Jefferies Financial Group Inc. Acquires New Position in D.R. Horton, Inc. $DHI

Jefferies Financial Group Inc. acquired a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 22,242 shares of the construction company’s stock, valued at approximately $3,204,000.

Several other institutional investors also recently bought and sold shares of the company. Mutual Advisors LLC lifted its stake in D.R. Horton by 4.0% in the third quarter. Mutual Advisors LLC now owns 1,819 shares of the construction company’s stock worth $288,000 after acquiring an additional 70 shares during the period. Physician Wealth Advisors Inc. raised its holdings in D.R. Horton by 17.8% in the third quarter. Physician Wealth Advisors Inc. now owns 471 shares of the construction company’s stock worth $80,000 after purchasing an additional 71 shares in the last quarter. AMG National Trust Bank raised its holdings in D.R. Horton by 0.7% in the fourth quarter. AMG National Trust Bank now owns 10,899 shares of the construction company’s stock worth $1,570,000 after purchasing an additional 74 shares in the last quarter. Caitlin John LLC raised its holdings in D.R. Horton by 3.4% in the third quarter. Caitlin John LLC now owns 2,426 shares of the construction company’s stock worth $411,000 after purchasing an additional 79 shares in the last quarter. Finally, Capital Investment Advisory Services LLC raised its holdings in D.R. Horton by 5.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 1,577 shares of the construction company’s stock worth $227,000 after purchasing an additional 84 shares in the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

DHI opened at $145.51 on Wednesday. D.R. Horton, Inc. has a 52-week low of $114.17 and a 52-week high of $184.54. The company has a quick ratio of 0.97, a current ratio of 6.46 and a debt-to-equity ratio of 0.27. The company has a market cap of $41.26 billion, a P/E ratio of 13.64, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. The firm’s 50-day moving average price is $144.13 and its 200-day moving average price is $149.44.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $7.55 billion. During the same quarter in the prior year, the company posted $2.58 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. As a group, equities analysts anticipate that D.R. Horton, Inc. will post 10.57 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Stockholders of record on Thursday, May 7th were issued a dividend of $0.45 per share. The ex-dividend date was Thursday, May 7th. This represents a $1.80 annualized dividend and a dividend yield of 1.2%. D.R. Horton’s dividend payout ratio is 16.87%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Barclays boosted their target price on shares of D.R. Horton from $128.00 to $140.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Zacks Research upgraded shares of D.R. Horton from a “strong sell” rating to a “hold” rating in a report on Friday, March 27th. Weiss Ratings downgraded shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Seaport Research Partners reiterated a “neutral” rating on shares of D.R. Horton in a report on Tuesday, April 7th. Finally, Wells Fargo & Company boosted their target price on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Four equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $168.54.

D.R. Horton 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.