Paradiem LLC Has $6.06 Million Position in D.R. Horton, Inc. (NYSE:DHI)

Paradiem LLC increased its holdings in shares of D.R. Horton, Inc. (NYSE:DHI) by 36.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,346 shares of the construction company’s stock after acquiring an additional 11,584 shares during the quarter. D.R. Horton comprises 1.6% of Paradiem LLC’s portfolio, making the stock its 27th biggest holding. Paradiem LLC’s holdings in D.R. Horton were worth $6,061,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Simon Quick Advisors LLC increased its holdings in shares of D.R. Horton by 11.0% during the 4th quarter. Simon Quick Advisors LLC now owns 1,465 shares of the construction company’s stock worth $205,000 after acquiring an additional 145 shares during the last quarter. Atomi Financial Group Inc. boosted its stake in D.R. Horton by 7.4% in the 4th quarter. Atomi Financial Group Inc. now owns 7,665 shares of the construction company’s stock valued at $1,072,000 after purchasing an additional 531 shares during the period. Legal Advantage Investments Inc. boosted its stake in D.R. Horton by 58.3% in the 4th quarter. Legal Advantage Investments Inc. now owns 6,450 shares of the construction company’s stock valued at $902,000 after purchasing an additional 2,375 shares during the period. Ballentine Partners LLC boosted its stake in D.R. Horton by 73.1% in the 4th quarter. Ballentine Partners LLC now owns 6,946 shares of the construction company’s stock valued at $971,000 after purchasing an additional 2,934 shares during the period. Finally, Atwood & Palmer Inc. boosted its stake in D.R. Horton by 1.0% in the 4th quarter. Atwood & Palmer Inc. now owns 231,410 shares of the construction company’s stock valued at $32,356,000 after purchasing an additional 2,222 shares during the period. 90.63% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at D.R. Horton

In other news, Director Barbara K. Allen sold 5,650 shares of the firm’s stock in a transaction dated Thursday, November 21st. The stock was sold at an average price of $163.10, for a total transaction of $921,515.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.54% of the stock is owned by corporate insiders.

D.R. Horton Price Performance

D.R. Horton stock opened at $147.01 on Thursday. The company has a current ratio of 7.32, a quick ratio of 1.61 and a debt-to-equity ratio of 0.23. The company has a market capitalization of $47.17 billion, a PE ratio of 10.24, a P/E/G ratio of 0.56 and a beta of 1.75. D.R. Horton, Inc. has a 12 month low of $133.02 and a 12 month high of $199.85. The stock has a 50-day moving average price of $151.09 and a two-hundred day moving average price of $169.16.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 21st. The construction company reported $2.61 EPS for the quarter, beating the consensus estimate of $2.37 by $0.24. The firm had revenue of $7.61 billion during the quarter, compared to the consensus estimate of $7,120,170 billion. D.R. Horton had a return on equity of 19.24% and a net margin of 12.93%. The business’s quarterly revenue was down 1.5% on a year-over-year basis. During the same period last year, the company earned $2.82 earnings per share. Analysts expect that D.R. Horton, Inc. will post 13.97 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, February 7th will be given a dividend of $0.40 per share. The ex-dividend date is Friday, February 7th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.09%. D.R. Horton’s dividend payout ratio (DPR) is 11.14%.

Analyst Upgrades and Downgrades

DHI has been the subject of several recent research reports. JMP Securities restated a “market outperform” rating and issued a $210.00 price target on shares of D.R. Horton in a research note on Wednesday. Royal Bank of Canada restated an “underperform” rating and issued a $125.00 price target on shares of D.R. Horton in a research note on Wednesday. The Goldman Sachs Group reduced their price target on D.R. Horton from $200.00 to $171.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Evercore ISI reduced their target price on D.R. Horton from $218.00 to $204.00 and set an “outperform” rating on the stock in a report on Wednesday, October 30th. Finally, BTIG Research reduced their target price on D.R. Horton from $190.00 to $186.00 and set a “buy” rating on the stock in a report on Wednesday, October 30th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $174.53.

D.R. Horton 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.