Everpar Advisors LLC Makes New Investment in D.R. Horton, Inc. (NYSE:DHI)

Everpar Advisors LLC acquired a new stake in shares of D.R. Horton, Inc. (NYSE:DHI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,728 shares of the construction company’s stock, valued at approximately $415,000.

Other hedge funds also recently made changes to their positions in the company. Sawgrass Asset Management LLC bought a new stake in D.R. Horton during the fourth quarter worth about $740,000. Barlow Wealth Partners Inc. purchased a new stake in D.R. Horton in the fourth quarter worth approximately $274,000. Crestone Asset Management LLC bought a new position in D.R. Horton during the fourth quarter valued at approximately $208,000. Charles Schwab Investment Management Inc. raised its stake in shares of D.R. Horton by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,921,431 shares of the construction company’s stock worth $292,019,000 after acquiring an additional 32,700 shares in the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its holdings in shares of D.R. Horton by 12.4% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,056 shares of the construction company’s stock worth $616,000 after acquiring an additional 446 shares during the last quarter. 90.63% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DHI has been the subject of several analyst reports. Barclays cut their price target on shares of D.R. Horton from $186.00 to $176.00 and set an “overweight” rating for the company in a research report on Friday, April 19th. BTIG Research dropped their price target on shares of D.R. Horton from $174.00 to $169.00 and set a “buy” rating for the company in a research report on Tuesday, April 16th. UBS Group boosted their price objective on shares of D.R. Horton from $192.00 to $200.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Seaport Res Ptn lowered shares of D.R. Horton from a “buy” rating to a “neutral” rating in a report on Monday, January 22nd. Finally, Jefferies Financial Group boosted their price target on D.R. Horton from $141.00 to $153.00 and gave the company a “hold” rating in a report on Friday, April 19th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.41.

D.R. Horton Stock Down 2.4 %

Shares of D.R. Horton stock traded down $3.65 during trading on Wednesday, hitting $147.75. The company’s stock had a trading volume of 2,849,962 shares, compared to its average volume of 2,541,169. D.R. Horton, Inc. has a 52 week low of $100.08 and a 52 week high of $165.75. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.38 and a current ratio of 7.35. The company has a fifty day simple moving average of $152.32 and a two-hundred day simple moving average of $142.72. The company has a market capitalization of $48.66 billion, a PE ratio of 10.06, a P/E/G ratio of 0.73 and a beta of 1.66.

D.R. Horton (NYSE:DHI) last released its earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.44. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The firm had revenue of $9.11 billion during the quarter, compared to analyst estimates of $8.15 billion. During the same period last year, the business earned $2.73 earnings per share. The business’s revenue was up 14.2% on a year-over-year basis. Equities research analysts predict that D.R. Horton, Inc. will post 14.31 earnings per share for the current year.

D.R. Horton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, May 2nd will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 0.81%. The ex-dividend date of this dividend is Wednesday, May 1st. D.R. Horton’s payout ratio is 8.17%.

Insider Buying and Selling at D.R. Horton

In related news, insider David V. Auld sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total value of $3,908,250.00. Following the transaction, the insider now directly owns 773,121 shares of the company’s stock, valued at approximately $120,862,005.93. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, insider David V. Auld sold 25,000 shares of D.R. Horton stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $156.33, for a total value of $3,908,250.00. Following the completion of the sale, the insider now directly owns 773,121 shares in the company, valued at $120,862,005.93. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Barbara K. Allen sold 363 shares of the stock in a transaction that occurred on Tuesday, April 23rd. The shares were sold at an average price of $148.46, for a total transaction of $53,890.98. Following the transaction, the director now owns 5,650 shares in the company, valued at approximately $838,799. The disclosure for this sale can be found here. In the last ninety days, insiders sold 27,812 shares of company stock worth $4,330,617. 1.74% of the stock is owned by corporate insiders.

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.