Unison Advisors LLC Acquires 127 Shares of D.R. Horton, Inc. $DHI
by Jessica Moore · The Cerbat GemUnison Advisors LLC grew its holdings in D.R. Horton, Inc. (NYSE:DHI – Free Report) by 0.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,846 shares of the construction company’s stock after acquiring an additional 127 shares during the quarter. D.R. Horton accounts for 0.6% of Unison Advisors LLC’s portfolio, making the stock its 23rd largest holding. Unison Advisors LLC’s holdings in D.R. Horton were worth $5,008,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the business. Cidel Asset Management Inc. boosted its position in shares of D.R. Horton by 10.8% in the second quarter. Cidel Asset Management Inc. now owns 2,871 shares of the construction company’s stock valued at $370,000 after acquiring an additional 281 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of D.R. Horton in the second quarter valued at approximately $22,279,000. Quotient Wealth Partners LLC bought a new stake in shares of D.R. Horton in the second quarter valued at approximately $202,000. Koshinski Asset Management Inc. boosted its position in shares of D.R. Horton by 2.7% in the second quarter. Koshinski Asset Management Inc. now owns 7,106 shares of the construction company’s stock valued at $916,000 after acquiring an additional 188 shares during the period. Finally, Carmel Capital Partners LLC bought a new position in D.R. Horton in the second quarter worth $1,005,000. 90.63% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of the stock in a transaction on Friday, September 5th. The stock was sold at an average price of $183.00, for a total transaction of $251,808.00. Following the completion of the transaction, the senior vice president directly owned 6,457 shares in the company, valued at $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael R. Buchanan sold 1,000 shares of the firm’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $180.74, for a total value of $180,740.00. Following the completion of the sale, the director owned 1,193 shares of the company’s stock, valued at approximately $215,622.82. This trade represents a 45.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 32,376 shares of company stock worth $5,898,848 over the last three months. 0.54% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
Several brokerages recently commented on DHI. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of D.R. Horton in a research report on Wednesday, October 8th. Wedbush raised their target price on D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 23rd. Wells Fargo & Company raised their target price on D.R. Horton from $175.00 to $190.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Bank of America reduced their target price on D.R. Horton from $175.00 to $165.00 and set a “neutral” rating for the company in a research report on Friday, October 10th. Finally, Evercore ISI set a $169.00 target price on D.R. Horton and gave the stock an “in-line” rating in a research report on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, D.R. Horton presently has a consensus rating of “Hold” and a consensus price target of $156.54.
Get Our Latest Stock Analysis on D.R. Horton
D.R. Horton Stock Performance
D.R. Horton stock opened at $153.54 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.06 and a quick ratio of 1.19. The stock has a fifty day moving average price of $167.08 and a two-hundred day moving average price of $142.01. D.R. Horton, Inc. has a 52-week low of $110.44 and a 52-week high of $195.50. The firm has a market capitalization of $45.77 billion, a P/E ratio of 12.31, a P/E/G ratio of 3.19 and a beta of 1.40.
D.R. Horton (NYSE:DHI – Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The construction company reported $3.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.90 by $0.46. D.R. Horton had a return on equity of 15.74% and a net margin of 11.46%.The firm had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. During the same period in the prior year, the company posted $4.10 earnings per share. The business’s revenue for the quarter was down 7.4% compared to the same quarter last year. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.04 EPS for the current fiscal year.
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.
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