Entropy Technologies LP Acquires 19,859 Shares of D.R. Horton, Inc. $DHI

Entropy Technologies LP lifted its stake in D.R. Horton, Inc. (NYSE:DHI) by 1,045.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,759 shares of the construction company’s stock after purchasing an additional 19,859 shares during the period. Entropy Technologies LP’s holdings in D.R. Horton were worth $2,986,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Core Wealth Advisors LLC bought a new stake in D.R. Horton during the fourth quarter valued at about $25,000. Osbon Capital Management LLC purchased a new stake in D.R. Horton in the fourth quarter worth about $26,000. Sound Income Strategies LLC bought a new position in shares of D.R. Horton in the fourth quarter worth about $27,000. Elevated Capital Advisors LLC purchased a new position in shares of D.R. Horton during the 4th quarter valued at about $27,000. Finally, Wilkerson Advisory Group LLC purchased a new position in shares of D.R. Horton during the 4th quarter valued at about $30,000. 90.63% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DHI shares. Barclays increased their target price on shares of D.R. Horton from $140.00 to $141.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 14th. UBS Group lifted their price target on shares of D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Zelman & Associates upgraded shares of D.R. Horton from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 7th. Citigroup reissued a “neutral” rating on shares of D.R. Horton in a research note on Wednesday. Finally, Weiss Ratings upgraded shares of D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, July 20th. Five research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $168.17.

D.R. Horton Trading Up 3.1%

D.R. Horton stock opened at $146.49 on Friday. The stock has a market cap of $41.54 billion, a P/E ratio of 13.94, a PEG ratio of 2.31 and a beta of 1.36. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.64 and a quick ratio of 0.97. D.R. Horton, Inc. has a 1 year low of $131.75 and a 1 year high of $184.54. The firm’s 50 day moving average price is $150.84 and its 200-day moving average price is $150.37.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, topping the consensus estimate of $3.02 by $0.18. D.R. Horton had a net margin of 9.15% and a return on equity of 12.47%. The firm had revenue of $9.23 billion for the quarter, compared to the consensus estimate of $9.10 billion. During the same quarter in the previous year, the firm earned $3.36 earnings per share. The company’s quarterly revenue was up .0% compared to the same quarter last year. On average, equities analysts predict that D.R. Horton, Inc. will post 10.54 earnings per share for the current fiscal year.

D.R. Horton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be paid a $0.45 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.80 annualized dividend and a yield of 1.2%. D.R. Horton’s payout ratio is presently 17.13%.

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.