As Gwr (GWR) Shares Declined, Ack Asset Management Upped Its Stake; Swarthmore Group Lowered Its D R Horton (DHI) Stake by $2.67 Million as Stock Declined

May 18, 2018 - By Nellie Frank

D.R. Horton, Inc. (NYSE:DHI) Logo

Richard S. Meisenberg increased its stake in Gwr (GWR) by 34.09% based on its latest 2017Q4 regulatory filing with the SEC. Ack Asset Management Llc bought 75,000 shares as the company’s stock declined 9.03% with the market. The hedge fund run by Richard S. Meisenberg held 295,000 shares of the transportation company at the end of 2017Q4, valued at $23.23M, up from 220,000 at the end of the previous reported quarter. Ack Asset Management Llc who had been investing in Gwr for a number of months, seems to be bullish on the $4.69B market cap company. The stock decreased 0.49% or $0.38 during the last trading session, reaching $77.11. About 48,687 shares traded. Genesee & Wyoming Inc. (NYSE:GWR) has risen 8.57% since May 18, 2017 and is uptrending. It has underperformed by 2.98% the S&P500.

Swarthmore Group Inc decreased its stake in D R Horton Inc (DHI) by 19.46% based on its latest 2017Q4 regulatory filing with the SEC. Swarthmore Group Inc sold 52,300 shares as the company’s stock declined 13.89% with the market. The institutional investor held 216,525 shares of the capital goods company at the end of 2017Q4, valued at $11.06M, down from 268,825 at the end of the previous reported quarter. Swarthmore Group Inc who had been investing in D R Horton Inc for a number of months, seems to be less bullish one the $15.71 billion market cap company. The stock increased 0.56% or $0.23 during the last trading session, reaching $41.62. About 806,874 shares traded. D.R. Horton, Inc. (NYSE:DHI) has risen 32.44% since May 18, 2017 and is uptrending. It has outperformed by 20.89% the S&P500.

Analysts await D.R. Horton, Inc. (NYSE:DHI) to report earnings on July, 25. They expect $1.06 earnings per share, up 39.47% or $0.30 from last year’s $0.76 per share. DHI’s profit will be $400.06 million for 9.82 P/E if the $1.06 EPS becomes a reality. After $0.91 actual earnings per share reported by D.R. Horton, Inc. for the previous quarter, Wall Street now forecasts 16.48% EPS growth.

More news for D.R. Horton, Inc. (NYSE:DHI) were recently published by: Seekingalpha.com, which released: “Will Rising Rates Hurt DR Horton And Other Homebuilders?” on May 16, 2018. Seekingalpha.com‘s article titled: “DR Horton perky after Ira Sohn mention” and published on April 23, 2018 is yet another important article.

Among 25 analysts covering DR Horton Inc (NYSE:DHI), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. DR Horton Inc had 78 analyst reports since July 30, 2015 according to SRatingsIntel. Keefe Bruyette & Woods downgraded the shares of DHI in report on Thursday, December 7 to “Hold” rating. The stock has “Outperform” rating by Wedbush on Wednesday, March 7. Keefe Bruyette & Woods maintained D.R. Horton, Inc. (NYSE:DHI) on Monday, June 5 with “Buy” rating. Argus Research initiated the shares of DHI in report on Friday, June 17 with “Buy” rating. The stock has “Equal Weight” rating by Barclays Capital on Friday, January 6. Barclays Capital maintained the shares of DHI in report on Thursday, April 7 with “Equalweight” rating. Keefe Bruyette & Woods maintained D.R. Horton, Inc. (NYSE:DHI) rating on Tuesday, January 9. Keefe Bruyette & Woods has “Hold” rating and $56.0 target. RBC Capital Markets maintained it with “Buy” rating and $51.0 target in Friday, November 10 report. As per Thursday, February 1, the company rating was maintained by Bank of America. The rating was maintained by RBC Capital Markets on Sunday, August 20 with “Buy”.

