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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InMitchell Capital Management Co. significantly increased its stake in D.R. Horton, Inc. during the third quarter, boosting its holdings by 139.9%. The investment firm now owns D.R. Horton shares valued at $5.42 million. This move follows D.R. Horton's robust quarterly performance, which saw the homebuilder surpass analyst estimates for both earnings per share and revenue. Furthermore, D.R. Horton recently announced a quarterly dividend of $0.45 per share. Despite mixed analyst ratings, institutional investors maintain a substantial portion of the company's stock, reflecting confidence in its strong financial results and commitment to shareholder returns.