Capital Growth Management Lp Sold A Little More DR Horton (DHI) Stock

Marco Green
November 14, 2017

(NYSE:DHI) by 8.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.

In recent action, D.R. Horton, Inc. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

DR Horton Inc. (NYSE:DHI) reported its EPS in the last quarter as $0.82/Share beating the analyst estimate of $0.81/Share by a difference of $0.01. Tower Research Capital LLC TRC grew its position in shares of D.R. Horton by 179.5% in the second quarter. Among active positions in the latest quarter, 263 holders increased their positions by a total of 32.51 million shares, 331 holders decreased the positions by a total of 38.05 million shares, and 91 holders held their positions. Following the sale, the director now owns 24,880 shares in the company, valued at $922,052.80.

Here we will take a look into some valuation metrics for D.R. Horton, Inc. Carret Asset Management LLC now owns 49,775 shares of the construction company's stock valued at $1,988,000 after purchasing an additional 13,770 shares during the period. Meiji Yasuda Life Insurance Co raised its holdings in shares of D.R. Horton by 17.9% in the second quarter. Ameritas Investment Partners Inc. now owns 8,210 shares of the construction company's stock valued at $283,000 after purchasing an additional 111 shares during the last quarter.

When considering a stock buy, many investors seek to know what Wall Street analysts are saying about the company - by looking at the average analyst rating, for example. The share price has moved forward from its 20 days moving average, trading at a distance of 5.5% and stays 13.84% away from its 50 days moving average.

Price to Sale ratio of the company stands at 1.22 while Price to Book Ratio stands at 2.23. In the latest earnings report the EPS was $2.74 with 374.99M shares now outstanding. During the same period in the previous year, the firm earned $0.75 EPS. sell-side analysts expect that D.R. Horton will post 3.15 EPS for the current fiscal year.

A number of other equities research analysts have also recently commented on the stock.

Turning to Noodles & Company (NASDAQ:NDLS), its shares were trading at $4.4 a gain of $0.15, on the trading floor.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.125 per share. Csenge Advisory Group purchased a new stake in D.R. Horton during the third quarter worth $237,000. The ex-dividend date of this dividend is Thursday, November 30th.

October 23 investment analysts at Wells Fargo & Company made no change to the company rating of "Outperform" with a current price target of $62.00.

Buckingham Research raised the price target on November 10 changing the price objective from $39.00 to $44.00 and stated a "Neutral" rating. Old Mutual Customised Solutions (Proprietary) reported 0.04% in D. R. Horton Inc (NYSE:DHI). (NYSE:DHI) has an average volume of 4.02 Million.

The company showed 3.17 diluted EPS growth for trailing twelve months. At the time of writing D.R. Horton, Inc. (DHI)'s shares. The total value of these holdings, in millions, is $15,728. Following the sale, the director now directly owns 8,000 shares in the company, valued at approximately $288,880. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bradley S. Anderson sold 10,000 shares of D.R. Horton stock in a transaction on Wednesday, September 13th. Enterprise Value is calculated by taking the market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents. Parkside Natl Bank owns 1,160 shares. The disclosure for this sale can be found here. Narrowing in a bit closer, the 5 month price index is 1.38035, the 3 month is 1.28142, and the 1 month is now 1.1141. Insiders own 7.20% of the company's stock.

ILLEGAL ACTIVITY NOTICE: This article was published by BBNS and is the property of of BBNS. If you are reading this story on another domain, it was illegally copied and republished in violation of worldwide copyright and trademark laws. In terms of EBITDA Yield, D.R. Horton, Inc. As per Monday, September 25, the company rating was maintained by RBC Capital Markets. The Company's divisions include its 39 homebuilding divisions, its financial services activities and its other business activities.

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