Senator Investment Group LP Lowered Holding in D R Horton INC (DHI) by $76.50 Million

April 26, 2018 - By Dolores Ford

D.R. Horton, Inc. (NYSE:DHI) LogoInvestors sentiment increased to 1.04 in Q4 2017. Its up 0.18, from 0.86 in 2017Q3. It improved, as 26 investors sold DHI shares while 204 reduced holdings. 94 funds opened positions while 146 raised stakes. 304.15 million shares or 1.25% less from 308.00 million shares in 2017Q3 were reported. Bluemountain Cap Management Ltd Liability Com holds 43,984 shares or 0.05% of its portfolio. Clarivest Asset Mgmt Ltd Liability Com accumulated 1.25 million shares or 1.1% of the stock. Envestnet Asset reported 101,317 shares stake. Bradley Foster Sargent Ct reported 22,330 shares stake. Balyasny Asset Limited Liability accumulated 20,400 shares. Waterfront Capital Lc owns 411,328 shares. 811,565 were reported by Mitsubishi Ufj Trust & Corp. Assetmark Incorporated, a California-based fund reported 708 shares. Tiemann Investment Ltd Liability Com reported 3,980 shares. The Massachusetts-based Boston Private Wealth Lc has invested 0.03% in D.R. Horton, Inc. (NYSE:DHI). Tcw Gru reported 702,506 shares or 0.29% of all its holdings. Moreover, Hightower Advsr Ltd has 0.04% invested in D.R. Horton, Inc. (NYSE:DHI) for 86,890 shares. Gp One Trading Ltd Partnership holds 0.01% or 24,408 shares in its portfolio. Moreover, First Bank Of Omaha has 0.08% invested in D.R. Horton, Inc. (NYSE:DHI). Caxton Assoc Limited Partnership invested in 97,689 shares or 0.25% of the stock.

Since February 1, 2018, it had 0 insider buys, and 17 selling transactions for $3.24 million activity. HORTON DONALD R sold $474,147 worth of D.R. Horton, Inc. (NYSE:DHI) on Wednesday, February 14. Auld David V had sold 4,986 shares worth $224,384. 2,423 shares were sold by Allen Barbara K, worth $110,794. The insider WHEAT BILL W sold 2,568 shares worth $109,542. Another trade for 3,423 shares valued at $143,213 was made by Hewatt Michael W on Thursday, March 1.

Doug Silverman decreased its stake in D R Horton Inc (DHI) by 10% based on its latest 2017Q4 regulatory filing with the SEC. Senator Investment Group Lp sold 1.50 million shares as the company’s stock declined 13.89% with the market. The hedge fund run by Doug Silverman held 13.50 million shares of the capital goods company at the end of 2017Q4, valued at $689.45M, down from 15.00 million at the end of the previous reported quarter. Senator Investment Group Lp who had been investing in D R Horton Inc for a number of months, seems to be less bullish one the $17.09 billion market cap company. The stock increased 1.18% or $0.53 during the last trading session, reaching $45.46. About 4.00 million shares traded. D.R. Horton, Inc. (NYSE:DHI) has risen 32.44% since April 26, 2017 and is uptrending. It has outperformed by 20.89% the S&P500.

Senator Investment Group Lp, which manages about $11.90B and $9.34 billion US Long portfolio, upped its stake in Jazz Pharmaceuticals Plc (NASDAQ:JAZZ) by 98,295 shares to 1.40M shares, valued at $188.28M in 2017Q4, according to the filing. It also increased its holding in Allergan Plc by 924,171 shares in the quarter, for a total of 2.13M shares, and has risen its stake in Mgm Resorts International (NYSE:MGM).

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

Among 13 analysts covering DR Horton (NYSE:DHI), 8 have Buy rating, 0 Sell and 5 Hold. Therefore 62% are positive. DR Horton has $71 highest and $41 lowest target. $55.08’s average target is 21.16% above currents $45.46 stock price. DR Horton had 27 analyst reports since October 30, 2017 according to SRatingsIntel. The rating was downgraded by Wedbush to “Hold” on Tuesday, December 12. The firm has “Hold” rating by Mizuho given on Thursday, March 22. The firm has “Overweight” rating given on Monday, March 26 by Barclays Capital. The stock of D.R. Horton, Inc. (NYSE:DHI) earned “Market Perform” rating by Wood on Friday, December 8. The stock of D.R. Horton, Inc. (NYSE:DHI) has “Hold” rating given on Wednesday, March 21 by Keefe Bruyette & Woods. The stock of D.R. Horton, Inc. (NYSE:DHI) earned “Hold” rating by Mizuho on Thursday, January 18. The rating was maintained by UBS with “Buy” on Friday, November 10. Wedbush upgraded D.R. Horton, Inc. (NYSE:DHI) on Wednesday, March 7 to “Outperform” rating. The stock of D.R. Horton, Inc. (NYSE:DHI) has “Buy” rating given on Thursday, January 4 by Susquehanna. Barclays Capital maintained D.R. Horton, Inc. (NYSE:DHI) on Friday, November 10 with “Equal-Weight” rating.

D.R. Horton, Inc. (NYSE:DHI) Institutional Positions Chart

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