Traders Sell D. R. Horton (DHI) on Strength (DHI)

Traders sold shares of D. R. Horton (NYSE:DHI) on strength during trading on Friday. $18.96 million flowed into the stock on the tick-up and $56.29 million flowed out of the stock on the tick-down, for a money net flow of $37.33 million out of the stock. Of all companies tracked, D. R. Horton had the 12th highest net out-flow for the day. D. R. Horton traded up $0.26 for the day and closed at $44.48

Several research firms have weighed in on DHI. Mizuho reaffirmed a “hold” rating and set a $47.00 price objective on shares of D. R. Horton in a research report on Thursday, March 22nd. ValuEngine raised D. R. Horton from a “hold” rating to a “buy” rating in a research report on Friday, March 23rd. Wedbush reaffirmed an “outperform” rating and set a $50.00 price objective on shares of D. R. Horton in a research report on Friday, March 23rd. Barclays raised D. R. Horton from an “equal weight” rating to an “overweight” rating and set a $52.00 price objective on the stock in a research report on Monday, March 26th. Finally, Bank of America lifted their price objective on D. R. Horton to $71.00 and gave the company a “buy” rating in a research report on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $51.88.

The company has a debt-to-equity ratio of 0.40, a current ratio of 7.03 and a quick ratio of 0.92. The stock has a market capitalization of $16,735.98, a P/E ratio of 16.23, a P/E/G ratio of 1.16 and a beta of 1.12.



D. R. Horton (NYSE:DHI) last issued its quarterly earnings results on Wednesday, January 31st. The construction company reported $0.77 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.13. D. R. Horton had a return on equity of 14.83% and a net margin of 7.03%. The firm had revenue of $3.33 billion for the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the previous year, the firm posted $0.55 EPS. The business’s revenue for the quarter was up 14.8% compared to the same quarter last year. equities analysts anticipate that D. R. Horton will post 3.82 EPS for the current year.

In other news, Director Barbara K. Allen sold 3,667 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $47.77, for a total value of $175,172.59. Following the sale, the director now directly owns 11,317 shares of the company’s stock, valued at approximately $540,613.09. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Barbara K. Allen sold 940 shares of the business’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $42.66, for a total value of $40,100.40. Following the completion of the sale, the director now directly owns 6,590 shares in the company, valued at $281,129.40. The disclosure for this sale can be found here. Over the last three months, insiders sold 245,602 shares of company stock worth $10,828,080. Insiders own 7.20% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Jackson Grant Investment Advisers Inc. purchased a new position in D. R. Horton in the 4th quarter worth approximately $110,000. Calton & Associates Inc. purchased a new position in D. R. Horton in the 4th quarter worth approximately $193,000. Tiemann Investment Advisors LLC purchased a new position in D. R. Horton in the 4th quarter worth approximately $203,000. Court Place Advisors LLC purchased a new position in D. R. Horton in the 4th quarter worth approximately $204,000. Finally, Koch Industries Inc. purchased a new position in D. R. Horton in the 4th quarter worth approximately $204,000. Institutional investors own 84.66% of the company’s stock.

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About D. R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

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