F&v Capital Management Lowers stake in D.R. Horton (DHI)

D.R. Horton (DHI) : F&v Capital Management reduced its stake in D.R. Horton by 3.31% during the most recent quarter end. The investment management company now holds a total of 173,185 shares of D.R. Horton which is valued at $5,432,813 after selling 5,920 shares in D.R. Horton , the firm said in a disclosure report filed with the SEC on Apr 13, 2016.D.R. Horton makes up approximately 4.21% of F&v Capital Management’s portfolio.

D.R. Horton opened for trading at $31.1 and hit $31.48 on the upside on Monday, eventually ending the session at $31.4, with a gain of 0.10% or 0.03 points. The heightened volatility saw the trading volume jump to 31,79,867 shares. Company has a market cap of $11,611 M.

Other Hedge Funds, Including , Kanaly Trust Co reduced its stake in DHI by selling 13 shares or 7.98% in the most recent quarter. The Hedge Fund company now holds 150 shares of DHI which is valued at $4,706.Bkd Wealth Advisors boosted its stake in DHI in the latest quarter, The investment management firm added 515 additional shares and now holds a total of 7,222 shares of D.R. Horton which is valued at $226,554. D.R. Horton makes up approx 0.04% of Bkd Wealth Advisors’s portfolio.Dnb Asset Management As boosted its stake in DHI in the latest quarter, The investment management firm added 4,900 additional shares and now holds a total of 23,334 shares of D.R. Horton which is valued at $731,988. D.R. Horton makes up approx 0.02% of Dnb Asset Management As’s portfolio.Capstone Asset Management Co reduced its stake in DHI by selling 265,260 shares or 86.95% in the most recent quarter. The Hedge Fund company now holds 39,796 shares of DHI which is valued at $1,248,401. D.R. Horton makes up approx 0.04% of Capstone Asset Management Co’s portfolio.

On the company’s financial health, D.R. Horton reported $0.42 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jan 25, 2016. Analyst had a consensus of $0.41. The company had revenue of $2361.00 million for the quarter, compared to analysts expectations of $2426.17 million. The company’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on D.R. Horton. D.R. Horton was Downgraded by FBN Securities to ” Underperform” on Apr 18, 2016. Shares were Reiterated by RBC Capital Mkts on Jan 26, 2016 to “Outperform” and Lowered the Price Target to $ 31 from a previous price target of $35 .D.R. Horton was Upgraded by Sterne Agee CRT to ” Buy” on Jan 19, 2016.

D.R. Horton Inc. is a homebuilding company. The Company is engaged in the acquisition and development of land and the construction and sale of residential homes through its operating divisions in around 27 states and over 79 metropolitan markets of the United States under the names of D.R. Horton America’s Builder Express Homes Emerald Homes Breland Homes Regent Homes Crown Communities and Pacific Ridge Homes. The Company operates through two segments: homebuilding and financial services operation. The Company designs builds and sells single-family detached homes on lots it develops and on fully developed lots purchased ready for home construction. To a lesser extent the Company builds and sells attached homes such as town homes duplexes triplexes and condominiums. The Company sells land and lots to other developers and homebuilders where it has excess land and lot positions or for other strategic reasons.

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