The Illinois Municipal Retirement Fund significantly reduced its stake in D.R. Horton (NYSE:DHI) by 22.2% in the third quarter, selling 11,428 shares. Despite this, D.R. Horton continues to be largely owned by institutional investors, with strong quarterly earnings beating analyst expectations. The company also announced a quarterly dividend of $0.45, reflecting an annualized yield of 1.1%.
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Illinois Municipal Retirement Fund Sells 11,428 Shares of D.R. Horton, Inc. $DHI
The Illinois Municipal Retirement Fund significantly reduced its stake in D.R. Horton (NYSE:DHI) by 22.2% in the third quarter, selling 11,428 shares. Despite this, D.R. Horton continues to be largely owned by institutional investors, with strong quarterly earnings beating analyst expectations. The company also announced a quarterly dividend of $0.45, reflecting an annualized yield of 1.1%.