D.R. Horton, Inc. $DHI Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 3.0% in the third quarter, Holdings Channel.com reports. The fund owned 190,040 shares of the construction company’s stock after purchasing an additional 5,484 shares during the period. Crossmark Global Holdings Inc.’s holdings in D.R. Horton were worth $25,969,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DHI. Pinnacle Associates Ltd. grew its holdings in shares of D.R. Horton by 12.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 3,714 shares of the construction company’s stock worth $507,000 after acquiring an additional 411 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of D.R. Horton by 1.7% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 40,237 shares of the construction company’s stock valued at $5,498,000 after purchasing an additional 664 shares in the last quarter. AA Financial Advisors LLC bought a new stake in shares of D.R. Horton during the third quarter valued at approximately $230,000. SteelPeak Wealth LLC boosted its position in shares of D.R. Horton by 34.4% during the third quarter. SteelPeak Wealth LLC now owns 25,811 shares of the construction company’s stock valued at $3,527,000 after purchasing an additional 6,605 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC purchased a new stake in D.R. Horton in the third quarter worth $207,000. 90.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

DHI has been the subject of a number of research reports. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $167.00 to $160.00 and set a “market perform” rating for the company in a report on Tuesday, September 22nd. The Goldman Sachs Group restated a “buy” rating and set a $182.00 target price on shares of D.R. Horton in a report on Monday, October 12th. BTIG Research reaffirmed a “buy” rating and issued a $174.00 target price on shares of D.R. Horton in a research report on Tuesday, September 22nd. Melius Research assumed coverage on shares of D.R. Horton in a research note on Tuesday, October 6th. They issued a “sell” rating and a $128.00 price target for the company. Finally, Citigroup lowered their price target on shares of D.R. Horton from $160.00 to $150.00 and set a “neutral” rating for the company in a research report on Thursday, October 15th. Five equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $156.36.

D.R. Horton Stock Performance

Shares of DHI opened at $138.81 on Thursday. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average price is $140.99 and its 200-day moving average price is $146.51. D.R. Horton, Inc. has a 52 week low of $130.40 and a 52 week high of $170.79. The stock has a market cap of $38.82 billion, a P/E ratio of 13.21, a P/E/G ratio of 2.18 and a beta of 1.35.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, topping the consensus estimate of $3.02 by $0.18. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%. The company had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $9.10 billion. During the same quarter in the prior year, the business posted $3.36 EPS. The firm’s quarterly revenue was up .0% compared to the same quarter last year. Equities research analysts anticipate that D.R. Horton, Inc. will post 10.43 earnings per share for the current fiscal year.

About D.R. Horton

D.R. Horton, Inc is a residential construction company that builds and sells single-family detached and attached homes in the United States. Its offerings include entry-level, move-up, luxury and active-adult housing, serving a range of homebuyers through brands such as D.R. Horton, Express Homes, Emerald Homes and Freedom Homes.

The company’s operations also include land acquisition and development, home financing and title services. Through subsidiaries and affiliated businesses, D.R.