Nykredit A S Takes $15.52 Million Position in D.R. Horton, Inc. $DHI

Nykredit A S bought a new stake in D.R. Horton, Inc. (NYSE:DHI) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 95,262 shares of the construction company’s stock, valued at approximately $15,516,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DHI. Core Wealth Advisors LLC acquired a new position in D.R. Horton in the fourth quarter valued at $25,000. Fiduciary Financial Advisors acquired a new stake in shares of D.R. Horton during the second quarter worth about $25,000. Caitlin John LLC purchased a new stake in shares of D.R. Horton in the 2nd quarter valued at about $25,000. Osbon Capital Management LLC purchased a new stake in shares of D.R. Horton in the 4th quarter valued at about $26,000. Finally, Wilkerson Advisory Group LLC acquired a new stake in shares of D.R. Horton in the 4th quarter valued at about $30,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. The Goldman Sachs Group restated a “buy” rating on shares of D.R. Horton in a research note on Tuesday, July 21st. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $175.00 to $167.00 and set a “market perform” rating for the company in a report on Wednesday, July 22nd. Weiss Ratings raised shares of D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, July 20th. Citigroup reiterated a “neutral” rating on shares of D.R. Horton in a research report on Wednesday, July 22nd. Finally, Barclays upped their target price on shares of D.R. Horton from $140.00 to $141.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Five analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, D.R. Horton has an average rating of “Hold” and an average price target of $166.92.

D.R. Horton Price Performance

D.R. Horton stock opened at $142.81 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The business has a 50 day simple moving average of $149.13 and a 200-day simple moving average of $148.84. D.R. Horton, Inc. has a 12 month low of $131.75 and a 12 month high of $184.54. The stock has a market capitalization of $39.94 billion, a PE ratio of 13.59, a price-to-earnings-growth ratio of 2.29 and a beta of 1.37.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.18. The firm had revenue of $9.23 billion for the quarter, compared to analyst estimates of $9.10 billion. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. D.R. Horton’s quarterly revenue was up .0% on a year-over-year basis. During the same period last year, the firm posted $3.36 EPS. Equities analysts predict that D.R. Horton, Inc. will post 10.46 earnings per share for the current year.

D.R. Horton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th were issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, August 6th. D.R. Horton’s payout ratio is currently 17.13%.

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.