One Capital Management LLC Acquires 4,134 Shares of D.R. Horton, Inc. $DHI

One Capital Management LLC lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,043 shares of the construction company’s stock after purchasing an additional 4,134 shares during the quarter. One Capital Management LLC’s holdings in D.R. Horton were worth $11,817,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in DHI. Concord Wealth Partners bought a new position in shares of D.R. Horton during the third quarter worth approximately $25,000. Core Wealth Advisors LLC bought a new position in shares of D.R. Horton during the fourth quarter worth approximately $25,000. Sound Income Strategies LLC bought a new position in shares of D.R. Horton during the fourth quarter worth approximately $27,000. Elevated Capital Advisors LLC acquired a new stake in shares of D.R. Horton during the 4th quarter worth approximately $27,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of D.R. Horton during the 3rd quarter worth approximately $31,000. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Performance

Shares of D.R. Horton stock opened at $147.20 on Tuesday. D.R. Horton, Inc. has a fifty-two week low of $114.17 and a fifty-two week high of $184.54. The company has a debt-to-equity ratio of 0.27, a current ratio of 6.46 and a quick ratio of 0.97. The firm has a market capitalization of $41.74 billion, a P/E ratio of 13.80, a P/E/G ratio of 2.06 and a beta of 1.38. The company’s 50 day moving average price is $144.72 and its two-hundred day moving average price is $149.49.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.09. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. The firm had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.55 billion. During the same quarter last year, the business posted $2.58 earnings per share. The company’s quarterly revenue was down 2.3% on a year-over-year basis. On average, equities analysts forecast that D.R. Horton, Inc. will post 10.57 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, May 7th were given a $0.45 dividend. The ex-dividend date was Thursday, May 7th. This represents a $1.80 dividend on an annualized basis and a yield of 1.2%. D.R. Horton’s dividend payout ratio (DPR) is currently 16.87%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of D.R. Horton from $172.00 to $190.00 and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Seaport Research Partners reiterated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Royal Bank Of Canada increased their price target on shares of D.R. Horton from $117.00 to $123.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings lowered shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Finally, Zacks Research upgraded shares of D.R. Horton from a “strong sell” rating to a “hold” rating in a research report on Friday, March 27th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus price target of $168.54.

About D.R. Horton

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.