Livforsakringsbolaget Skandia Omsesidigt Has $2.71 Million Stake in D.R. Horton, Inc. (NYSE:DHI)

Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 1.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 17,832 shares of the construction company’s stock after acquiring an additional 255 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in D.R. Horton were worth $2,710,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Clear Street Markets LLC acquired a new stake in shares of D.R. Horton in the fourth quarter valued at approximately $28,000. Fairfield Bush & CO. acquired a new stake in shares of D.R. Horton in the first quarter valued at approximately $28,000. Mascoma Wealth Management LLC increased its holdings in shares of D.R. Horton by 345.6% in the third quarter. Mascoma Wealth Management LLC now owns 303 shares of the construction company’s stock valued at $33,000 after purchasing an additional 235 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in shares of D.R. Horton in the third quarter valued at approximately $33,000. Finally, Oakworth Capital Inc. acquired a new stake in shares of D.R. Horton in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 90.63% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Keefe, Bruyette & Woods lowered their target price on shares of D.R. Horton from $175.00 to $172.00 and set an “outperform” rating for the company in a report on Wednesday, January 24th. Wedbush lowered shares of D.R. Horton from a “neutral” rating to an “underperform” rating and set a $130.00 target price for the company. in a report on Tuesday, April 2nd. BTIG Research lowered their target price on shares of D.R. Horton from $174.00 to $169.00 and set a “buy” rating for the company in a report on Tuesday. Raymond James lifted their target price on shares of D.R. Horton from $140.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. Finally, The Goldman Sachs Group lifted their target price on shares of D.R. Horton from $150.00 to $173.00 and gave the stock a “buy” rating in a report on Thursday, January 11th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, D.R. Horton presently has a consensus rating of “Moderate Buy” and an average price target of $154.00.

Insider Activity at D.R. Horton

In other D.R. Horton news, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total value of $3,908,250.00. Following the sale, the insider now directly owns 773,121 shares in the company, valued at approximately $120,862,005.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other D.R. Horton news, Director Barbara K. Allen sold 1,748 shares of D.R. Horton stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total value of $250,418.48. Following the sale, the director now directly owns 5,650 shares in the company, valued at approximately $809,419. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the completion of the sale, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 27,197 shares of company stock valued at $4,225,745. 1.74% of the stock is owned by corporate insiders.

D.R. Horton Stock Down 0.2 %

DHI traded down $0.31 during trading on Wednesday, hitting $145.74. The company had a trading volume of 3,065,036 shares, compared to its average volume of 2,530,645. The company has a market capitalization of $48.36 billion, a PE ratio of 10.51, a PEG ratio of 0.74 and a beta of 1.64. D.R. Horton, Inc. has a one year low of $100.08 and a one year high of $165.75. The firm’s 50-day moving average price is $151.92 and its 200 day moving average price is $138.32. The company has a quick ratio of 1.20, a current ratio of 6.56 and a debt-to-equity ratio of 0.22.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, January 23rd. The construction company reported $2.82 EPS for the quarter, missing the consensus estimate of $2.88 by ($0.06). The company had revenue of $7.73 billion during the quarter, compared to the consensus estimate of $7.55 billion. D.R. Horton had a net margin of 13.18% and a return on equity of 21.06%. The company’s revenue was up 6.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.76 earnings per share. As a group, equities analysts expect that D.R. Horton, Inc. will post 14.24 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Tuesday, February 6th were given a $0.30 dividend. The ex-dividend date was Monday, February 5th. This represents a $1.20 annualized dividend and a yield of 0.82%. D.R. Horton’s dividend payout ratio is currently 8.63%.

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.