Toronto Dominion Bank Has $22.77 Million Stock Holdings in D.R. Horton, Inc. (NYSE:DHI)

Toronto Dominion Bank grew its holdings in D.R. Horton, Inc. (NYSE:DHIGet Rating) by 6.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 209,970 shares of the construction company’s stock after purchasing an additional 13,478 shares during the quarter. Toronto Dominion Bank’s holdings in D.R. Horton were worth $22,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of DHI. Allspring Global Investments Holdings LLC acquired a new position in D.R. Horton during the 4th quarter worth approximately $508,995,000. Wellington Management Group LLP increased its holdings in D.R. Horton by 365.3% during the 3rd quarter. Wellington Management Group LLP now owns 3,018,591 shares of the construction company’s stock worth $253,471,000 after purchasing an additional 2,369,876 shares in the last quarter. Renaissance Technologies LLC bought a new stake in D.R. Horton during the 3rd quarter worth approximately $44,520,000. Los Angeles Capital Management LLC increased its holdings in D.R. Horton by 45.1% during the 4th quarter. Los Angeles Capital Management LLC now owns 1,208,126 shares of the construction company’s stock worth $131,021,000 after purchasing an additional 375,583 shares in the last quarter. Finally, Egerton Capital UK LLP increased its holdings in D.R. Horton by 3.3% during the 3rd quarter. Egerton Capital UK LLP now owns 8,599,952 shares of the construction company’s stock worth $722,138,000 after purchasing an additional 272,169 shares in the last quarter. 82.98% of the stock is currently owned by institutional investors and hedge funds.

D.R. Horton stock opened at $71.35 on Tuesday. D.R. Horton, Inc. has a 12 month low of $68.79 and a 12 month high of $110.45. The company has a current ratio of 6.03, a quick ratio of 1.15 and a debt-to-equity ratio of 0.33. The business’s 50 day simple moving average is $80.12 and its 200 day simple moving average is $90.17. The company has a market cap of $25.28 billion, a price-to-earnings ratio of 5.73, a PEG ratio of 0.44 and a beta of 1.65.

D.R. Horton (NYSE:DHIGet Rating) last posted its quarterly earnings data on Wednesday, February 2nd. The construction company reported $3.17 EPS for the quarter, beating the consensus estimate of $2.80 by $0.37. D.R. Horton had a return on equity of 30.88% and a net margin of 15.66%. The business had revenue of $7.05 billion for the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the prior year, the business earned $2.14 earnings per share. D.R. Horton’s revenue for the quarter was up 18.9% on a year-over-year basis. As a group, equities research analysts forecast that D.R. Horton, Inc. will post 15.92 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, February 25th. Shareholders of record on Thursday, February 17th were given a dividend of $0.225 per share. The ex-dividend date was Wednesday, February 16th. This represents a $0.90 annualized dividend and a dividend yield of 1.26%. D.R. Horton’s dividend payout ratio is currently 7.22%.

In other D.R. Horton news, Director Barbara K. Allen sold 1,122 shares of the stock in a transaction on Monday, March 21st. The stock was sold at an average price of $82.63, for a total transaction of $92,710.86. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Barbara K. Allen sold 423 shares of the stock in a transaction on Monday, February 28th. The stock was sold at an average price of $85.46, for a total value of $36,149.58. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 5,545 shares of company stock worth $482,980. Company insiders own 0.49% of the company’s stock.

A number of analysts have commented on the company. UBS Group assumed coverage on D.R. Horton in a report on Wednesday, January 19th. They set a “buy” rating and a $135.00 price objective for the company. StockNews.com initiated coverage on D.R. Horton in a report on Thursday, March 31st. They set a “hold” rating for the company. BTIG Research reaffirmed a “buy” rating and issued a $126.00 target price on shares of D.R. Horton in a report on Thursday, February 3rd. Barclays reduced their target price on D.R. Horton from $125.00 to $104.00 in a report on Thursday, March 31st. Finally, JPMorgan Chase & Co. reduced their target price on D.R. Horton from $100.00 to $82.50 and set an “overweight” rating for the company in a report on Wednesday, April 13th. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $108.68.

About D.R. Horton (Get Rating)

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 31 states and 98 markets under the names of D.R.

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

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