Sapient Capital LLC Purchases 3,970 Shares of D.R. Horton, Inc. $DHI

Sapient Capital LLC lifted its position in shares of D.R. Horton, Inc. (NYSE:DHI) by 6.4% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,688 shares of the construction company’s stock after purchasing an additional 3,970 shares during the quarter. Sapient Capital LLC’s holdings in D.R. Horton were worth $11,154,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in DHI. Twin Peaks Wealth Advisors LLC bought a new stake in shares of D.R. Horton during the 2nd quarter valued at $29,000. Bayforest Capital Ltd increased its stake in shares of D.R. Horton by 340.4% in the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock worth $32,000 after acquiring an additional 194 shares in the last quarter. Hantz Financial Services Inc. lifted its position in D.R. Horton by 1,678.9% during the 2nd quarter. Hantz Financial Services Inc. now owns 338 shares of the construction company’s stock valued at $44,000 after acquiring an additional 319 shares during the period. Ransom Advisory Ltd bought a new stake in D.R. Horton during the first quarter worth about $51,000. Finally, Adirondack Trust Co. grew its holdings in D.R. Horton by 53.2% in the second quarter. Adirondack Trust Co. now owns 406 shares of the construction company’s stock worth $52,000 after purchasing an additional 141 shares during the period. Institutional investors own 90.63% of the company’s stock.

D.R. Horton Stock Down 0.2%

D.R. Horton stock opened at $146.31 on Friday. D.R. Horton, Inc. has a 12 month low of $110.44 and a 12 month high of $184.54. The stock has a fifty day simple moving average of $150.49 and a two-hundred day simple moving average of $151.97. The company has a current ratio of 6.48, a quick ratio of 1.18 and a debt-to-equity ratio of 0.24. The firm has a market cap of $42.59 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 1.74 and a beta of 1.38.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Tuesday, October 28th. The construction company reported $3.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.29 by ($0.25). D.R. Horton had a net margin of 10.47% and a return on equity of 14.39%. The business had revenue of $9.68 billion for the quarter, compared to the consensus estimate of $9.44 billion. During the same period in the previous year, the company earned $3.92 earnings per share. The company’s revenue for the quarter was down 3.2% compared to the same quarter last year. Equities analysts predict that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 20th. Stockholders of record on Thursday, November 13th were paid a $0.45 dividend. This is a boost from D.R. Horton’s previous quarterly dividend of $0.40. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Thursday, November 13th. D.R. Horton’s dividend payout ratio (DPR) is presently 15.53%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Evercore ISI set a $169.00 price target on D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday, October 7th. UBS Group lifted their price objective on D.R. Horton from $187.00 to $195.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Barclays boosted their target price on D.R. Horton from $110.00 to $132.00 and gave the stock an “equal weight” rating in a report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research report on Monday, December 22nd. Finally, Citigroup reiterated a “market outperform” rating on shares of D.R. Horton in a research note on Thursday, October 30th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $161.08.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.