Inspire Investing LLC Acquires 18,086 Shares of D.R. Horton, Inc. $DHI

by · The Markets Daily

Inspire Investing LLC raised its holdings in shares of D.R. Horton, Inc. (NYSE:DHI – Free Report) by 787.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,384 shares of the construction company’s stock after purchasing an additional 18,086 shares during the quarter. Inspire Investing LLC’s holdings in D.R. Horton were worth $2,591,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DHI. Olde Wealth Management LLC bought a new stake in D.R. Horton during the 1st quarter valued at $26,000. Bayforest Capital Ltd increased its stake in D.R. Horton by 340.4% during the 1st quarter. Bayforest Capital Ltd now owns 251 shares of the construction company’s stock valued at $32,000 after purchasing an additional 194 shares in the last quarter. Accredited Wealth Management LLC bought a new stake in shares of D.R. Horton in the 1st quarter worth $34,000. Ransom Advisory Ltd bought a new stake in shares of D.R. Horton in the 1st quarter worth $51,000. Finally, Alpine Bank Wealth Management bought a new stake in shares of D.R. Horton in the 1st quarter worth $61,000. Institutional investors own 90.63% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. UBS Group upped their target price on shares of D.R. Horton from $176.00 to $187.00 and gave the stock a “buy” rating in a research note on Wednesday, July 23rd. Wedbush upped their target price on shares of D.R. Horton from $155.00 to $170.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 23rd. Keefe, Bruyette & Woods upped their target price on shares of D.R. Horton from $135.00 to $161.00 and gave the stock a “market perform” rating in a research note on Thursday, July 24th. Royal Bank Of Canada upped their target price on shares of D.R. Horton from $105.00 to $117.00 and gave the stock an “underperform” rating in a research note on Wednesday, July 23rd. Finally, Wall Street Zen upgraded shares of D.R. Horton from a “sell” rating to a “hold” rating in a research note on Sunday, July 20th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $154.38.

Check Out Our Latest Stock Report on D.R. Horton

Insider Buying and Selling at D.R. Horton

In other D.R. Horton news, SVP Aron M. Odom sold 1,376 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $183.00, for a total transaction of $251,808.00. Following the sale, the senior vice president directly owned 6,457 shares of the company’s stock, valued at $1,181,631. This represents a 17.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David V. Auld sold 30,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $182.21, for a total transaction of $5,466,300.00. Following the sale, the chairman directly owned 815,672 shares in the company, valued at approximately $148,623,595.12. This trade represents a 3.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 34,526 shares of company stock valued at $6,173,403 over the last three months. 0.54% of the stock is currently owned by insiders.

D.R. Horton Price Performance

DHI opened at $181.25 on Friday. The firm has a market cap of $54.03 billion, a P/E ratio of 14.53, a PEG ratio of 3.73 and a beta of 1.36. The firm has a 50-day moving average of $155.37 and a 200 day moving average of $135.38. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 7.06. D.R. Horton, Inc. has a fifty-two week low of $110.44 and a fifty-two week high of $199.85.

D.R. Horton (NYSE:DHI – Get Free Report) last posted its quarterly earnings results on Tuesday, July 22nd. The construction company reported $3.36 earnings per share for the quarter, beating the consensus estimate of $2.90 by $0.46. The company had revenue of $9.23 billion during the quarter, compared to analyst estimates of $8.80 billion. D.R. Horton had a net margin of 11.46% and a return on equity of 15.74%. The firm’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.10 earnings per share. D.R. Horton has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. On average, research analysts expect that D.R. Horton, Inc. will post 13.04 EPS for the current year.

D.R. Horton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, August 14th. Investors of record on Thursday, August 7th were given a dividend of $0.40 per share. The ex-dividend date was Thursday, August 7th. This represents a $1.60 annualized dividend and a yield of 0.9%. D.R. Horton’s dividend payout ratio is presently 12.83%.

D.R. Horton Company Profile

(Free Report)

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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