $53.32.

D. R. Horton (NYSE:DHI) last announced its earnings results on Thursday, November 9th. The construction company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.04). The company had revenue of $4.07 billion for the quarter, compared to analyst estimates of $4 billion. D. R. Horton had a return on equity of 14.13% and a net margin of 7.37%. The business’s quarterly revenue was up 11.4% on a year-over-year basis. During the same quarter last year, the business posted $0.75 earnings per share. equities analysts anticipate that D. R. Horton will post 3.5 earnings per share for the current fiscal year.

In other D. R. Horton news, CFO Bill W. Wheat sold 19,677 shares of the firm’s 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 completion of the sale, the chief financial officer now 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 Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael W. Hewatt sold 2,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $47.86, for a total value of $95,720.00. Following the sale, the director now directly owns 6,000 shares of the company’s stock, valued at approximately $287,160. The disclosure for this sale can be found here. Insiders have sold a total of 28,677 shares of company stock valued at $1,410,293 in the last ninety days. Insiders own 7.20% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue lifted its holdings in shares of D. R. Horton by 66.8% during the fourth quarter. State of Alaska Department of Revenue now owns 54,599 shares of the construction company’s stock worth $2,786,000 after buying an additional 21,870 shares in the last quarter. Syntal Capital Partners LLC acquired a new stake in shares of D. R. Horton during the fourth quarter worth $870,000. BKD Wealth Advisors LLC lifted its holdings in shares of D. R. Horton by 20.1% during the fourth quarter. BKD Wealth Advisors LLC now owns 12,831 shares of the construction company’s stock worth $655,000 after buying an additional 2,143 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of D. R. Horton during the fourth quarter worth $2,571,000. Finally, Charter Trust Co. lifted its holdings in shares of D. R. Horton by 11.3% during the fourth quarter. Charter Trust Co. now owns 12,823 shares of the construction company’s stock worth $655,000 after buying an additional 1,300 shares in the last quarter. 83.94% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for D. R. Horton (NYSE:DHI)

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