Timber Hill LLC Purchases 20,511 Shares of D. R. Horton Inc (DHI)

Timber Hill LLC boosted its position in D. R. Horton Inc (NYSE:DHI) by 338.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,575 shares of the construction company’s stock after acquiring an additional 20,511 shares during the period. Timber Hill LLC’s holdings in D. R. Horton were worth $1,357,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Csenge Advisory Group bought a new position in shares of D. R. Horton in the third quarter valued at approximately $237,000. Goodman Financial Corp lifted its holdings in shares of D. R. Horton by 4.2% in the third quarter. Goodman Financial Corp now owns 188,218 shares of the construction company’s stock valued at $7,516,000 after purchasing an additional 7,593 shares in the last quarter. Toronto Dominion Bank lifted its holdings in shares of D. R. Horton by 11.5% in the third quarter. Toronto Dominion Bank now owns 134,772 shares of the construction company’s stock valued at $5,382,000 after purchasing an additional 13,940 shares in the last quarter. Koshinski Asset Management Inc. lifted its holdings in shares of D. R. Horton by 179.8% in the fourth quarter. Koshinski Asset Management Inc. now owns 45,068 shares of the construction company’s stock valued at $2,302,000 after purchasing an additional 28,959 shares in the last quarter. Finally, Assenagon Asset Management S.A. bought a new position in shares of D. R. Horton in the fourth quarter valued at approximately $56,286,000. Institutional investors and hedge funds own 81.87% of the company’s stock.

Shares of D. R. Horton Inc (NYSE DHI) opened at $44.93 on Thursday. The company has a market capitalization of $16,976.57, a price-to-earnings ratio of 16.83, a P/E/G ratio of 1.20 and a beta of 1.09. D. R. Horton Inc has a fifty-two week low of $30.61 and a fifty-two week high of $53.32. The company has a current ratio of 7.03, a quick ratio of 0.92 and a debt-to-equity ratio of 0.40.

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 the Zacks’ consensus estimate of $0.64 by $0.13. The business had revenue of $3.33 billion for the quarter, compared to analyst estimates of $3.26 billion. D. R. Horton had a return on equity of 14.83% and a net margin of 7.03%. D. R. Horton’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period last year, the company posted $0.55 earnings per share. analysts anticipate that D. R. Horton Inc will post 3.75 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be issued a dividend of $0.125 per share. The ex-dividend date of this dividend is Thursday, February 22nd. This represents a $0.50 dividend on an annualized basis and a yield of 1.11%. D. R. Horton’s dividend payout ratio (DPR) is currently 18.73%.

In other D. R. Horton news, CFO Bill W. Wheat sold 19,677 shares of the firm’s stock in a transaction on Friday, November 24th. The stock was sold at an average price of $49.65, for a total value of $976,963.05. Following the completion of the sale, the chief financial officer now directly owns 100,081 shares of the company’s stock, valued at $4,969,021.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Barbara K. Allen sold 3,667 shares of the firm’s stock in a transaction 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 completion of the sale, the director now directly owns 11,317 shares of the company’s stock, valued at $540,613.09. The disclosure for this sale can be found here. Insiders have sold 240,576 shares of company stock worth $10,761,624 over the last quarter. 7.20% of the stock is currently owned by corporate insiders.

DHI has been the topic of a number of recent research reports. UBS Group initiated coverage on D. R. Horton in a report on Wednesday, October 25th. They issued a “buy” rating and a $50.00 target price on the stock. Barclays raised their target price on D. R. Horton from $34.00 to $41.00 and gave the company an “equal weight” rating in a report on Friday, November 10th. Royal Bank of Canada raised their target price on D. R. Horton to $57.00 and gave the company an “outperform” rating in a report on Monday, December 18th. ValuEngine lowered D. R. Horton from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st. Finally, Buckingham Research raised their target price on D. R. Horton from $39.00 to $44.00 and gave the company a “neutral” rating in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. D. R. Horton has a consensus rating of “Hold” and an average target price of $52.69.

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D. R. Horton Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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

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