Valeo Financial Advisors LLC Grows Position in D.R. Horton, Inc. (NYSE:DHI)

Valeo Financial Advisors LLC increased its position in D.R. Horton, Inc. (NYSE:DHI) by 6.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,796 shares of the construction company’s stock after purchasing an additional 229 shares during the quarter. Valeo Financial Advisors LLC’s holdings in D.R. Horton were worth $531,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. V Square Quantitative Management LLC lifted its stake in shares of D.R. Horton by 8.6% in the 4th quarter. V Square Quantitative Management LLC now owns 7,118 shares of the construction company’s stock valued at $995,000 after purchasing an additional 563 shares during the period. Figure 8 Investment Strategies LLC purchased a new position in shares of D.R. Horton in the 4th quarter valued at approximately $965,000. Vontobel Holding Ltd. lifted its stake in shares of D.R. Horton by 52.9% in the 4th quarter. Vontobel Holding Ltd. now owns 16,588 shares of the construction company’s stock valued at $2,319,000 after purchasing an additional 5,736 shares during the period. IMS Capital Management lifted its stake in shares of D.R. Horton by 19.1% in the 4th quarter. IMS Capital Management now owns 4,543 shares of the construction company’s stock valued at $635,000 after purchasing an additional 730 shares during the period. Finally, Avestar Capital LLC lifted its stake in shares of D.R. Horton by 37.2% in the 4th quarter. Avestar Capital LLC now owns 1,648 shares of the construction company’s stock valued at $230,000 after purchasing an additional 447 shares during the period. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Insider Buying and Selling

In related news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.54% of the stock is currently owned by corporate insiders.

D.R. Horton Stock Performance

Shares of DHI opened at $130.63 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a one year low of $125.84 and a one year high of $199.85. The firm has a market capitalization of $41.16 billion, a P/E ratio of 9.23, a PEG ratio of 0.58 and a beta of 1.76. The business has a fifty day moving average of $141.56 and a 200 day moving average of $166.00.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter in the previous year, the company posted $2.82 earnings per share. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 14th. Investors of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.22%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s payout ratio is currently 11.31%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Raymond James cut D.R. Horton from an “outperform” rating to a “market perform” rating in a research note on Thursday, November 7th. Royal Bank of Canada reiterated an “underperform” rating and set a $125.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 22nd. The Goldman Sachs Group lowered their price objective on D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Wedbush reiterated a “neutral” rating and set a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Finally, Keefe, Bruyette & Woods cut D.R. Horton from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $200.00 to $183.00 in a research note on Tuesday, December 10th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, D.R. Horton currently has an average rating of “Hold” and an average price target of $170.93.

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.