Atria Investments Inc Increases Stake in D.R. Horton, Inc. (NYSE:DHI)

Atria Investments Inc boosted its stake in D.R. Horton, Inc. (NYSE:DHI) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,303 shares of the construction company’s stock after purchasing an additional 1,456 shares during the period. Atria Investments Inc’s holdings in D.R. Horton were worth $8,432,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DHI. Mountaineer Partners Management LLC bought a new stake in shares of D.R. Horton in the 3rd quarter worth approximately $1,853,178,000. FMR LLC grew its position in shares of D.R. Horton by 44.7% in the 3rd quarter. FMR LLC now owns 7,906,129 shares of the construction company’s stock worth $1,508,252,000 after buying an additional 2,442,581 shares during the last quarter. Geode Capital Management LLC grew its position in shares of 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 buying an additional 21,073 shares during the last quarter. Smead Capital Management Inc. grew its position in shares of D.R. Horton by 3.5% in the 3rd quarter. Smead Capital Management Inc. now owns 2,516,673 shares of the construction company’s stock worth $480,106,000 after buying an additional 84,835 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of D.R. Horton by 2.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,858,514 shares of the construction company’s stock worth $259,857,000 after buying an additional 47,678 shares during the last quarter. 90.63% of the stock is owned by hedge funds and other institutional investors.

D.R. Horton Trading Up 2.8 %

Shares of NYSE:DHI opened at $129.47 on Thursday. The company has a market cap of $40.80 billion, a P/E ratio of 9.15, a PEG ratio of 0.54 and a beta of 1.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. D.R. Horton, Inc. has a 1 year low of $124.23 and a 1 year high of $199.85. The stock’s fifty day moving average price is $136.65 and its 200-day moving average price is $161.73.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The firm had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the company posted $2.82 earnings per share. The company’s quarterly revenue was down 1.5% on a year-over-year basis. Sell-side analysts expect that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s dividend payout ratio is 11.31%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on DHI shares. StockNews.com upgraded D.R. Horton from a “sell” rating to a “hold” rating in a research report on Saturday, January 25th. Raymond James lowered D.R. Horton from an “outperform” rating to a “market perform” rating in a research report on Thursday, November 7th. Wedbush restated a “neutral” rating and set a $180.00 price target on shares of D.R. Horton in a research report on Friday, January 17th. UBS Group dropped their price target on D.R. Horton from $214.00 to $203.00 and set a “buy” rating on the stock in a research report on Wednesday, January 8th. Finally, Barclays dropped their target price on D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, D.R. Horton currently has an average rating of “Hold” and a consensus target price of $170.93.

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.