D.R. Horton, Inc. (NYSE:DHI) Stock Holdings Decreased by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC lessened its position in D.R. Horton, Inc. (NYSE:DHI) by 0.8% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 8,021 shares of the construction company’s stock after selling 64 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in D.R. Horton were worth $1,530,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DHI. Greenhaven Associates Inc. boosted its position in shares of D.R. Horton by 2.3% in the second quarter. Greenhaven Associates Inc. now owns 3,669,893 shares of the construction company’s stock worth $517,198,000 after buying an additional 81,900 shares during the period. Earnest Partners LLC lifted its stake in shares of D.R. Horton by 0.4% in the 2nd quarter. Earnest Partners LLC now owns 2,064,149 shares of the construction company’s stock valued at $290,901,000 after purchasing an additional 9,137 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of D.R. Horton by 7.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock worth $339,174,000 after acquiring an additional 120,892 shares in the last quarter. National Pension Service boosted its position in D.R. Horton by 6.0% during the third quarter. National Pension Service now owns 1,108,703 shares of the construction company’s stock worth $211,507,000 after purchasing an additional 62,971 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in D.R. Horton by 1,761.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,043,909 shares of the construction company’s stock valued at $147,118,000 after buying an additional 987,834 shares during the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DHI. Citigroup dropped their target price on shares of D.R. Horton from $186.00 to $185.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 30th. UBS Group lowered their price target on D.R. Horton from $217.00 to $214.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company cut their target price on shares of D.R. Horton from $220.00 to $190.00 and set an “overweight” rating for the company in a research note on Wednesday, October 30th. Bank of America upped their price target on shares of D.R. Horton from $196.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, September 19th. Finally, BTIG Research dropped their price objective on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $185.87.

D.R. Horton Trading Down 1.3 %

NYSE:DHI opened at $161.61 on Monday. The firm has a 50-day moving average of $182.40 and a 200-day moving average of $167.12. D.R. Horton, Inc. has a one year low of $125.28 and a one year high of $199.85. The company has a market cap of $52.66 billion, a PE ratio of 11.25, a PEG ratio of 0.57 and a beta of 1.74. The company has a debt-to-equity ratio of 0.23, a current ratio of 7.32 and a quick ratio of 1.61.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, October 29th. The construction company reported $3.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.17 by ($0.25). D.R. Horton had a net margin of 12.93% and a return on equity of 19.24%. The business had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.22 billion. During the same quarter last year, the company earned $4.45 EPS. The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. As a group, equities research analysts expect that D.R. Horton, Inc. will post 14.54 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th will be issued a dividend of $0.40 per share. This is a boost from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a $1.60 dividend on an annualized basis and a yield of 0.99%. D.R. Horton’s dividend payout ratio is 11.14%.

About D.R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.