Physician Wealth Advisors Inc. Buys New Holdings in D.R. Horton, Inc. (NYSE:DHI)

Physician Wealth Advisors Inc. purchased a new position in shares of D.R. Horton, Inc. (NYSE:DHI) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 387 shares of the construction company’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC acquired a new position in D.R. Horton in the fourth quarter valued at approximately $30,000. FSA Wealth Management LLC acquired a new position in shares of D.R. Horton in the 3rd quarter valued at $47,000. Kohmann Bosshard Financial Services LLC purchased a new stake in D.R. Horton during the fourth quarter worth $38,000. Rosenberg Matthew Hamilton grew its position in D.R. Horton by 152.8% during the fourth quarter. Rosenberg Matthew Hamilton now owns 273 shares of the construction company’s stock valued at $38,000 after buying an additional 165 shares during the period. Finally, Sierra Ocean LLC purchased a new position in D.R. Horton in the fourth quarter valued at $43,000. 90.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DHI has been the topic of several recent analyst reports. Keefe, Bruyette & Woods lowered shares of D.R. Horton from an “outperform” rating to a “market perform” rating and lowered their target price for the stock from $200.00 to $183.00 in a research note on Tuesday, December 10th. Citigroup dropped their price objective on D.R. Horton from $185.00 to $152.00 and set a “neutral” rating on the stock in a report on Monday, January 6th. Wells Fargo & Company reduced their target price on D.R. Horton from $190.00 to $175.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. The Goldman Sachs Group dropped their price target on shares of D.R. Horton from $200.00 to $171.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Seaport Res Ptn upgraded shares of D.R. Horton from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 6th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $170.93.

D.R. Horton Trading Up 0.9 %

Shares of DHI stock opened at $127.16 on Tuesday. The company has a current ratio of 6.92, a quick ratio of 1.09 and a debt-to-equity ratio of 0.20. D.R. Horton, Inc. has a twelve month low of $124.23 and a twelve month high of $199.85. The company’s 50-day moving average price is $132.49 and its 200-day moving average price is $154.36. The stock has a market cap of $40.07 billion, a price-to-earnings ratio of 8.99, a PEG ratio of 0.54 and a beta of 1.80.

D.R. Horton (NYSE:DHI) last posted its earnings results on Tuesday, January 21st. The construction company reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.24. D.R. Horton had a return on equity of 18.48% and a net margin of 12.69%. The company had revenue of $7.61 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter last year, the firm earned $2.82 earnings per share. The firm’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, equities analysts predict that D.R. Horton, Inc. will post 13.04 earnings per share for the current year.

D.R. Horton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Friday, February 7th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend was Friday, February 7th. D.R. Horton’s dividend payout ratio (DPR) is presently 11.31%.

D.R. Horton Company Profile

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.