Natixis Advisors L.P. Grows Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Natixis Advisors L.P. boosted its holdings in D.R. Horton, Inc. (NYSE:DHI) by 1.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 174,656 shares of the construction company’s stock after buying an additional 1,857 shares during the quarter. Natixis Advisors L.P.’s holdings in D.R. Horton were worth $26,544,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Oakworth Capital Inc. acquired a new position in shares of D.R. Horton during the 4th quarter worth about $38,000. BluePath Capital Management LLC purchased a new stake in D.R. Horton during the third quarter worth approximately $33,000. Friedenthal Financial acquired a new position in D.R. Horton in the fourth quarter valued at approximately $47,000. AdvisorNet Financial Inc increased its stake in D.R. Horton by 81.8% in the fourth quarter. AdvisorNet Financial Inc now owns 360 shares of the construction company’s stock valued at $55,000 after purchasing an additional 162 shares during the last quarter. Finally, ORG Partners LLC raised its holdings in D.R. Horton by 37,500.0% during the fourth quarter. ORG Partners LLC now owns 376 shares of the construction company’s stock worth $57,000 after purchasing an additional 375 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at D.R. Horton

In other D.R. Horton news, Director Barbara K. Allen sold 363 shares of the stock in a transaction on Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total value of $53,890.98. Following the completion of the transaction, the director now owns 5,650 shares in the company, valued at $838,799. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total value of $3,908,250.00. Following the completion of the transaction, the insider now directly owns 773,121 shares of the company’s stock, valued at $120,862,005.93. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Barbara K. Allen sold 363 shares of the business’s stock in a transaction that occurred on Tuesday, April 23rd. The stock was sold at an average price of $148.46, for a total value of $53,890.98. Following the sale, the director now directly owns 5,650 shares in the company, valued at approximately $838,799. The disclosure for this sale can be found here. In the last three months, insiders sold 25,812 shares of company stock valued at $4,029,217. Corporate insiders own 1.74% of the company’s stock.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $148.48 on Friday. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38. The company has a market cap of $48.90 billion, a PE ratio of 10.11, a P/E/G ratio of 0.73 and a beta of 1.66. The stock has a fifty day moving average price of $152.09 and a 200 day moving average price of $141.48. D.R. Horton, Inc. has a 1-year low of $100.08 and a 1-year high of $165.75.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, topping the consensus estimate of $3.08 by $0.44. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The company had revenue of $9.11 billion during the quarter, compared to analysts’ expectations of $8.15 billion. During the same quarter last year, the business earned $2.73 EPS. The business’s revenue was up 14.2% on a year-over-year basis. Sell-side analysts forecast that D.R. Horton, Inc. will post 14.31 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton’s payout ratio is 8.17%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Barclays lowered their target price on shares of D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a report on Friday, April 19th. UBS Group raised their price objective on D.R. Horton from $192.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, April 19th. The Goldman Sachs Group boosted their target price on D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Wedbush restated an “underperform” rating and set a $130.00 price target on shares of D.R. Horton in a research note on Thursday, April 18th. Finally, Seaport Res Ptn lowered D.R. Horton from a “buy” rating to a “neutral” rating in a research report on Monday, January 22nd. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $158.06.

D.R. Horton Profile

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.