Savant Capital LLC Has $776,000 Holdings in D.R. Horton, Inc. (NYSE:DHI)

Savant Capital LLC reduced its stake in shares of D.R. Horton, Inc. (NYSE:DHI) by 60.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,552 shares of the construction company’s stock after selling 8,491 shares during the quarter. Savant Capital LLC’s holdings in D.R. Horton were worth $776,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Vaughan Nelson Investment Management L.P. raised its stake in D.R. Horton by 59.9% during the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 146,350 shares of the construction company’s stock valued at $20,462,000 after purchasing an additional 54,845 shares during the last quarter. Stephens Inc. AR raised its stake in D.R. Horton by 10.4% during the 4th quarter. Stephens Inc. AR now owns 3,500 shares of the construction company’s stock valued at $489,000 after purchasing an additional 330 shares during the last quarter. Robinson Value Management Ltd. raised its stake in D.R. Horton by 8.9% during the 4th quarter. Robinson Value Management Ltd. now owns 18,760 shares of the construction company’s stock valued at $2,623,000 after purchasing an additional 1,526 shares during the last quarter. Entropy Technologies LP raised its stake in D.R. Horton by 1,049.6% during the 4th quarter. Entropy Technologies LP now owns 27,591 shares of the construction company’s stock valued at $3,858,000 after purchasing an additional 25,191 shares during the last quarter. Finally, Empowered Funds LLC raised its stake in shares of D.R. Horton by 142.8% in the 4th quarter. Empowered Funds LLC now owns 106,852 shares of the construction company’s stock valued at $14,940,000 after buying an additional 62,838 shares in the last quarter. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Wedbush restated a “neutral” rating and issued a $180.00 price objective on shares of D.R. Horton in a research note on Friday, January 17th. Barclays dropped their price objective on shares of D.R. Horton from $150.00 to $145.00 and set an “equal weight” rating for the company in a research note on Wednesday, January 22nd. Wells Fargo & Company dropped their price objective on shares of D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Citigroup dropped their price objective on shares of D.R. Horton from $185.00 to $152.00 and set a “neutral” rating for the company in a research note on Monday, January 6th. Finally, BTIG Research dropped their price objective on shares of D.R. Horton from $190.00 to $186.00 and set a “buy” rating for the company in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $170.93.

D.R. Horton Stock Up 1.0 %

Shares of NYSE:DHI opened at $130.63 on Friday. D.R. Horton, Inc. has a 12 month low of $125.84 and a 12 month high of $199.85. The company’s 50-day moving average price is $141.56 and its two-hundred day moving average price is $166.11. The company has a quick ratio of 1.09, a current ratio of 6.92 and a debt-to-equity ratio of 0.20. The firm has a market cap of $41.16 billion, a P/E ratio of 9.23, a P/E/G ratio of 0.58 and a beta of 1.76.

D.R. Horton (NYSE:DHI) last issued its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.37 by $0.24. The company had revenue of $7.61 billion for the quarter, compared to analyst estimates of $7.12 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.82 EPS. As a group, research analysts forecast that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.

D.R. Horton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Friday, February 7th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.22%. The ex-dividend date was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

Insider Activity

In related news, Director Barbara K. Allen sold 5,650 shares of the stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $163.10, for a total value of $921,515.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.54% 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.