Swarthmore Group Inc, which manages about $1.77B and $468.19M US Long portfolio, upped its stake in Broadcom Ltd by 33,050 shares to 33,950 shares, valued at $8.72 million in 2017Q4, according to the filing. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 10,000 shares in the quarter, for a total of 51,450 shares, and has risen its stake in Lockheed Martin Corp (NYSE:LMT).

Investors sentiment increased to 1.04 in 2017 Q4. 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. Creative Planning has invested 0% in D.R. Horton, Inc. (NYSE:DHI). The North Carolina-based Comml Bank Of America De has invested 0.06% in D.R. Horton, Inc. (NYSE:DHI). The Tennessee-based State Of Tennessee Treasury Department has invested 0.07% in D.R. Horton, Inc. (NYSE:DHI). Eads And Heald Counsel reported 26,168 shares. Investment House Ltd Company stated it has 0.07% in D.R. Horton, Inc. (NYSE:DHI). Clearbridge holds 0% of its portfolio in D.R. Horton, Inc. (NYSE:DHI) for 30,441 shares. Bessemer Group Inc holds 8,896 shares. University Of Texas Inv Managment Co holds 288 shares. Principal Inc holds 567,982 shares or 0.03% of its portfolio. 18,974 are held by Thomas White Limited. Brandywine Global Limited Liability Corp reported 1.67M shares or 0.51% of all its holdings. Citadel Limited Liability Company owns 847,227 shares or 0.03% of their US portfolio. Proshare Llc reported 96,103 shares stake. Hbk Invs Limited Partnership holds 457,500 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.08% or 15,677 shares.

Since February 1, 2018, it had 0 buys, and 17 insider sales for $3.24 million activity. 4,930 shares were sold by Auld David V, worth $208,421 on Monday, March 5. 3,423 shares were sold by Hewatt Michael W, worth $143,213 on Thursday, March 1. HORTON DONALD R sold $474,147 worth of D.R. Horton, Inc. (NYSE:DHI) on Wednesday, February 14. $106,065 worth of D.R. Horton, Inc. (NYSE:DHI) was sold by Murray Michael J on Wednesday, February 14. Shares for $106,065 were sold by WHEAT BILL W.

Ack Asset Management Llc, which manages about $419.76M and $445.36 million US Long portfolio, decreased its stake in Avd (NYSE:AVD) by 254,300 shares to 159,800 shares, valued at $3.14 million in 2017Q4, according to the filing. It also reduced its holding in Kw (NYSE:KW) by 400,000 shares in the quarter, leaving it with 825,000 shares, and cut its stake in Atsg (NASDAQ:ATSG).

Investors sentiment increased to 1.4 in Q4 2017. Its up 0.33, from 1.07 in 2017Q3. It increased, as 28 investors sold GWR shares while 70 reduced holdings. 43 funds opened positions while 94 raised stakes. 57.56 million shares or 2.30% less from 58.92 million shares in 2017Q3 were reported. Jefferies Group Ltd Com invested in 0% or 3,320 shares. Proshare Advsr Limited Liability has 0% invested in Genesee & Wyoming Inc. (NYSE:GWR) for 5,818 shares. Citigroup reported 475 shares. Vaughan Nelson Investment Management Limited Partnership invested 0.68% of its portfolio in Genesee & Wyoming Inc. (NYSE:GWR). Goodnow Investment Group Inc Ltd Liability reported 561,527 shares. Northern Trust accumulated 479,135 shares. 30 were accumulated by Winfield Assocs. Tygh Capital Mgmt reported 1.71% stake. New Mountain Vantage Advisers Ltd Liability Corporation has invested 2.71% in Genesee & Wyoming Inc. (NYSE:GWR). Gardner Russo Gardner Ltd Liability Co owns 225 shares or 0% of their US portfolio. Bluestein R H & Communications reported 3,500 shares or 0.01% of all its holdings. Comerica National Bank & Trust reported 117,481 shares. Millennium Management Limited Liability accumulated 106,079 shares or 0.01% of the stock. American Grp holds 127,587 shares or 0.03% of its portfolio. Mason Street Advsr Lc reported 30,384 shares stake.

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

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