D.R. Horton, Inc. $DHI Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 569,423 shares of the construction company’s stock after acquiring an additional 9,765 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.20% of D.R. Horton worth $82,253,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. NorthCrest Asset Manangement LLC grew its stake in D.R. Horton by 8.4% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 14,555 shares of the construction company’s stock valued at $2,132,000 after purchasing an additional 1,124 shares in the last quarter. Nordea Investment Management AB raised its position in shares of D.R. Horton by 41.5% in the 4th quarter. Nordea Investment Management AB now owns 1,239,316 shares of the construction company’s stock valued at $179,428,000 after purchasing an additional 363,573 shares in the last quarter. Harbor Investment Advisory LLC raised its position in shares of D.R. Horton by 32.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 4,897 shares of the construction company’s stock valued at $705,000 after purchasing an additional 1,186 shares in the last quarter. Riversedge Advisors LLC boosted its stake in shares of D.R. Horton by 75.2% during the 4th quarter. Riversedge Advisors LLC now owns 2,342 shares of the construction company’s stock valued at $337,000 after buying an additional 1,005 shares during the last quarter. Finally, Park National Corp OH grew its position in shares of D.R. Horton by 3.1% during the fourth quarter. Park National Corp OH now owns 249,067 shares of the construction company’s stock worth $35,873,000 after buying an additional 7,460 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on DHI shares. Barclays dropped their price target on shares of D.R. Horton from $132.00 to $129.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 21st. Evercore raised their price objective on shares of D.R. Horton from $167.00 to $169.00 and gave the stock an “in-line” rating in a report on Wednesday, January 21st. Wells Fargo & Company reissued an “equal weight” rating and issued a $155.00 target price (down from $180.00) on shares of D.R. Horton in a research report on Tuesday, January 6th. Keefe, Bruyette & Woods restated a “reduce” rating on shares of D.R. Horton in a research note on Tuesday, January 27th. Finally, Citizens Jmp reaffirmed a “market perform” rating on shares of D.R. Horton in a research report on Wednesday, January 7th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $159.93.

Insiders Place Their Bets

In related news, SVP Aron M. Odom sold 260 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $167.55, for a total transaction of $43,563.00. Following the sale, the senior vice president owned 6,457 shares in the company, valued at $1,081,870.35. This represents a 3.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.66% of the stock is currently owned by company insiders.

D.R. Horton Stock Performance

Shares of DHI opened at $132.91 on Monday. The stock has a market capitalization of $38.51 billion, a PE ratio of 12.07, a price-to-earnings-growth ratio of 2.06 and a beta of 1.43. The business’s fifty day moving average price is $154.10 and its 200 day moving average price is $155.27. The company has a debt-to-equity ratio of 0.23, a current ratio of 6.63 and a quick ratio of 0.98. D.R. Horton, Inc. has a 12-month low of $110.44 and a 12-month high of $184.54.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.05. The firm had revenue of $6.89 billion during the quarter, compared to analyst estimates of $6.66 billion. D.R. Horton had a net margin of 9.95% and a return on equity of 13.51%. The firm’s revenue for the quarter was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.61 earnings per share. Equities research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 12th. Investors of record on Thursday, February 5th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, February 5th. D.R. Horton’s dividend payout ratio is currently 16.35%.

D.R. Horton Company Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.