Eads & Heald Wealth Management Acquires 19,545 Shares of D. R. Horton Inc (DHI)

Eads & Heald Wealth Management lifted its holdings in D. R. Horton Inc (NYSE:DHI) by 77.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 44,648 shares of the construction company’s stock after buying an additional 19,545 shares during the quarter. Eads & Heald Wealth Management’s holdings in D. R. Horton were worth $1,883,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Qube Research & Technologies Ltd grew its position in shares of D. R. Horton by 2,033.5% in the 2nd quarter. Qube Research & Technologies Ltd now owns 3,883 shares of the construction company’s stock worth $159,000 after buying an additional 3,701 shares during the period. Piedmont Investment Advisors LLC purchased a new stake in shares of D. R. Horton in the 2nd quarter worth about $162,000. Hollencrest Capital Management purchased a new stake in shares of D. R. Horton in the 3rd quarter worth about $205,000. Atria Investments LLC purchased a new stake in shares of D. R. Horton in the 2nd quarter worth about $214,000. Finally, United Asset Strategies Inc. purchased a new stake in shares of D. R. Horton in the 2nd quarter worth about $231,000. 83.92% of the stock is currently owned by hedge funds and other institutional investors.

Shares of DHI stock opened at $35.96 on Thursday. D. R. Horton Inc has a one year low of $34.37 and a one year high of $53.32. The stock has a market cap of $13.69 billion, a P/E ratio of 9.88, a PEG ratio of 0.80 and a beta of 1.08. The company has a current ratio of 7.06, a quick ratio of 1.11 and a debt-to-equity ratio of 0.35.



Several analysts recently commented on the stock. Mizuho set a $46.00 price objective on shares of D. R. Horton and gave the company a “hold” rating in a research report on Monday, August 6th. JMP Securities set a $47.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research report on Tuesday, October 9th. Wedbush reissued an “outperform” rating and set a $47.00 price objective on shares of D. R. Horton in a research report on Friday, September 14th. ValuEngine downgraded shares of D. R. Horton from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 17th. Finally, Barclays set a $51.00 price objective on shares of D. R. Horton and gave the company a “buy” rating in a research report on Friday, September 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the company’s stock. D. R. Horton presently has a consensus rating of “Buy” and a consensus target price of $51.93.

In other news, Director Michael W. Hewatt sold 3,000 shares of the firm’s stock in a transaction dated Friday, August 24th. The shares were sold at an average price of $45.01, for a total transaction of $135,030.00. Following the sale, the director now owns 11,000 shares of the company’s stock, valued at approximately $495,110. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 7.20% of the company’s stock.

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.

Further Reading: Stock Symbols, CUSIP and Other Stock Identifiers

Institutional Ownership by Quarter for D. R. Horton (NYSE:DHI)

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