The Two Sigma Securities LLC Invests $390,000 in D.R. Horton, Inc. (DHI)

The Two Sigma Securities LLC Invests $390,000 in D.R. Horton, Inc. (DHI)

Two Sigma Securities LLC bought a new position in shares of D.R. Horton, Inc. (NYSE:DHI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 12,904 shares of the company’s stock, valued at approximately $390,000.

A number of other hedge funds have also recently made changes to their positions in DHI. Cullen Frost Bankers Inc. raised its stake in shares of D.R. Horton by 0.6% in the third quarter. Cullen Frost Bankers Inc. now owns 9,819 shares of the company’s stock worth $297,000 after buying an additional 56 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its stake in shares of D.R. Horton by 0.3% in the third quarter. Municipal Employees Retirement System of Michigan now owns 21,090 shares of the company’s stock worth $637,000 after buying an additional 60 shares during the last quarter. Alpha Windward LLC raised its stake in shares of D.R. Horton by 0.8% in the third quarter. Alpha Windward LLC now owns 14,672 shares of the company’s stock worth $443,000 after buying an additional 120 shares during the last quarter. Evermay Wealth Management LLC raised its stake in shares of D.R. Horton by 1.8% in the third quarter. Evermay Wealth Management LLC now owns 8,303 shares of the company’s stock worth $251,000 after buying an additional 150 shares during the last quarter. Finally, Public Employees Retirement Association of Colorado raised its stake in shares of D.R. Horton by 0.4% in the second quarter. Public Employees Retirement Association of Colorado now owns 75,035 shares of the company’s stock worth $2,362,000 after buying an additional 299 shares during the last quarter. 82.22% of the stock is currently owned by institutional investors.

D.R. Horton, Inc. (NYSE:DHI) traded down 0.25% during trading on Wednesday, reaching $28.50. 2,951,695 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $28.15 and a 200 day moving average price of $30.18. The stock has a market capitalization of $10.63 billion, a P/E ratio of 12.08 and a beta of 1.14. D.R. Horton, Inc. has a 1-year low of $22.97 and a 1-year high of $34.56.

D.R. Horton (NYSE:DHI) last announced its quarterly earnings data on Tuesday, November 8th. The company reported $0.75 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by $0.02. The company had revenue of $3.70 billion for the quarter, compared to analyst estimates of $2.62 billion. D.R. Horton had a return on equity of 13.93% and a net margin of 7.29%. D.R. Horton’s revenue was up 18.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. Equities research analysts expect that D.R. Horton, Inc. will post $2.66 earnings per share for the current year.

A number of analysts have issued reports on the company. Vetr lowered D.R. Horton from a “sell” rating to a “strong sell” rating and set a $25.52 target price on the stock. in a research report on Monday, November 21st. Keefe, Bruyette & Woods upgraded shares of D.R. Horton from a “market perform” rating to an “outperform” rating and set a $34.00 price target for the company in a research note on Tuesday, December 13th. RBC Capital Markets set a $34.00 price target on shares of D.R. Horton and gave the stock an “outperform” rating in a research note on Wednesday, November 9th. Royal Bank Of Canada dropped their price target on shares of D.R. Horton from $38.00 to $34.00 and set an “outperform” rating for the company in a research note on Wednesday, November 9th. Finally, Wedbush restated an “outperform” rating and issued a $36.00 price target on shares of D.R. Horton in a research note on Tuesday, November 8th. Eight equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $31.88.

D.R. Horton Company Profile

D.R. Horton, Inc is a homebuilding company. The Company constructed and sold homes in 27 states and 79 markets, as of September 30, 2015. The Company’s segments include its 39 homebuilding divisions, its financial services operations and its other business activities. In the homebuilding segment, the Company builds and sells single-family detached homes and attached homes, such as town homes, duplexes, triplexes and condominiums.

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