Virtu Financial LLC Buys Shares of 6,444 D.R. Horton, Inc. $DHI

Virtu Financial LLC bought a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,444 shares of the construction company’s stock, valued at approximately $928,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital World Investors raised its stake in D.R. Horton by 159.8% during the third quarter. Capital World Investors now owns 30,252,842 shares of the construction company’s stock valued at $5,126,995,000 after buying an additional 18,607,545 shares during the last quarter. Norges Bank bought a new stake in D.R. Horton in the fourth quarter worth $649,305,000. Capital International Investors purchased a new stake in shares of D.R. Horton in the third quarter worth $395,179,000. Boston Partners bought a new position in shares of D.R. Horton during the third quarter valued at $274,784,000. Finally, Viking Global Investors LP raised its position in shares of D.R. Horton by 108.3% in the 2nd quarter. Viking Global Investors LP now owns 2,827,032 shares of the construction company’s stock worth $364,461,000 after purchasing an additional 1,469,978 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of analyst reports. Royal Bank Of Canada upped 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 note on Wednesday, April 22nd. Wells Fargo & Company lifted 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. Weiss Ratings downgraded shares of D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Barclays increased their price target on shares of D.R. Horton from $128.00 to $140.00 and gave the company an “equal weight” rating in a report on Wednesday, April 22nd. Finally, UBS Group raised their price target on shares of D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $168.54.

D.R. Horton Trading Down 0.1%

NYSE:DHI opened at $157.69 on Monday. The company has a current ratio of 6.46, a quick ratio of 0.97 and a debt-to-equity ratio of 0.27. D.R. Horton, Inc. has a 12 month low of $121.38 and a 12 month high of $184.54. The company has a market cap of $44.72 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 2.21 and a beta of 1.38. The company has a 50 day simple moving average of $148.46 and a two-hundred day simple moving average of $149.88.

D.R. Horton (NYSE:DHI) last announced 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. The business had revenue of $7.56 billion during 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%. The company’s quarterly revenue 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. Research analysts forecast that D.R. Horton, Inc. will post 10.57 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Thursday, May 7th. D.R. Horton’s dividend payout ratio is 16.87%.

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.