DHI's insider trading patterns have some implications for where the stock might be headed. (NYSE:DHI) has an average volume of 3.93 Million. It dived, as 45 investors sold D. R. Horton Inc shares while 183 reduced holdings. Zelman & Associates downgraded D.R. Horton from a "buy" rating to a "hold" rating in a research report on Friday.
Three months ago, on the other hand, the average analyst rating for D.R. Horton, Inc. Nuveen Asset Management LLC increased its stake in shares of D.R. Horton by 1,749.9% in the 1st quarter. Finally, KeyCorp reaffirmed a buy rating and issued a $41.00 price objective on shares of D.R. Horton in a research note on Tuesday, September 26th.
When considering a stock buy, many investors seek to know what Wall Street analysts are saying about the company - by looking at the average analyst rating, for example. The company now has a consensus rating of "Buy" and a consensus target price of $43.61.
For the current quarter, 21 analysts are projecting a mean EPS of $0.6/share. The company has a market capitalization of $17,660.00, a PE ratio of 16.85, a P/E/G ratio of 1.33 and a beta of 1.28. The company has a current ratio of 6.93, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. Its revenue totaled $4.01 billion up 6.09% from the previous quarter.
Wall Street analysts, on average, are forecasting the company's EPS to be 0.60, compared to 0.55 reported in the same quarter past year. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and global copyright & trademark laws. The stock has been active on the tape, now trading at $46.00, up from yesterday's close by 0.02%. This buyback authorization authorizes the construction company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.
The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Acadian Asset Management Limited Liability Corporation owns 0% invested in D. R. Horton Inc (NYSE:DHI) for 1,250 shares. This represents a $0.50 annualized dividend and a yield of 1.09%.
More notable recent D. R. Horton Inc (NYSE:DHI) news were published by: Marketwatch.com which released: "DR Horton's profit and sales rise above expectations" on November 09, 2017, also Reuters.com with their article: "DR Horton beats profit estimate, raises 2018 forecast" published on November 09, 2017, Nasdaq.com published: "Earnings Reaction History: DR Horton, Inc., 33.3% Follow-Through Indicator, 3 ..." on November 09, 2017. Mizuho maintained D. R. Horton Inc (NYSE:DHI) on Thursday, November 9 with "Hold" rating.
In other news, Director Michael W. Hewatt sold 4,000 shares of the firm's stock in a transaction dated Friday, September 8th. The stock was sold at an average price of $37.46, for a total transaction of $374,600.00. Following the completion of the transaction, the director now directly owns 8,000 shares in the company, valued at $288,880. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The disclosure for this sale can be found here.
Several other hedge funds also recently made changes to their positions in DHI.
Quantum Capital Management Llc increased D R Horton Inc (DHI) stake by 53.49% reported in 2017Q2 SEC filing. Tower Research Capital LLC TRC increased its holdings in D.R. Horton by 179.5% in the second quarter. According to today's trading volume DR Horton Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Junto Capital Management LP purchased a new position in D.R. Horton during the second quarter valued at $29,747,000. As of today, the company has a SMA200 (200-day simple moving average) of 30.06 Percent. Product Prtn Limited Liability Company has invested 0.99% in D. R. Horton Inc (NYSE:DHI). The fund owned 26,825 shares of the construction company's stock after selling 14,750 shares during the quarter. Finally, Advisory Services Network LLC boosted its holdings in D.R. Horton by 131.9% in the second quarter. Tower Research Capital LLC TRC now owns 3,591 shares of the construction company's stock valued at $124,000 after purchasing an additional 2,306 shares during the period.
The company now has an insider ownership of 6.4 Percent and Institutional ownership of 87.4 Percent. Founded in 1978, the company builds and sells homes with a geographic presence in the Midwest, Mid-Atlantic, Southeast, Southwest, and Western regions of the United States. The Company's divisions include its 39 homebuilding divisions, its financial services activities and its other business activities.