Guidance Capital Inc. Buys 2,146 Shares of D.R. Horton, Inc. (NYSE:DHI)

Guidance Capital Inc. increased its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 21.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,377 shares of the construction company’s stock after buying an additional 2,146 shares during the quarter. Guidance Capital Inc.’s holdings in D.R. Horton were worth $1,769,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of DHI. Mountaineer Partners Management LLC bought a new position in shares of D.R. Horton in the third quarter valued at approximately $1,853,178,000. FMR LLC increased its position 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 purchasing an additional 2,442,581 shares during the last quarter. Geode Capital Management LLC raised its stake 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 worth $1,351,435,000 after purchasing an additional 21,073 shares during the period. Smead Capital Management Inc. boosted its holdings in shares of D.R. Horton by 3.5% in the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock worth $480,106,000 after buying an additional 84,835 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in D.R. Horton by 7.3% during the third quarter. Principal Financial Group Inc. now owns 1,777,920 shares of the construction company’s stock valued at $339,174,000 after buying an additional 120,892 shares during the period. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Stock Performance

NYSE:DHI opened at $139.73 on Wednesday. The stock has a market cap of $44.03 billion, a P/E ratio of 9.87, a PEG ratio of 0.60 and a beta of 1.76. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The business’s 50-day moving average price is $147.52 and its two-hundred day moving average price is $168.69. D.R. Horton, Inc. has a twelve month low of $133.02 and a twelve month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.24. The business had revenue of $7.61 billion during the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. D.R. Horton’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.82 earnings per share. As a group, equities analysts predict that D.R. Horton, Inc. will post 13.05 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.15%. The ex-dividend date is Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is currently 11.31%.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on DHI. Wells Fargo & Company dropped their target price on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a research note on Tuesday, December 17th. UBS Group lowered their target price on D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a research note on Wednesday, January 8th. JMP Securities reiterated a “market outperform” rating and set a $210.00 price target on shares of D.R. Horton in a research note on Wednesday, January 22nd. BTIG Research lowered their price objective on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. Finally, Citigroup reduced their target price on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, D.R. Horton presently has an average rating of “Hold” and a consensus price target of $170.93.

D.R. Horton Company 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.