D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Fulcrum Capital LLC

Fulcrum Capital LLC lessened its stake in D.R. Horton, Inc. (NYSE:DHI) by 2.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,614 shares of the construction company’s stock after selling 1,005 shares during the quarter. D.R. Horton comprises approximately 1.2% of Fulcrum Capital LLC’s holdings, making the stock its 28th biggest holding. Fulcrum Capital LLC’s holdings in D.R. Horton were worth $5,958,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Mountaineer Partners Management LLC acquired a new position in shares of D.R. Horton during the 3rd quarter valued at $1,853,178,000. FMR LLC lifted its holdings in shares of D.R. Horton by 44.7% during the 3rd quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock valued at $1,508,252,000 after acquiring an additional 2,442,581 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of D.R. Horton by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 7,107,912 shares of the construction company’s stock valued at $1,351,435,000 after acquiring an additional 21,073 shares in the last quarter. Smead Capital Management Inc. lifted its holdings in shares of D.R. Horton by 3.5% during the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock valued at $480,106,000 after acquiring an additional 84,835 shares in the last quarter. Finally, Earnest Partners LLC lifted its holdings in 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 worth $290,901,000 after buying an additional 9,137 shares in the last quarter. Institutional investors and hedge funds own 90.63% of the company’s stock.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The shares were 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 available through this link. Company insiders own 1.74% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on DHI shares. UBS Group cut their price objective on shares of D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Citigroup cut their price objective on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. BTIG Research dropped their target price 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. StockNews.com downgraded shares of D.R. Horton from a “hold” rating to a “sell” rating in a research report on Thursday. Finally, Raymond James downgraded shares of D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $176.93.

D.R. Horton Stock Performance

NYSE DHI traded up $1.57 on Monday, hitting $138.09. The stock had a trading volume of 2,134,147 shares, compared to its average volume of 2,788,318. D.R. Horton, Inc. has a one year low of $133.02 and a one year high of $199.85. The company has a quick ratio of 1.61, a current ratio of 7.32 and a debt-to-equity ratio of 0.23. The stock has a market cap of $44.35 billion, a price-to-earnings ratio of 9.62, a P/E/G ratio of 0.56 and a beta of 1.71. The company’s 50-day moving average is $154.38 and its two-hundred day moving average is $168.81.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, October 29th. The construction company reported $3.92 EPS for the quarter, missing the consensus estimate of $4.17 by ($0.25). The firm had revenue of $10 billion during the quarter, compared to the consensus estimate of $10.22 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. D.R. Horton’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the company posted $4.45 EPS. On average, analysts expect that D.R. Horton, Inc. will post 14.03 earnings per share for the current year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 19th. Stockholders of record on Tuesday, November 12th were paid a $0.40 dividend. This is a positive change from D.R. Horton’s previous quarterly dividend of $0.30. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date was Tuesday, November 12th. D.R. Horton’s dividend payout ratio is currently 11.14%.

D.R. Horton Profile

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.