Quantinno Capital Management LP Boosts Stock Holdings in D.R. Horton, Inc. $DHI

Quantinno Capital Management LP lifted its position in D.R. Horton, Inc. (NYSE:DHI) by 10.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 177,412 shares of the construction company’s stock after acquiring an additional 17,354 shares during the quarter. Quantinno Capital Management LP’s holdings in D.R. Horton were worth $24,345,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC boosted its holdings in D.R. Horton by 23.4% during the first quarter. Integrated Wealth Concepts LLC now owns 4,229 shares of the construction company’s stock worth $538,000 after purchasing an additional 803 shares during the last quarter. Geneos Wealth Management Inc. increased its stake in D.R. Horton by 295.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 609 shares of the construction company’s stock valued at $77,000 after buying an additional 455 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of D.R. Horton during the 2nd quarter worth approximately $302,000. Brown Advisory Inc. lifted its position in shares of D.R. Horton by 3.4% during the 2nd quarter. Brown Advisory Inc. now owns 6,319 shares of the construction company’s stock worth $815,000 after buying an additional 208 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of D.R. Horton by 8.9% in the 2nd quarter. Cerity Partners LLC now owns 34,926 shares of the construction company’s stock worth $4,503,000 after buying an additional 2,859 shares during the last quarter. 90.63% of the stock is owned by institutional investors.

D.R. Horton Stock Down 1.5%

D.R. Horton stock opened at $143.36 on Friday. The firm has a 50 day moving average price of $151.49 and a 200-day moving average price of $150.38. The company has a quick ratio of 1.04, a current ratio of 6.43 and a debt-to-equity ratio of 0.29. D.R. Horton, Inc. has a twelve month low of $131.75 and a twelve month high of $184.54. The company has a market capitalization of $40.10 billion, a P/E ratio of 13.64, a P/E/G ratio of 2.31 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings results on Tuesday, July 21st. The construction company reported $3.20 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $9.23 billion for the quarter, compared to analysts’ expectations of $9.10 billion. During the same quarter in the previous year, the firm posted $3.36 EPS. D.R. Horton’s revenue was up .0% on a year-over-year basis. As a group, equities analysts predict that D.R. Horton, Inc. will post 10.47 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently announced 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 dividend yield of 1.3%. D.R. Horton’s payout ratio is presently 17.13%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on DHI shares. Royal Bank Of Canada reaffirmed a “mixed” rating on shares of D.R. Horton in a report on Wednesday, July 22nd. The Goldman Sachs Group reissued a “buy” rating on shares of D.R. Horton in a research report on Tuesday, July 21st. Weiss Ratings upgraded D.R. Horton from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, July 20th. Citigroup reaffirmed a “neutral” rating on shares of D.R. Horton in a research report on Wednesday, July 22nd. Finally, BTIG Research set a $184.00 target price on D.R. Horton in a research note on Wednesday, July 22nd. Five analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $168.17.

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.