Today, D.R. Horton Inc. (DHI) Position Held by Blue Fin Capital Inc.

Today, D.R. Horton Inc. (DHI) Position Held by Blue Fin Capital Inc.

Blue Fin Capital Inc. maintained its stake in D.R. Horton Inc. (NYSE:DHI) during the second quarter, Holdings Channel reports. The firm owned 9,210 shares of the company’s stock at the end of the second quarter. Blue Fin Capital Inc.’s holdings in D.R. Horton were worth $290,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Invictus RG raised its stake in D.R. Horton by 84.7% in the first quarter. Invictus RG now owns 3,508 shares of the company’s stock valued at $106,000 after buying an additional 1,609 shares in the last quarter. Creative Planning raised its stake in D.R. Horton by 4.7% in the second quarter. Creative Planning now owns 4,064 shares of the company’s stock valued at $128,000 after buying an additional 182 shares in the last quarter. Raymond James Trust N.A. acquired a new stake in D.R. Horton during the second quarter valued at approximately $231,000. BKD Wealth Advisors LLC raised its stake in D.R. Horton by 2.3% in the second quarter. BKD Wealth Advisors LLC now owns 7,389 shares of the company’s stock valued at $233,000 after buying an additional 167 shares in the last quarter. Finally, AXA raised its stake in D.R. Horton by 2,300.0% in the first quarter. AXA now owns 9,600 shares of the company’s stock valued at $290,000 after buying an additional 9,200 shares in the last quarter. 83.55% of the stock is owned by institutional investors and hedge funds.

D.R. Horton Inc. (NYSE:DHI) traded up 2.344% during mid-day trading on Tuesday, hitting $29.475. 2,048,638 shares of the company traded hands. The stock has a market capitalization of $10.97 billion, a price-to-earnings ratio of 13.106 and a beta of 1.30. The company’s 50-day moving average is $30.35 and its 200-day moving average is $31.17. D.R. Horton Inc. has a one year low of $22.97 and a one year high of $34.56.

D.R. Horton (NYSE:DHI) last released its quarterly earnings data on Thursday, July 21st. The company reported $0.66 earnings per share for the quarter, hitting the consensus estimate of $0.66. D.R. Horton had a net margin of 7.26% and a return on equity of 13.71%. The business had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter last year, the firm earned $0.60 EPS. D.R. Horton’s quarterly revenue was up 12.4% compared to the same quarter last year. Analysts predict that D.R. Horton Inc. will post $2.38 EPS for the current year.

Several analysts recently commented on the stock. Credit Suisse Group AG reissued a “hold” rating on shares of D.R. Horton in a research note on Tuesday, July 12th. RBC Capital Markets reissued an “outperform” rating and set a $38.00 target price (up from $36.00) on shares of D.R. Horton in a research note on Tuesday, July 19th. Bank of America Corp. lowered shares of D.R. Horton from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a research note on Friday, July 22nd. Royal Bank Of Canada boosted their price target on shares of D.R. Horton from $36.00 to $38.00 and gave the company an “outperform” rating in a report on Monday, July 18th. Finally, Wells Fargo & Co. initiated coverage on shares of D.R. Horton in a report on Wednesday, September 28th. They set an “outperform” rating on the stock. Ten research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. D.R. Horton has a consensus rating of “Hold” and an average price target of $32.17.

In related news, Director Michael W. Hewatt sold 5,000 shares of D.R. Horton stock in a transaction that occurred on Wednesday, August 31st. The shares were sold at an average price of $31.87, for a total transaction of $159,350.00. Following the transaction, the director now owns 5,000 shares of the company’s stock, valued at approximately $159,350. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Barbara K. Allen sold 3,333 shares of D.R. Horton stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $33.95, for a total transaction of $113,155.35. Following the transaction, the director now directly owns 8,983 shares in the company, valued at approximately $304,972.85. The disclosure for this sale can be found here. Corporate insiders own 7.17% of the company’s stock.

D.R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes, through its operating divisions in around 27 states and over 79 metropolitan markets of the United States, under the names of D.R. Horton, America’s Builder, Express Homes, Emerald Homes, Breland Homes, Regent Homes, Crown Communities and Pacific Ridge Homes.

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