<div id="readability-page-1"><p>Bamco Inc. NY lowered its position in shares of  D.R. Horton, Inc. (NYSE:DHI - Free Report) by 43.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 364,394 shares of the construction company's stock after selling 282,494 shares during the quarter. Bamco Inc. NY owned about 0.12% of D.R. Horton worth $50,950,000 at the end of the most recent quarter.</p><ul><li>Should You Buy the Dip in Real Estate Stocks Now?</li></ul><p>A number of other hedge funds have also recently modified their holdings of DHI. Norges Bank purchased a new position in  D.R. Horton during the fourth quarter valued at $593,363,000.  Franklin Resources Inc. raised its position in shares of  D.R. Horton by 71.5% in the 4th quarter. Franklin Resources Inc. now owns 3,574,409 shares of the construction company's stock worth $499,774,000 after purchasing an additional 1,490,648 shares during the last quarter.  Raymond James Financial Inc. bought a new position in  D.R. Horton in the 4th quarter worth about $98,720,000.  Renaissance Technologies LLC grew its position in  D.R. Horton by 676.4% during the 4th quarter. Renaissance Technologies LLC now owns 756,538 shares of the construction company's stock valued at $105,779,000 after purchasing an additional 659,100 shares during the last quarter.  Finally, Amundi increased its stake in  D.R. Horton by 69.1% during the 4th quarter. Amundi now owns 1,358,213 shares of the construction company's stock valued at $190,014,000 after purchasing an additional 555,122 shares in the last quarter. Institutional investors own  90.63% of the company's stock. </p><h2>D.R. Horton Trading Up 1.3 %</h2><p>Shares of D.R. Horton stock opened at $127.23 on Monday. D.R. Horton, Inc. has a 1-year low of $110.44 and a 1-year high of $199.85. The company's fifty day simple moving average is $125.66 and its 200-day simple moving average is $142.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 6.92 and a quick ratio of 1.09. The stock has a market capitalization of $39.08 billion, a PE ratio of 8.99, a P/E/G ratio of 0.54 and a beta of 1.61. </p><ul><li>PulteGroup Earnings Signal Potential Entry Points for Investors</li></ul><p>D.R. Horton (NYSE:DHI - Get Free Report) last released its earnings results on Thursday, April 17th. The construction company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $2.69 by ($0.11). The company had revenue of $7.73 billion for the quarter, compared to analysts' expectations of $8.07 billion. D.R. Horton had a net margin of 12.69% and a return on equity of 18.48%. During the same quarter last year, the firm posted $3.52 earnings per share.  As a group, equities analysts anticipate that  D.R. Horton, Inc. will post 13.04 earnings per share for the current year. </p><h2>D.R. Horton Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Friday, May 2nd will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Friday, May 2nd. D.R. Horton's dividend payout ratio  is 12.11%. </p><h2>Analyst Ratings Changes</h2><ul><li>Cavco's Future Looks Bright as Affordable Housing Demand Soars</li></ul><p>DHI has been the topic of a number of recent analyst reports. Royal Bank of Canada cut their price target on shares of D.R. Horton from $125.00 to $105.00 and set an &#34;underperform&#34; rating on the stock in a report on Monday, April 21st. JPMorgan Chase &amp; Co. reduced their target price on D.R. Horton from $132.00 to $111.00 and set an &#34;underweight&#34; rating for the company in a report on Monday, April 21st. The Goldman Sachs Group lowered their price target on D.R. Horton from $173.00 to $150.00 and set a &#34;buy&#34; rating on the stock in a report on Tuesday, April 15th. Keefe, Bruyette &amp; Woods reduced their price objective on D.R. Horton from $165.00 to $135.00 and set a &#34;market perform&#34; rating for the company in a report on Tuesday, April 22nd. Finally, StockNews.com cut shares of D.R. Horton from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, six have assigned  a hold rating, six have given a buy rating and one  has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and a consensus target price of $151.15.</p><p><b>Get Our Latest Report on DHI</b></p><h2>D.R. Horton Company Profile</h2> (Free Report)<p>D.R. Horton, Inc operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than D.R. Horton</li><li>Best Aerospace Stocks Investing </li><li>Western Digital: Is the Storage Sector Set for a Rebound?</li><li>What is a Low P/E Ratio and What Does it Tell Investors?</li><li>Wingstop Stock Jumps on Q1 Beat, Expansion Outlook</li><li>Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index</li><li>Why Energy Stocks Like Exxon and Hess Are Back in Focus</li></ul><p><strong>Want to see what other hedge funds are holding DHI?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for D.R. Horton, Inc. (NYSE:DHI - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURISQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURISQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in D.R. Horton Right Now?</h2><p>Before you consider D.R. Horton, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and D.R. Horton wasn't on the list.</p><p>While D.R. Horton currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Bamco Inc. NY reduced its stake in D.R. Horton, Inc. (NYSE:DHI) by 43.7% in Q4, selling 282,494 shares, leaving it with 364,394 shares valued at approximately $50.95 million. Other institutional investors also adjusted their holdings, with Norges Bank acquiring a new position worth $593.36 million. D.R. Horton shares opened at $127.23, with a market cap of $39.08 billion. The company reported Q1 earnings of $2.58 per share, missing estimates, and announced a quarterly dividend of $0.40. Analyst ratings vary, with a consensus rating of "Hold."</p>

Bamco Inc. NY Sells 282,494 Shares of D.R. Horton, Inc. (NYSE:DHI)