Generali Investments CEE investicni spolecnost a.s. Takes $1.50 Million Position in D.R. Horton, Inc. (NYSE:DHI)

Generali Investments CEE investicni spolecnost a.s. purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 10,700 shares of the construction company’s stock, valued at approximately $1,496,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mountaineer Partners Management LLC acquired a new position in D.R. Horton during the 3rd quarter worth $1,853,178,000. FMR LLC boosted its stake in shares of D.R. Horton by 44.7% in the 3rd quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock valued at $1,508,252,000 after buying an additional 2,442,581 shares during the period. Raymond James Financial Inc. acquired a new position in shares of D.R. Horton during the fourth quarter worth about $98,720,000. Zurich Insurance Group Ltd FI purchased a new stake in shares of D.R. Horton during the third quarter worth approximately $72,672,000. Finally, Proficio Capital Partners LLC raised its holdings in D.R. Horton by 22,199.7% in the fourth quarter. Proficio Capital Partners LLC now owns 262,914 shares of the construction company’s stock valued at $36,761,000 after acquiring an additional 261,735 shares in the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

D.R. Horton Trading Down 0.4 %

Shares of DHI stock opened at $133.42 on Friday. The company has a market capitalization of $42.04 billion, a P/E ratio of 9.43, a price-to-earnings-growth ratio of 0.54 and a beta of 1.80. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. The business’s 50 day moving average is $136.37 and its two-hundred day moving average is $161.08. D.R. Horton, Inc. has a twelve month low of $124.23 and a twelve month high of $199.85.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data 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. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company had revenue of $7.61 billion for the quarter, compared to analysts’ expectations of $7.12 billion. During the same period in the previous year, the company posted $2.82 EPS. D.R. Horton’s revenue was down 1.5% compared to the same quarter last year. Equities analysts forecast 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 given a $0.40 dividend. The ex-dividend date was Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a yield of 1.20%. D.R. Horton’s payout ratio is currently 11.31%.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of analyst reports. Bank of America cut D.R. Horton from a “buy” rating to a “neutral” rating and cut their price target for the company from $160.00 to $150.00 in a research note on Monday, January 27th. Royal Bank of Canada reissued an “underperform” rating and set a $125.00 price objective on shares of D.R. Horton in a report on Wednesday, January 22nd. The Goldman Sachs Group dropped their target price on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. StockNews.com raised shares of D.R. Horton from a “sell” rating to a “hold” rating in a research report on Saturday, January 25th. Finally, Wedbush reaffirmed a “neutral” rating and set a $180.00 price objective on shares of D.R. Horton in a report on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus target price 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.