3,295 Shares in D.R. Horton, Inc. (NYSE:DHI) Bought by Kapstone Financial Advisors LLC

Kapstone Financial Advisors LLC purchased a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) during the fourth quarter, Holdings Channel reports. The firm purchased 3,295 shares of the construction company’s stock, valued at approximately $466,000.

A number of other large investors have also added to or reduced their stakes in the company. BluePath Capital Management LLC bought a new stake in shares of D.R. Horton in the third quarter worth about $33,000. Oakworth Capital Inc. bought a new stake in shares of D.R. Horton in the fourth quarter worth about $38,000. First Pacific Financial bought a new stake in shares of D.R. Horton in the third quarter worth about $41,000. Silver Oak Securities Incorporated bought a new stake in shares of D.R. Horton in the third quarter worth about $43,000. Finally, JFS Wealth Advisors LLC grew its stake in shares of D.R. Horton by 85.8% in the third quarter. JFS Wealth Advisors LLC now owns 420 shares of the construction company’s stock worth $45,000 after purchasing an additional 194 shares during the last quarter. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analysts Set New Price Targets

DHI has been the topic of several research reports. Bank of America cut their price objective on D.R. Horton from $182.00 to $168.00 and set a “buy” rating on the stock in a research report on Friday, April 19th. Barclays cut their price objective on D.R. Horton from $186.00 to $176.00 and set an “overweight” rating on the stock in a research report on Friday, April 19th. The Goldman Sachs Group lifted their target price on shares of D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Wedbush reiterated an “underperform” rating and set a $130.00 target price on shares of D.R. Horton in a report on Thursday, April 18th. Finally, 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, April 16th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $158.06.

D.R. Horton Stock Up 0.8 %

NYSE DHI traded up $1.13 during mid-day trading on Friday, reaching $145.33. The stock had a trading volume of 2,057,426 shares, compared to its average volume of 2,504,805. D.R. Horton, Inc. has a 1 year low of $100.08 and a 1 year high of $165.75. The stock has a market cap of $47.86 billion, a PE ratio of 9.89, a price-to-earnings-growth ratio of 0.72 and a beta of 1.64. The company has a fifty day moving average price of $151.99 and a 200 day moving average price of $140.33. The company has a debt-to-equity ratio of 0.24, a current ratio of 7.35 and a quick ratio of 1.38.

D.R. Horton (NYSE:DHI) last announced its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.44. The business had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The company’s quarterly revenue was up 14.2% compared to the same quarter last year. During the same period in the previous year, the business earned $2.73 EPS. On average, research analysts expect that D.R. Horton, Inc. will post 14.31 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $1.20 dividend on an annualized basis and a yield of 0.83%. D.R. Horton’s dividend payout ratio is presently 8.17%.

Insider Buying and Selling at D.R. Horton

In other news, Director Barbara K. Allen sold 1,748 shares of the business’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total transaction of $250,418.48. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $809,419. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, Director Barbara K. Allen sold 1,748 shares of the business’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total transaction of $250,418.48. Following the completion of the sale, the director now owns 5,650 shares of the company’s stock, valued at approximately $809,419. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider David V. Auld sold 25,000 shares of the business’s 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 sale, the insider now directly owns 773,121 shares of the company’s stock, valued at approximately $120,862,005.93. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,560 shares of company stock worth $4,279,636. Insiders own 1.74% of the company’s stock.

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.