Oarsman Capital Inc. Raises Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Oarsman Capital Inc. lifted its holdings in D.R. Horton, Inc. (NYSE:DHI) by 146.7% in the fourth quarter, HoldingsChannel reports. The firm owned 333 shares of the construction company’s stock after purchasing an additional 198 shares during the quarter. Oarsman Capital Inc.’s holdings in D.R. Horton were worth $46,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Resona Asset Management Co. Ltd. bought a new stake in shares of D.R. Horton in the 4th quarter worth about $13,943,000. Lynwood Price Capital Management LP bought a new stake in D.R. Horton during the fourth quarter worth approximately $4,894,000. World Investment Advisors raised its position in D.R. Horton by 45.2% during the fourth quarter. World Investment Advisors now owns 4,259 shares of the construction company’s stock valued at $596,000 after purchasing an additional 1,326 shares during the period. OneAscent Financial Services LLC lifted its stake in shares of D.R. Horton by 21.2% in the 4th quarter. OneAscent Financial Services LLC now owns 3,325 shares of the construction company’s stock valued at $465,000 after purchasing an additional 582 shares during the last quarter. Finally, Cynosure Group LLC boosted its holdings in shares of D.R. Horton by 199.8% in the 4th quarter. Cynosure Group LLC now owns 6,970 shares of the construction company’s stock worth $975,000 after purchasing an additional 4,645 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Up 4.4 %

NYSE:DHI opened at $127.67 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The firm has a market cap of $40.23 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 0.54 and a beta of 1.61. The company has a 50-day moving average of $131.02 and a 200 day moving average of $152.44. D.R. Horton, Inc. has a 1-year low of $118.00 and a 1-year high of $199.85.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data 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. The firm had revenue of $7.61 billion for the quarter, compared to the consensus estimate of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the firm earned $2.82 earnings per share. As a group, research analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were given a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s payout ratio is 11.31%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on DHI shares. Wells Fargo & Company lowered their price target on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Barclays dropped their price target on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. Wedbush reissued a “neutral” rating and issued a $180.00 price objective on shares of D.R. Horton in a research report on Friday, January 17th. Seaport Res Ptn upgraded D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Finally, Royal Bank of Canada reiterated an “underperform” rating and issued a $125.00 price target on shares of D.R. Horton in a report on Wednesday, January 22nd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.