D R Horton (DHI) Shareholder Covalent Partners Has Trimmed Stake; As General Electric Co Com (GE) Stock Value Declined, Timber Creek Capital Management Has Upped Its Holding by $3.13 Million

February 19, 2018 - By Nellie Frank

Robert Hockett decreased its stake in D R Horton Inc (DHI) by 51.37% based on its latest 2017Q3 regulatory filing with the SEC. Covalent Partners Llc sold 249,240 shares as the company’s stock rose 10.82% with the market. The hedge fund run by Robert Hockett held 235,973 shares of the capital goods company at the end of 2017Q3, valued at $9.42M, down from 485,213 at the end of the previous reported quarter. Covalent Partners Llc who had been investing in D R Horton Inc for a number of months, seems to be less bullish one the $17.13B market cap company. The stock increased 1.02% or $0.46 during the last trading session, reaching $45.57. About 6.27M shares traded or 35.39% up from the average. D.R. Horton, Inc. (NYSE:DHI) has risen 15.56% since February 19, 2017 and is uptrending. It has underperformed by 1.14% the S&P500.

Timber Creek Capital Management Llc increased its stake in General Electric Co Com (GE) by 2555.44% based on its latest 2017Q3 regulatory filing with the SEC. Timber Creek Capital Management Llc bought 130,455 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 135,560 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $3.28 million, up from 5,105 at the end of the previous reported quarter. Timber Creek Capital Management Llc who had been investing in General Electric Co Com for a number of months, seems to be bullish on the $130.52 billion market cap company. The stock increased 1.35% or $0.2 during the last trading session, reaching $15.05. About 64.72M shares traded. General Electric Company (NYSE:GE) has declined 4.46% since February 19, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Since September 8, 2017, it had 0 buys, and 12 sales for $2.90 million activity. $106,065 worth of stock was sold by WHEAT BILL W on Wednesday, February 14. On Monday, February 12 the insider Auld David V sold $224,384. Shares for $333,564 were sold by BUCHANAN MICHAEL R. Another trade for 11,618 shares valued at $520,554 was made by HORTON DONALD R on Monday, February 12. On Thursday, February 1 Allen Barbara K sold $175,158 worth of D.R. Horton, Inc. (NYSE:DHI) or 3,667 shares. ANDERSON BRADLEY S also sold $374,629 worth of D.R. Horton, Inc. (NYSE:DHI) on Wednesday, September 13.

Investors sentiment decreased to 0.86 in 2017 Q3. 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. Brandywine Inv Management Ltd Limited Liability Company has invested 0.44% in D.R. Horton, Inc. (NYSE:DHI). Marshall Wace Ltd Liability Partnership invested in 17,297 shares or 0.03% of the stock. Senator Inv Ltd Partnership has invested 7.97% in D.R. Horton, Inc. (NYSE:DHI). Cantab Prtn Llp owns 65,133 shares. Loeb Prtnrs Corp has 12,000 shares for 0.15% of their portfolio. 17,777 are held by Livforsakringsbolaget Skandia Omsesidigt. Pettee Investors Incorporated holds 0.41% of its portfolio in D.R. Horton, Inc. (NYSE:DHI) for 16,051 shares. Exxonmobil Inv Mgmt Inc Tx owns 62,198 shares. Rockefeller Financial Svcs has 1,125 shares for 0% of their portfolio. Manchester Capital Ltd Liability Corporation reported 0.01% in D.R. Horton, Inc. (NYSE:DHI). Whittier Trust reported 0% in D.R. Horton, Inc. (NYSE:DHI). Stonebridge Capital Ltd Llc holds 1.12% in D.R. Horton, Inc. (NYSE:DHI) or 113,608 shares. Account Mngmt Ltd Liability Corp reported 207,550 shares. Bnp Paribas Asset Management Holdings reported 0% stake. Hodges Capital Mgmt stated it has 0.5% in D.R. Horton, Inc. (NYSE:DHI).

