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Capital World Investors Has $5.13 Billion Position in D.R. Horton, Inc. $DHI
Capital World Investors significantly increased its stake in D.R. Horton, Inc. (NYSE:DHI) by 159.8% in the third quarter, holding over 30 million shares valued at more than $5.1 billion. The construction company reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.45 per share. Analysts currently have a “Hold” rating on the stock with a consensus target price of $159.93.