Boston Private Wealth LLC lowered its stake in shares of D. R. Horton Inc (NYSE:DHI) by 4.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,295 shares of the construction company’s stock after selling 493 shares during the quarter. Boston Private Wealth LLC’s holdings in D. R. Horton were worth $543,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Outlook Wealth Advisors LLC lifted its holdings in shares of D. R. Horton by 2.6% during the third quarter. Outlook Wealth Advisors LLC now owns 8,390 shares of the construction company’s stock worth $442,000 after buying an additional 212 shares during the last quarter. Sumitomo Life Insurance Co. lifted its holdings in shares of D. R. Horton by 1.6% during the second quarter. Sumitomo Life Insurance Co. now owns 15,063 shares of the construction company’s stock worth $650,000 after buying an additional 243 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of D. R. Horton by 0.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 27,450 shares of the construction company’s stock worth $1,447,000 after buying an additional 249 shares during the last quarter. Securian Asset Management Inc lifted its holdings in shares of D. R. Horton by 0.8% during the second quarter. Securian Asset Management Inc now owns 34,835 shares of the construction company’s stock worth $1,502,000 after buying an additional 287 shares during the last quarter. Finally, Huntington National Bank raised its stake in shares of D. R. Horton by 1.1% in the second quarter. Huntington National Bank now owns 26,986 shares of the construction company’s stock valued at $1,164,000 after purchasing an additional 297 shares in the last quarter. 86.54% of the stock is owned by hedge funds and other institutional investors.

In other D. R. Horton news, Director Michael W. Hewatt sold 7,000 shares of the company’s stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $49.45, for a total value of $346,150.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Bradley S. Anderson sold 7,500 shares of the company’s stock in a transaction on Tuesday, August 13th. The shares were sold at an average price of $48.04, for a total value of $360,300.00. The disclosure for this sale can be found here. Corporate insiders own 6.87% of the company’s stock.

DHI has been the subject of a number of recent research reports. Buckingham Research upped their target price on D. R. Horton from $53.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. ValuEngine lowered D. R. Horton from a “hold” rating to a “sell” rating in a research note on Thursday, October 10th. Royal Bank of Canada set a $46.00 target price on D. R. Horton and gave the company a “hold” rating in a research note on Wednesday, July 31st. BTIG Research restated a “buy” rating on shares of D. R. Horton in a research note on Monday, September 23rd. Finally, JMP Securities upped their target price on D. R. Horton from $49.00 to $52.00 and gave the company a “market outperform” rating in a research note on Tuesday, September 17th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $48.23.

Shares of NYSE:DHI opened at $51.15 on Friday. The business’s fifty day moving average price is $52.50 and its two-hundred day moving average price is $47.50. D. R. Horton Inc has a fifty-two week low of $32.39 and a fifty-two week high of $54.42. The stock has a market capitalization of $18.75 billion, a price-to-earnings ratio of 12.51, a price-to-earnings-growth ratio of 1.00 and a beta of 1.01. The company has a debt-to-equity ratio of 0.35, a current ratio of 6.91 and a quick ratio of 0.94.

About D. R. Horton

D.R. Horton, Inc operates as a homebuilding company in East, Midwest, Southeast, South Central, Southwest, and West regions in the United States. It engages in the acquisition and development of land; and construction and sale of homes in 27 states and 81 markets in the United States under the names of D.R.

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

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