In terms of floated shares, the short interest was calculated to be 4.7%.
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A number of research analysts have issued reports on DHI shares. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. The short interest augmentation took it from 15,217,331 on June 30,2015 to 15,322,501 on July 15,2015. Barclays raised their target price on shares of D.R. Horton from $25.00 to $26.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 20th. Year-to-Date the stock performance stands at 6.22%. (NYSE:DHI) a rating of 2.36 on a consensus basis. The shares opened for trading at $26.56 and hit $26.98 on the upside, eventually ending the session at $26.74, with a gain of 0.04% or 0.01 points. The daily volume was measured at 6,516,365 shares. The stock’s 50-day moving average is $27.27 and its 200-day moving average is $26.67. Analysts at Raymond James reiterated an “outperform” rating and set a $29.00 price target (down previously from $31.00) on shares of D.R. Horton in a research note on Tuesday, May 19th. The company has made substantial progress toward its goal of garnering sustainable positive cash flow from operations, which came in at $357.40 million. The company had revenue of $3.00 billion for the quarter, compared to the consensus estimate of $2.71 billion.
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The company was able to post an exorbitant earnings growth, courtesy of selling more homes at higher prices than expected. The Insider selling transaction had a total value worth of $59,439. Now the company Insiders own 10.68% of DR Horton Inc. During last 3 month period, -0.84% of total institutional ownership has changed in the company shares. The Company constructs and sells homes through its operating divisions in 27 states and 78 metropolitan markets of the United States, primarily under the name of D.R. Horton, Americas Builder. The company has received recommendation from many analysts. During the fiscal year ended September 30, 2013 (fiscal 2013), the Company closed 24,155 homes. In May 2014, the Company acquired homebuilding operations of Crown Communities.
