DR Horton, Inc. (DHI) Rating Reiterated by Wells Fargo & Company

Paterniano Del Favero
Agosto 9, 2017

OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in D.R. Horton by 38.6% in the first quarter. "(NYSE:DHI)" was first reported by Transcript Daily and is the sole property of of Transcript Daily. (NYSE:DHI). Pub Sector Pension Inv Board reported 74,430 shares.

Wells Fargo released its first research report on the stock setting a rating of "Outperform". Finally, Bank of America Corporation reiterated a "buy" rating and issued a $42.00 price target (up previously from $41.00) on shares of D.R. Horton in a research report on Tuesday, June 27th. BidaskClub upgraded shares of D.R. Horton from a "hold" rating to a "buy" rating in a report on Thursday, July 6th. The value of the total investment in D.R. Horton, Inc. went from $2,530,000 to $3,063,000 a change of $533,000 since the last quarter. The company presently has an average rating of "Buy" and a consensus target price of $36.59. The firm has "Buy" rating given on Monday, June 5 by Keefe Bruyette & Woods. They issued an outperform rating and a $38.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Raymond James Financial, Inc. upgraded shares of D.R. Horton from a "market perform" rating to an "outperform" rating and set a $39.00 price objective for the company in a report on Friday, June 30th. On average, equities research analysts expect that D.R. Horton, Inc. will post $2.78 earnings per share for the current year. About 820,457 shares traded. The company has a 50-day moving average of $35.28 and a 200 day moving average of $33.09. The firm has a market cap of $13.66 billion, a P/E ratio of 13.67 and a beta of 1.25. The construction company reported $0.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.75 by $0.01. The company had revenue of $3.68 billion during the quarter, compared to analysts' expectations of $3.71 billion. During the same period previous year, the company earned $0.66 earnings per share.

07/17/2017 - D.R. Horton, Inc. had its "outperform" rating reiterated by analysts at Wedbush. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of U.S. and worldwide trademark and copyright laws. The correct version of this article can be viewed at https://www.chaffeybreeze.com/2017/08/07/d-r-horton-inc-dhi-stake-cut-by-anderson-hoagland-co-updated-updated.html. This repurchase authorization allows the construction company to reacquire shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's management believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 23rd. About shares traded. Japan Gold Corp (CVE:JG) has 0.00% since August 8, 2016 and is. This dividend amount represented a yeild of $1.09. The ex-dividend date was Wednesday the 3rd of May 2017.

In related news, Director Barbara K. Allen sold 1,666 shares of the firm's stock in a transaction that occurred on Thursday, July 27th.

It is now trading at $36.33 slightly over $35.28, the stock's 50 day moving average and just a bit higher than the 200 day moving average of $33.09. Following the completion of the transaction, the director now owns 7,316 shares in the company, valued at $263,595.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Thrivent Financial for Lutherans raised its stake in D.R. Horton by 171.6% in the fourth quarter. Charter Trust Co. now owns 11,148 shares of the construction company's stock worth $371,000 after buying an additional 75 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its stake in D.R. Horton by 6.3% in the fourth quarter. The institutional investor owned 74,781 shares of the construction company's stock after selling 8,055 shares during the period. $30,419 worth of D.R. Horton, Inc. Sanders Capital LLC now owns 22,094,609 shares of the construction company's stock valued at $753,622,000 after buying an additional 562,557 shares in the last quarter.

Algebris Investments Llp increased D R Horton Inc (DHI) stake by 313.24% reported in 2016Q4 SEC filing. Ltd. now owns 42,940 shares of the construction company's stock valued at $1,430,000 after buying an additional 950 shares during the last quarter. Sanders Capital LLC increased its stake in D.R. Horton by 2.6% in the first quarter. The institutional investor held 105,405 shares of the finance company at the end of 2016Q4, valued at $4.12 million, up from 90,255 at the end of the previous reported quarter. The Firm constructed and sold homes in 27 states and 79 markets, as of September 30, 2015.

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