Lindbrook Capital LLC Acquires 429 Shares of D.R. Horton, Inc. (NYSE:DHI)

Lindbrook Capital LLC boosted its position in D.R. Horton, Inc. (NYSE:DHI) by 15.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,287 shares of the construction company’s stock after purchasing an additional 429 shares during the period. Lindbrook Capital LLC’s holdings in D.R. Horton were worth $500,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of DHI. Clear Street Markets LLC purchased a new position in D.R. Horton in the fourth quarter valued at approximately $28,000. Fairfield Bush & CO. purchased a new position in D.R. Horton in the first quarter valued at approximately $28,000. BluePath Capital Management LLC purchased a new stake in shares of D.R. Horton during the third quarter worth $33,000. Oakworth Capital Inc. purchased a new stake in shares of D.R. Horton during the fourth quarter worth $38,000. Finally, First Pacific Financial purchased a new stake in shares of D.R. Horton during the third quarter worth $41,000. Hedge funds and other institutional investors own 90.63% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Citigroup increased their target price on D.R. Horton from $166.00 to $191.00 and gave the company a “buy” rating in a research note on Friday, April 5th. Seaport Res Ptn cut D.R. Horton from a “buy” rating to a “neutral” rating in a research note on Monday, January 22nd. JMP Securities increased their target price on D.R. Horton from $140.00 to $170.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods reduced their target price on D.R. Horton from $175.00 to $172.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 24th. Finally, The Goldman Sachs Group increased their target price on D.R. Horton from $150.00 to $173.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and twelve have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $158.06.

D.R. Horton Stock Performance

D.R. Horton stock opened at $142.19 on Monday. The company has a current ratio of 7.35, a quick ratio of 1.38 and a debt-to-equity ratio of 0.24. The firm has a 50-day moving average of $151.91 and a 200-day moving average of $139.17. The firm has a market cap of $47.18 billion, a P/E ratio of 9.68, a P/E/G ratio of 0.70 and a beta of 1.64. D.R. Horton, Inc. has a 1-year low of $100.08 and a 1-year high of $165.75.

D.R. Horton (NYSE:DHI) last issued its quarterly earnings data on Thursday, April 18th. The construction company reported $3.52 EPS for the quarter, topping 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 business 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 posted $2.73 earnings per share. D.R. Horton’s quarterly revenue was up 14.2% compared to the same quarter last year. Sell-side analysts expect that D.R. Horton, Inc. will post 14.25 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd will be issued a $0.30 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $1.20 annualized dividend and a yield of 0.84%. D.R. Horton’s dividend payout ratio (DPR) is presently 8.17%.

Insiders Place Their Bets

In other news, Director Barbara K. Allen sold 449 shares of D.R. Horton stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction of $67,076.11. Following the completion of the transaction, the director now directly owns 5,650 shares in the company, valued at $844,053.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Barbara K. Allen sold 1,748 shares of D.R. Horton stock in a transaction that occurred on Tuesday, January 30th. The shares were sold at an average price of $143.26, for a total transaction of $250,418.48. Following the completion of the transaction, the director now directly owns 5,650 shares in the company, valued at $809,419. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Barbara K. Allen sold 449 shares of D.R. Horton stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $149.39, for a total transaction of $67,076.11. Following the transaction, the director now owns 5,650 shares of the company’s stock, valued at $844,053.50. The disclosure for this sale can be found here. Insiders sold 27,197 shares of company stock worth $4,225,745 over the last three months. Company insiders own 1.74% of the company’s stock.

About D.R. Horton

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.