Capital World Investors Has $5.32 Billion Stake in D.R. Horton, Inc. $DHI

Capital World Investors raised its holdings in D.R. Horton, Inc. (NYSE:DHI) by 22.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,948,434 shares of the construction company’s stock after buying an additional 6,695,592 shares during the period. Capital World Investors owned 0.13% of D.R. Horton worth $5,321,849,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DHI. Concord Wealth Partners bought a new stake in D.R. Horton during the 3rd quarter worth about $25,000. Core Wealth Advisors LLC bought a new stake in D.R. Horton during the 4th quarter worth about $25,000. Sound Income Strategies LLC bought a new stake in D.R. Horton during the 4th quarter worth about $27,000. Elevated Capital Advisors LLC bought a new stake in D.R. Horton during the 4th quarter worth about $27,000. Finally, Ameriflex Group Inc. bought a new stake in D.R. Horton during the 3rd quarter worth about $31,000. 90.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. The Goldman Sachs Group boosted 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. Royal Bank Of Canada boosted 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. UBS Group boosted their price target on shares of D.R. Horton from $193.00 to $206.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd. Citigroup boosted their price target on shares of D.R. Horton from $162.00 to $173.00 and gave the stock a “neutral” rating in a research report on Thursday, April 23rd. Finally, Barclays boosted their price target on shares of D.R. Horton from $128.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Four investment 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $168.54.

D.R. Horton Stock Down 0.4%

D.R. Horton stock opened at $145.85 on Friday. The firm has a market capitalization of $41.36 billion, a PE ratio of 13.67, a P/E/G ratio of 2.04 and a beta of 1.37. The company’s 50-day moving average is $145.46 and its 200-day moving average is $149.52. D.R. Horton, Inc. has a fifty-two week low of $119.54 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.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Tuesday, April 21st. The construction company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.09. The company had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.55 billion. D.R. Horton had a net margin of 9.51% and a return on equity of 12.94%. D.R. Horton’s revenue for the quarter was down 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $2.58 EPS. Sell-side analysts anticipate that D.R. Horton, Inc. will post 10.57 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were paid 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 is 16.87%.

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.