CreativeOne Wealth LLC Has $743,000 Stock Position in D.R. Horton, Inc. (NYSE:DHI)

CreativeOne Wealth LLC boosted its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 10.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,896 shares of the construction company’s stock after purchasing an additional 371 shares during the period. CreativeOne Wealth LLC’s holdings in D.R. Horton were worth $743,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of DHI. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of D.R. Horton in the 3rd quarter valued at approximately $4,617,000. Glenmede Trust Co. NA lifted its stake in D.R. Horton by 2.6% in the third quarter. Glenmede Trust Co. NA now owns 10,206 shares of the construction company’s stock valued at $1,947,000 after acquiring an additional 262 shares during the last quarter. Soros Capital Management LLC bought a new position in shares of D.R. Horton in the 3rd quarter valued at about $9,901,000. Townsquare Capital LLC increased its stake in shares of D.R. Horton by 36.5% during the 3rd quarter. Townsquare Capital LLC now owns 7,698 shares of the construction company’s stock worth $1,469,000 after purchasing an additional 2,057 shares during the last quarter. Finally, Avestar Capital LLC acquired a new stake in D.R. Horton in the 3rd quarter valued at about $229,000. 90.63% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

DHI has been the topic of a number of recent analyst reports. BTIG Research lowered their price target on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a research report on Wednesday, October 30th. Evercore ISI dropped their price target on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 30th. Wedbush raised shares of D.R. Horton from an “underperform” rating to a “neutral” rating and set a $165.00 price objective for the company in a research report on Tuesday, October 15th. JPMorgan Chase & Co. increased their price objective on shares of D.R. Horton from $180.00 to $188.00 and gave the company a “neutral” rating in a research report on Monday, November 4th. Finally, Wells Fargo & Company reduced their target price on shares of D.R. Horton from $220.00 to $190.00 and set an “overweight” rating for the company in a report on Wednesday, October 30th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $185.87.

D.R. Horton Price Performance

Shares of NYSE DHI opened at $168.78 on Friday. The stock has a market capitalization of $54.21 billion, a PE ratio of 11.75, a P/E/G ratio of 0.62 and a beta of 1.74. D.R. Horton, Inc. has a fifty-two week low of $125.43 and a fifty-two week high of $199.85. The company has a debt-to-equity ratio of 0.23, a current ratio of 7.32 and a quick ratio of 1.61. The business has a fifty day moving average price of $177.29 and a two-hundred day moving average price of $168.21.

D.R. Horton (NYSE:DHI) last posted its quarterly earnings data on Tuesday, October 29th. The construction company reported $3.92 earnings per share for the quarter, missing the consensus estimate of $4.17 by ($0.25). D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The firm had revenue of $10 billion for the quarter, compared to the consensus estimate of $10.22 billion. During the same period in the prior year, the company earned $4.45 EPS. The company’s revenue for the quarter was down 4.7% compared to the same quarter last year. As a group, equities analysts predict that D.R. Horton, Inc. will post 14.4 earnings per share for the current fiscal year.

D.R. Horton Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 19th. Investors of record on Tuesday, November 12th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.95%. This is a boost from D.R. Horton’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, November 12th. D.R. Horton’s dividend payout ratio (DPR) is 11.14%.

Insider Buying and Selling at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of D.R. Horton stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 1.74% of the company’s stock.

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.