25,900 Shares in D. R. Horton Inc (NYSE:DHI) Purchased by Auxier Asset Management

Auxier Asset Management acquired a new position in shares of D. R. Horton Inc (NYSE:DHI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,900 shares of the construction company’s stock, valued at approximately $1,062,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Tyers Asset Management LLC grew its stake in shares of D. R. Horton by 1.3% in the 2nd quarter. Tyers Asset Management LLC now owns 88,060 shares of the construction company’s stock worth $3,611,000 after acquiring an additional 1,148 shares in the last quarter. Eads & Heald Wealth Management grew its stake in shares of D. R. Horton by 5.2% in the 2nd quarter. Eads & Heald Wealth Management now owns 25,103 shares of the construction company’s stock worth $1,029,000 after acquiring an additional 1,235 shares in the last quarter. Moors & Cabot Inc. grew its stake in shares of D. R. Horton by 25.3% in the 1st quarter. Moors & Cabot Inc. now owns 6,516 shares of the construction company’s stock worth $286,000 after acquiring an additional 1,316 shares in the last quarter. Eagle Asset Management Inc. grew its stake in shares of D. R. Horton by 1.3% in the 2nd quarter. Eagle Asset Management Inc. now owns 104,804 shares of the construction company’s stock worth $4,296,000 after acquiring an additional 1,331 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of D. R. Horton by 28.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 6,276 shares of the construction company’s stock worth $257,000 after acquiring an additional 1,385 shares in the last quarter. Hedge funds and other institutional investors own 83.86% of the company’s stock.

Several analysts have recently issued reports on DHI shares. Barclays set a $51.00 price target on shares of D. R. Horton and gave the company a “buy” rating in a research report on Friday, September 14th. ValuEngine lowered shares of D. R. Horton from a “hold” rating to a “sell” rating in a research report on Wednesday, July 25th. Evercore ISI upgraded shares of D. R. Horton from an “in-line” rating to an “outperform” rating in a research report on Friday, July 27th. JMP Securities reduced their price target on shares of D. R. Horton from $56.00 to $52.00 and set a “market outperform” rating for the company in a research report on Friday, July 27th. Finally, Mizuho set a $46.00 price target on shares of D. R. Horton and gave the company a “hold” rating in a research report on Monday, August 6th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $54.00.

In other D. R. Horton news, Director Michael W. Hewatt sold 3,000 shares of the company’s stock in a transaction dated Friday, August 24th. The shares were sold at an average price of $45.01, for a total transaction of $135,030.00. Following the sale, the director now directly owns 11,000 shares of the company’s stock, valued at $495,110. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 6.74% of the stock is owned by corporate insiders.

NYSE DHI traded down $0.24 during trading on Friday, hitting $40.26. 8,087,296 shares of the company’s stock traded hands, compared to its average volume of 4,415,283. The company has a market cap of $15.88 billion, a PE ratio of 14.69, a price-to-earnings-growth ratio of 1.02 and a beta of 1.08. D. R. Horton Inc has a 12-month low of $38.58 and a 12-month high of $53.32. The company has a quick ratio of 1.11, a current ratio of 7.06 and a debt-to-equity ratio of 0.35.

D. R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, July 26th. The construction company reported $1.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.10. The business had revenue of $4.44 billion for the quarter, compared to the consensus estimate of $4.32 billion. D. R. Horton had a net margin of 8.32% and a return on equity of 17.19%. The company’s revenue was up 17.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 earnings per share. As a group, equities research analysts anticipate that D. R. Horton Inc will post 4.14 EPS for the current year.

D. R. Horton Profile

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West America. It engages in the acquisition and development of land; and construction and sale of homes in 26 states and 79 markets in the United States under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, Freedom Homes, and Pacific Ridge Homes.

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Institutional Ownership by Quarter for D. R. Horton (NYSE:DHI)

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