GSA Capital Partners LLP Purchases New Holdings in D. R. Horton Inc (DHI)

GSA Capital Partners LLP purchased a new position in shares of D. R. Horton Inc (NYSE:DHI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 42,390 shares of the construction company’s stock, valued at approximately $1,788,000.

A number of other institutional investors have also recently added to or reduced their stakes in DHI. BlackRock Inc. increased its stake in shares of D. R. Horton by 0.5% in the 2nd quarter. BlackRock Inc. now owns 30,114,048 shares of the construction company’s stock valued at $1,234,675,000 after acquiring an additional 161,262 shares in the last quarter. Sanders Capital LLC increased its stake in shares of D. R. Horton by 0.7% in the 3rd quarter. Sanders Capital LLC now owns 14,076,890 shares of the construction company’s stock valued at $645,407,000 after acquiring an additional 94,674 shares in the last quarter. FMR LLC increased its stake in shares of D. R. Horton by 1.8% in the 2nd quarter. FMR LLC now owns 12,797,426 shares of the construction company’s stock valued at $524,694,000 after acquiring an additional 223,953 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of D. R. Horton by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 5,788,547 shares of the construction company’s stock valued at $244,143,000 after acquiring an additional 74,437 shares in the last quarter. Finally, Northern Trust Corp increased its stake in shares of D. R. Horton by 1.5% in the 2nd quarter. Northern Trust Corp now owns 4,342,827 shares of the construction company’s stock valued at $178,056,000 after acquiring an additional 65,580 shares in the last quarter. Hedge funds and other institutional investors own 79.23% of the company’s stock.

NYSE DHI opened at $37.99 on Tuesday. D. R. Horton Inc has a 12-month low of $32.53 and a 12-month high of $53.32. The company has a debt-to-equity ratio of 0.35, a current ratio of 7.25 and a quick ratio of 1.31. The firm has a market capitalization of $14.45 billion, a P/E ratio of 9.29, a price-to-earnings-growth ratio of 0.70 and a beta of 1.25.

D. R. Horton (NYSE:DHI) last posted its quarterly earnings results on Thursday, November 8th. The construction company reported $1.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.22. D. R. Horton had a net margin of 9.09% and a return on equity of 18.27%. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same quarter last year, the firm posted $0.82 EPS. D. R. Horton’s revenue was up 8.3% compared to the same quarter last year. On average, sell-side analysts expect that D. R. Horton Inc will post 4.34 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 10th. Investors of record on Monday, November 26th will be given a $0.15 dividend. The ex-dividend date is Friday, November 23rd. This represents a $0.60 annualized dividend and a yield of 1.58%. This is an increase from D. R. Horton’s previous quarterly dividend of $0.13. D. R. Horton’s dividend payout ratio (DPR) is presently 14.67%.

DHI has been the subject of several research analyst reports. JMP Securities set a $44.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research note on Wednesday, November 21st. Royal Bank of Canada set a $38.00 price objective on shares of D. R. Horton and gave the company a “hold” rating in a research note on Friday, November 9th. Bank of America set a $65.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research note on Thursday, October 11th. ValuEngine lowered shares of D. R. Horton from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Finally, Mizuho set a $40.00 price objective on shares of D. R. Horton and gave the company a “hold” rating in a research note on Thursday, November 15th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $47.86.

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D. R. Horton Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

Read More: Earnings Reports

Institutional Ownership by Quarter for D. R. Horton (NYSE:DHI)

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