Personal CFO Solutions LLC Raises Stake in D.R. Horton, Inc. $DHI

Personal CFO Solutions LLC grew its stake in D.R. Horton, Inc. (NYSE:DHI) by 217.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,078 shares of the construction company’s stock after acquiring an additional 3,477 shares during the quarter. Personal CFO Solutions LLC’s holdings in D.R. Horton were worth $697,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Core Wealth Advisors LLC acquired a new position in shares of D.R. Horton during the 4th quarter valued at about $25,000. Sound Income Strategies LLC acquired a new stake in D.R. Horton during the fourth quarter worth about $27,000. Ameriflex Group Inc. purchased a new position in D.R. Horton during the third quarter worth about $31,000. Osbon Capital Management LLC purchased a new position in D.R. Horton during the fourth quarter worth about $26,000. Finally, Elevated Capital Advisors LLC acquired a new position in D.R. Horton in the 4th quarter valued at about $27,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Wells Fargo & Company raised their price target on shares of D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Royal Bank Of Canada upped their price objective on D.R. Horton from $117.00 to $123.00 and gave the company an “underperform” rating in a report on Wednesday, April 22nd. Barclays increased their price objective on D.R. Horton from $128.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 22nd. Weiss Ratings cut D.R. Horton from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Finally, Seaport Research Partners restated a “neutral” rating on shares of D.R. Horton in a research report on Tuesday, April 7th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $168.54.

D.R. Horton Trading Up 0.7%

DHI opened at $149.61 on Friday. D.R. Horton, Inc. has a 52 week low of $129.11 and a 52 week high of $184.54. The company has a quick ratio of 0.97, a current ratio of 6.46 and a debt-to-equity ratio of 0.27. The business has a fifty day simple moving average of $150.34 and a 200-day simple moving average of $150.23. The firm has a market cap of $42.43 billion, a P/E ratio of 14.02, a P/E/G ratio of 2.08 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, April 21st. The construction company reported $2.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.09. D.R. Horton had a return on equity of 12.94% and a net margin of 9.51%.The firm had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.55 billion. During the same quarter in the prior year, the company earned $2.58 EPS. D.R. Horton’s revenue was down 2.3% on a year-over-year basis. On average, equities analysts expect that D.R. Horton, Inc. will post 10.6 earnings per share for the current year.

D.R. Horton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, May 7th were issued a $0.45 dividend. The ex-dividend date was Thursday, May 7th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. D.R. Horton’s payout ratio is 16.87%.

About D.R. Horton

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.