Sanders Capital LLC Has Decreased D R Horton INC (DHI) Stake as Stock Price Rose

January 13, 2018 - By Peter Erickson

Investors sentiment decreased to 0.86 in Q3 2017. Its down 0.18, from 1.04 in 2017Q2. It is negative, as 54 investors sold DHI shares while 189 reduced holdings. 61 funds opened positions while 147 raised stakes. 308.00 million shares or 2.35% more from 300.92 million shares in 2017Q2 were reported. Ingalls & Snyder Ltd holds 9,650 shares. Envestnet Asset Management has 198,321 shares for 0.02% of their portfolio. A D Beadell Inv Counsel reported 26,825 shares stake. Mcf Ltd Com accumulated 3,617 shares or 0.03% of the stock. Moors And Cabot has invested 0.03% in D.R. Horton, Inc. (NYSE:DHI). Quantitative Inv Ltd Liability Company invested in 0.27% or 588,300 shares. Salem Invest Counselors Incorporated owns 106,033 shares. Sirios Capital Management Limited Partnership holds 2.34% or 1.12M shares in its portfolio. Lombard Odier Asset Mgmt (Europe) Ltd holds 0.01% of its portfolio in D.R. Horton, Inc. (NYSE:DHI) for 5,261 shares. Hightower Advsr Limited Company owns 81,257 shares. First Dallas stated it has 0.31% in D.R. Horton, Inc. (NYSE:DHI). Moreover, Great West Life Assurance Can has 0.02% invested in D.R. Horton, Inc. (NYSE:DHI) for 243,707 shares. Meiji Yasuda Asset Management Communication Limited holds 0.06% or 15,419 shares in its portfolio. Robeco Institutional Asset Mgmt Bv owns 14,699 shares. Us Comml Bank De, a Minnesota-based fund reported 121,625 shares.

Since September 8, 2017, it had 0 insider buys, and 3 insider sales for $852,647 activity. 4,000 shares were sold by Hewatt Michael W, worth $144,454 on Friday, September 8. 10,000 D.R. Horton, Inc. (NYSE:DHI) shares with value of $374,629 were sold by ANDERSON BRADLEY S.

Sanders Capital Llc decreased its stake in D R Horton Inc (DHI) by 16.25% based on its latest 2017Q3 regulatory filing with the SEC. Sanders Capital Llc sold 3.21M shares as the company’s stock rose 10.82% with the market. The institutional investor held 16.55M shares of the capital goods company at the end of 2017Q3, valued at $703.80M, down from 19.76M at the end of the previous reported quarter. Sanders Capital Llc who had been investing in D R Horton Inc for a number of months, seems to be less bullish one the $19.52B market cap company. The stock decreased 0.25% or $0.13 during the last trading session, reaching $51.91. About 1.78 million shares traded. D.R. Horton, Inc. (NYSE:DHI) has risen 15.56% since January 13, 2017 and is uptrending. It has underperformed by 1.14% the S&P500.

Sanders Capital Llc, which manages about $15.69B and $17.96 billion US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 75,200 shares to 3.10M shares, valued at $660.28M in 2017Q3, according to the filing. It also increased its holding in Alphabet Inc by 46,696 shares in the quarter, for a total of 1.28M shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

Analysts await D.R. Horton, Inc. (NYSE:DHI) to report earnings on January, 23. They expect $0.61 EPS, up 10.91 % or $0.06 from last year’s $0.55 per share. DHI’s profit will be $229.36M for 21.27 P/E if the $0.61 EPS becomes a reality. After $0.82 actual EPS reported by D.R. Horton, Inc. for the previous quarter, Wall Street now forecasts -25.61 % negative EPS growth.

More news for D.R. Horton, Inc. (NYSE:DHI) were recently published by: Businesswire.com, which released: “DR Horton, Inc., America’s Builder, Updates Guidance for Impact of New US Tax Law” on January 09, 2018. Businesswire.com‘s article titled: “DR Horton, Inc., America’s Builder, to Release 2018 First Quarter Earnings on …” and published on December 22, 2017 is yet another important article.

D.R. Horton, Inc. (NYSE:DHI) Ratings Coverage

Among 25 analysts covering DR Horton Inc (NYSE:DHI), 14 have Buy rating, 0 Sell and 11 Hold. Therefore 56% are positive. DR Horton Inc had 65 analyst reports since July 30, 2015 according to SRatingsIntel. The stock has “Equal Weight” rating by Barclays Capital on Friday, January 6. Bank of America maintained the shares of DHI in report on Tuesday, June 27 with “Buy” rating. Keefe Bruyette & Woods downgraded it to “Hold” rating and $52.0 target in Thursday, December 7 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Monday, June 5. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”. The firm has “Buy” rating given on Tuesday, September 13 by Bank of America. The firm has “Outperform” rating given on Friday, June 30 by Raymond James. The company was maintained on Thursday, July 13 by RBC Capital Markets. Mizuho maintained the stock with “Hold” rating in Thursday, November 9 report. Buckingham Research maintained the stock with “Neutral” rating in Friday, November 10 report.

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