Sun Sep 15 15:36:52 UTC 2024: ## Zions Bancorporation Boosts D.R. Horton Stake Amid Positive Analyst Sentiment
**Salt Lake City, UT – September 15, 2024** – Zions Bancorporation N.A. significantly increased its holdings in homebuilder D.R. Horton, Inc. (NYSE: DHI) during the second quarter, according to the company’s recent Form 13F filing. Zions Bancorporation’s stake in D.R. Horton jumped by 1,581.0%, reaching 1,681 shares valued at $237,000.
This move by Zions Bancorporation comes amidst a wave of positive sentiment surrounding D.R. Horton. Several other institutional investors and hedge funds have also adjusted their positions in the stock, including Premier Path Wealth Partners LLC, Coldstream Capital Management Inc., Whittier Trust Co., Values First Advisors Inc., and Studio Investment Management LLC.
Research analysts have also expressed optimism about D.R. Horton. Barclays, Bank of America, Evercore ISI, and UBS Group all raised their price targets for the stock, with several assigning a “buy” rating. This positive sentiment is reflected in the stock’s current consensus rating of “Hold” and a consensus price target of $182.07.
D.R. Horton recently reported strong earnings results, exceeding analysts’ expectations. The company also announced a stock buyback program, allowing it to repurchase up to $4.00 billion in outstanding shares.
**D.R. Horton’s strong financial performance, positive analyst ratings, and stock buyback program are likely contributing to the increased interest from institutional investors. The company continues to be a major player in the U.S. homebuilding industry, operating across 33 states and 118 markets. **
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