Atomi Financial Group Inc. Has $1.07 Million Stake in D.R. Horton, Inc. (NYSE:DHI)

Atomi Financial Group Inc. lifted its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 7.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,665 shares of the construction company’s stock after purchasing an additional 531 shares during the quarter. Atomi Financial Group Inc.’s holdings in D.R. Horton were worth $1,072,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Mountaineer Partners Management LLC bought a new position in D.R. Horton in the third quarter valued at approximately $1,853,178,000. FMR LLC lifted its position in 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 acquiring an additional 2,442,581 shares in the last quarter. Geode Capital Management LLC boosted its stake in D.R. Horton by 0.3% in 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. increased its holdings in D.R. Horton by 3.5% during the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock worth $480,106,000 after purchasing an additional 84,835 shares in the last quarter. Finally, Earnest Partners LLC raised its stake in shares of D.R. Horton by 0.4% in the 2nd quarter. Earnest Partners LLC now owns 2,064,149 shares of the construction company’s stock valued at $290,901,000 after purchasing an additional 9,137 shares during the period. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at D.R. Horton

In related news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $163.10, for a total transaction of $921,515.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DHI. UBS Group reduced their price objective on D.R. Horton from $214.00 to $203.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. The Goldman Sachs Group decreased their price target on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Royal Bank of Canada reissued an “underperform” rating and issued a $125.00 price objective on shares of D.R. Horton in a research report on Wednesday. Wells Fargo & Company dropped their target price on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating on the stock in a report on Tuesday, December 17th. Finally, Barclays dropped their price objective on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $174.53.

D.R. Horton Stock Performance

NYSE DHI opened at $147.01 on Thursday. D.R. Horton, Inc. has a 52-week low of $133.02 and a 52-week high of $199.85. The stock has a market cap of $47.17 billion, a PE ratio of 10.24, a P/E/G ratio of 0.56 and a beta of 1.75. The firm has a 50-day moving average of $151.09 and a 200-day moving average of $169.16. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.61 and a current ratio of 7.32.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.37 by $0.24. The company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7,120,170 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The business’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.82 earnings per share. On average, sell-side analysts anticipate that D.R. Horton, Inc. will post 13.97 EPS for the current year.

D.R. Horton Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, February 7th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.09%. The ex-dividend date is Friday, February 7th. D.R. Horton’s payout ratio is 11.14%.

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.