Compound Planning Inc. Sells 4,500 Shares of D.R. Horton, Inc. $DHI

Compound Planning Inc. reduced its stake in D.R. Horton, Inc. (NYSE:DHI) by 40.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,689 shares of the construction company’s stock after selling 4,500 shares during the period. Compound Planning Inc.’s holdings in D.R. Horton were worth $918,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of DHI. Keebeck Wealth Management grew its stake in D.R. Horton by 3.6% in the 1st quarter. Keebeck Wealth Management now owns 6,422 shares of the construction company’s stock valued at $881,000 after buying an additional 222 shares during the last quarter. Lido Advisors LLC lifted its position in D.R. Horton by 48.3% during the first quarter. Lido Advisors LLC now owns 52,862 shares of the construction company’s stock worth $7,254,000 after acquiring an additional 17,220 shares during the last quarter. State of Wyoming boosted its holdings in shares of D.R. Horton by 134.4% during the first quarter. State of Wyoming now owns 1,681 shares of the construction company’s stock worth $231,000 after acquiring an additional 964 shares during the period. Cetera Investment Advisers grew its position in shares of D.R. Horton by 10.5% in the first quarter. Cetera Investment Advisers now owns 83,097 shares of the construction company’s stock valued at $11,403,000 after purchasing an additional 7,915 shares during the last quarter. Finally, Signature Equity Partners LLC grew its position in shares of D.R. Horton by 66.9% in the first quarter. Signature Equity Partners LLC now owns 424 shares of the construction company’s stock valued at $58,000 after purchasing an additional 170 shares during the last quarter. 90.63% of the stock is owned by institutional investors.

D.R. Horton Trading Down 0.2%

Shares of NYSE:DHI opened at $146.49 on Monday. The business’s 50 day simple moving average is $150.84 and its 200 day simple moving average is $150.40. D.R. Horton, Inc. has a 1 year low of $131.75 and a 1 year high of $184.54. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.43 and a quick ratio of 1.04. The company has a market capitalization of $40.97 billion, a P/E ratio of 13.94, a P/E/G ratio of 2.31 and a beta of 1.36.

D.R. Horton (NYSE:DHI) last released its earnings results on Tuesday, July 21st. The construction company reported $3.20 earnings per share for the quarter, beating analysts’ consensus estimates of $3.02 by $0.18. The firm had revenue of $9.23 billion during the quarter, compared to the consensus estimate of $9.10 billion. D.R. Horton had a return on equity of 12.47% and a net margin of 9.15%.The company’s revenue was up .0% compared to the same quarter last year. During the same period in the prior year, the company posted $3.36 EPS. On average, research analysts anticipate that D.R. Horton, Inc. will post 10.54 EPS for the current fiscal year.

D.R. Horton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 13th. Shareholders of record on Thursday, August 6th will be issued a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 6th. D.R. Horton’s dividend payout ratio (DPR) is currently 17.13%.

Analyst Upgrades and Downgrades

DHI has been the subject of several research reports. Wells Fargo & Company lifted their price target on D.R. Horton from $147.00 to $170.00 and gave the stock an “equal weight” rating in a report on Wednesday, April 22nd. Keefe, Bruyette & Woods decreased their price objective on D.R. Horton from $175.00 to $167.00 and set a “market perform” rating on the stock in a report on Wednesday, July 22nd. The Goldman Sachs Group reiterated a “buy” rating on shares of D.R. Horton in a research report on Tuesday, July 21st. Seaport Research Partners reissued a “neutral” rating on shares of D.R. Horton in a report on Tuesday, April 7th. Finally, UBS Group boosted their target price on shares of D.R. Horton from $193.00 to $206.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Five equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $168.17.

D.R. Horton Profile

D.R. Horton, Inc is a national homebuilding company that designs, constructs and sells new residential properties across the United States. The company’s core operations focus on building single-family detached homes, townhomes and condominiums for a range of buyer segments. In addition to home construction and sales, D.R. Horton provides complementary services through subsidiaries that support the mortgage, title and closing processes for its customers, enabling integrated transaction workflows from inventory development to home delivery.

Founded in 1978 by Donald R.