D.R. Horton, Inc. (NYSE:DHI) Shares Sold by Oxford Financial Group LTD. LLC

Oxford Financial Group LTD. LLC lessened its holdings in D.R. Horton, Inc. (NYSE:DHI) by 10.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,512 shares of the construction company’s stock after selling 412 shares during the quarter. Oxford Financial Group LTD. LLC’s holdings in D.R. Horton were worth $534,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oakworth Capital Inc. acquired a new position in D.R. Horton in the 4th quarter worth approximately $38,000. Private Wealth Management Group LLC acquired a new position in D.R. Horton in the 4th quarter worth approximately $42,000. Silver Oak Securities Incorporated acquired a new stake in shares of D.R. Horton during the 3rd quarter worth approximately $43,000. Friedenthal Financial acquired a new stake in shares of D.R. Horton during the 4th quarter worth approximately $47,000. Finally, AdvisorNet Financial Inc grew its stake in shares of D.R. Horton by 81.8% during the 4th quarter. AdvisorNet Financial Inc now owns 360 shares of the construction company’s stock worth $55,000 after purchasing an additional 162 shares during the period. Institutional investors and hedge funds own 90.63% of the company’s stock.

D.R. Horton Trading Down 0.4 %

Shares of DHI stock opened at $142.83 on Friday. The company’s 50-day moving average price is $146.74 and its 200-day moving average price is $147.89. 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 stock has a market cap of $47.03 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 0.71 and a beta of 1.68. D.R. Horton, Inc. has a twelve month low of $100.08 and a twelve month high of $165.75.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings results on Thursday, April 18th. The construction company reported $3.52 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.44. The firm had revenue of $9.11 billion for the quarter, compared to analysts’ expectations of $8.15 billion. D.R. Horton had a net margin of 13.39% and a return on equity of 21.32%. The company’s revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.73 EPS. As a group, equities analysts predict that D.R. Horton, Inc. will post 14.26 earnings per share for the current year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, May 9th. Shareholders of record on Thursday, May 2nd were given a $0.30 dividend. The ex-dividend date was Wednesday, May 1st. This represents a $1.20 dividend on an annualized basis and a yield of 0.84%. D.R. Horton’s payout ratio is currently 8.17%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Royal Bank of Canada dropped their price objective on shares of D.R. Horton from $142.00 to $141.00 and set an “underperform” rating on the stock in a research note on Friday, April 19th. UBS Group raised their price objective on shares of D.R. Horton from $192.00 to $200.00 and gave the stock a “buy” rating in a research note on Friday, April 19th. Jefferies Financial Group raised their price objective on shares of D.R. Horton from $141.00 to $153.00 and gave the stock a “hold” rating in a research note on Friday, April 19th. Wedbush reissued an “underperform” rating and issued a $130.00 price target on shares of D.R. Horton in a research note on Thursday, April 18th. Finally, BTIG Research cut 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 report on Tuesday, April 16th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $158.31.

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, insider David V. Auld sold 25,000 shares of the company’s stock in a transaction dated 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 transaction, the insider now owns 773,121 shares of the company’s stock, valued at $120,862,005.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other D.R. Horton news, Director Michael R. Buchanan sold 2,000 shares of the business’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $150.70, for a total transaction of $301,400.00. Following the sale, the director now directly owns 1,703 shares in the company, valued at $256,642.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David V. Auld sold 25,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $156.33, for a total transaction of $3,908,250.00. Following the sale, the insider now owns 773,121 shares in the company, valued at $120,862,005.93. The disclosure for this sale can be found here. Insiders have sold 27,363 shares of company stock valued at $4,263,541 over the last 90 days. 1.74% of the stock is owned by insiders.

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.