D.R. Horton, Inc. $DHI Shares Purchased by swisspartners Advisors Ltd

swisspartners Advisors Ltd raised its position in D.R. Horton, Inc. (NYSE:DHI) by 9.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,500 shares of the construction company’s stock after purchasing an additional 7,170 shares during the quarter. D.R. Horton accounts for approximately 11.4% of swisspartners Advisors Ltd’s portfolio, making the stock its 2nd largest position. swisspartners Advisors Ltd’s holdings in D.R. Horton were worth $13,846,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. SBI Securities Co. Ltd. grew its stake in shares of D.R. Horton by 128.5% in the third quarter. SBI Securities Co. Ltd. now owns 5,536 shares of the construction company’s stock valued at $938,000 after buying an additional 3,113 shares in the last quarter. Savant Capital LLC boosted its holdings in D.R. Horton by 130.9% during the 3rd quarter. Savant Capital LLC now owns 17,255 shares of the construction company’s stock valued at $2,924,000 after acquiring an additional 9,781 shares during the period. Unison Advisors LLC grew its position in D.R. Horton by 0.3% in the 3rd quarter. Unison Advisors LLC now owns 38,964 shares of the construction company’s stock valued at $6,603,000 after acquiring an additional 118 shares in the last quarter. J.W. Cole Advisors Inc. grew its position in D.R. Horton by 6.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 2,719 shares of the construction company’s stock valued at $461,000 after acquiring an additional 167 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its stake in D.R. Horton by 8,717.8% during the third quarter. Hantz Financial Services Inc. now owns 29,804 shares of the construction company’s stock worth $5,051,000 after purchasing an additional 29,466 shares during the period. 90.63% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DHI has been the subject of several recent research reports. BTIG Research set a $182.00 price objective on shares of D.R. Horton in a research note on Wednesday, January 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $195.00 target price on shares of D.R. Horton in a report on Tuesday, January 13th. UBS Group set a $163.00 price target on shares of D.R. Horton in a research note on Tuesday, January 27th. Royal Bank Of Canada increased their price objective on D.R. Horton from $117.00 to $118.00 and gave the company an “underperform” rating in a research note on Wednesday, October 29th. Finally, Bank of America lowered their target price on D.R. Horton from $162.00 to $158.00 and set a “neutral” rating for the company in a research note on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $160.50.

D.R. Horton Trading Up 2.8%

NYSE:DHI opened at $158.11 on Thursday. D.R. Horton, Inc. has a 1 year low of $110.44 and a 1 year high of $184.54. The stock has a market cap of $45.80 billion, a P/E ratio of 14.36, a P/E/G ratio of 2.37 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 6.63. The stock has a 50-day simple moving average of $152.27 and a 200-day simple moving average of $156.24.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 20th. The construction company reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.98 by $0.05. The firm had revenue of $6.89 billion during the quarter, compared to analysts’ expectations of $6.66 billion. D.R. Horton had a return on equity of 13.51% and a net margin of 9.95%.The firm’s revenue was down 9.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.61 earnings per share. As a group, analysts anticipate that D.R. Horton, Inc. will post 13.04 earnings per share for the current fiscal year.

D.R. Horton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 12th. Stockholders of record on Thursday, February 5th will be issued a $0.45 dividend. The ex-dividend date is Thursday, February 5th. This represents a $1.80 annualized dividend and a dividend yield of 1.1%. D.R. Horton’s dividend payout ratio is presently 16.35%.

About D.R. Horton

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.