Covalent Partners Llc, which manages about $968.54 million and $147.33 million US Long portfolio, upped its stake in Medical Pptys Trust Inc (NYSE:MPW) by 155,702 shares to 652,702 shares, valued at $8.57 million in 2017Q3, according to the filing.

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 73 analyst reports since July 30, 2015 according to SRatingsIntel. The firm earned “Underperform” rating on Monday, April 18 by FBN Securities. Compass Point maintained D.R. Horton, Inc. (NYSE:DHI) rating on Tuesday, November 10. Compass Point has “Buy” rating and $38.50 target. The stock of D.R. Horton, Inc. (NYSE:DHI) has “Buy” rating given on Tuesday, September 13 by Bank of America. The stock has “Equal-Weight” rating by Barclays Capital on Friday, November 10. The stock of D.R. Horton, Inc. (NYSE:DHI) earned “Outperform” rating by Keefe Bruyette & Woods on Tuesday, December 13. The stock of D.R. Horton, Inc. (NYSE:DHI) has “Outperform” rating given on Tuesday, September 20 by Wedbush. The stock has “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. Wood maintained it with “Overweight” rating and $36 target in Thursday, September 17 report. The firm earned “Buy” rating on Monday, February 5 by RBC Capital Markets. RBC Capital Markets maintained the shares of DHI in report on Sunday, August 20 with “Buy” rating.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It turned negative, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Sage Financial Group owns 3,972 shares for 0.02% of their portfolio. Torch Wealth Mngmt Ltd holds 0.96% or 60,740 shares in its portfolio. City Hldg Communication reported 1.19% in General Electric Company (NYSE:GE). Blue Chip invested in 0.53% or 68,346 shares. Capital World Investors accumulated 156.90 million shares. Zwj Invest Counsel owns 189,088 shares or 0.36% of their US portfolio. Schroder Investment Mgmt Gru invested 0.21% of its portfolio in General Electric Company (NYSE:GE). 10 holds 2.34% or 382,793 shares. Opus Cap Gru Limited Liability Corp has invested 0.08% in General Electric Company (NYSE:GE). Sfmg Ltd holds 0.13% or 26,491 shares. Kistler holds 0.97% or 95,783 shares in its portfolio. Mraz Amerine & Assoc holds 0.11% or 14,070 shares. Central holds 1.27% or 307,000 shares in its portfolio. Greystone Management Limited Liability Corp, a Ohio-based fund reported 56,971 shares. East Coast Asset Management Ltd Llc owns 15,315 shares for 0.1% of their portfolio.

Timber Creek Capital Management Llc, which manages about $337.60 million and $148.43M US Long portfolio, decreased its stake in Procter And Gamble Co Com (NYSE:PG) by 25,204 shares to 11,145 shares, valued at $1.01M in 2017Q3, according to the filing. It also reduced its holding in Paypal Hldgs Inc Com by 10,645 shares in the quarter, leaving it with 38,460 shares, and cut its stake in Amgen Inc Com (NASDAQ:AMGN).

Among 28 analysts covering General Electric Company (NYSE:GE), 8 have Buy rating, 5 Sell and 15 Hold. Therefore 29% are positive. General Electric Company had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Underweight” rating given on Wednesday, November 1 by JP Morgan. RBC Capital Markets downgraded General Electric Company (NYSE:GE) on Tuesday, November 14 to “Sector Perform” rating. Cowen & Co initiated the shares of GE in report on Tuesday, June 7 with “Market Perform” rating. JP Morgan initiated General Electric Company (NYSE:GE) on Thursday, May 12 with “Underweight” rating. The stock of General Electric Company (NYSE:GE) has “Underperform” rating given on Tuesday, October 24 by Oppenheimer. The stock of General Electric Company (NYSE:GE) has “Buy” rating given on Wednesday, December 23 by Argus Research. The stock of General Electric Company (NYSE:GE) earned “Hold” rating by Bank of America on Monday, January 22. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, August 7 by Cowen & Co. The firm has “Buy” rating by UBS given on Friday, October 14. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, June 13 report.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: