Congress Asset Management Co. Sells 133,845 Shares of D.R. Horton, Inc. $DHI

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Congress Asset Management Co. significantly reduced its stake in D.R. Horton, Inc. by selling 133,845 shares, marking a 45.3% decrease in its holdings. Despite this, institutional ownership of D.R. Horton remains high at 90.63%, with other major institutional investors increasing their positions. The company reported slightly better-than-expected quarterly earnings and pays a quarterly dividend, while analysts currently rate the stock as “Hold” with an average price target of $159.93.

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