Federated Hermes Inc. Has $9.01 Million Position in Dream Finders Homes, Inc. (NASDAQ:DFH)

Federated Hermes Inc. lowered its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 7.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 348,800 shares of the company’s stock after selling 26,200 shares during the quarter. Federated Hermes Inc. owned 0.37% of Dream Finders Homes worth $9,006,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DFH. Russell Investments Group Ltd. lifted its stake in Dream Finders Homes by 117,818.2% in the fourth quarter. Russell Investments Group Ltd. now owns 12,971 shares of the company’s stock valued at $461,000 after buying an additional 12,960 shares in the last quarter. Victory Capital Management Inc. bought a new position in Dream Finders Homes in the fourth quarter valued at approximately $398,000. Charles Schwab Investment Management Inc. lifted its stake in Dream Finders Homes by 9.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 194,969 shares of the company’s stock valued at $6,927,000 after buying an additional 16,902 shares in the last quarter. Teacher Retirement System of Texas bought a new position in Dream Finders Homes in the fourth quarter valued at approximately $479,000. Finally, Dynamic Technology Lab Private Ltd lifted its stake in Dream Finders Homes by 4.8% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 26,382 shares of the company’s stock valued at $937,000 after buying an additional 1,215 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insider Transactions at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 6,581 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $25.18, for a total value of $165,709.58. Following the sale, the chief executive officer now owns 1,209,478 shares of the company’s stock, valued at $30,454,656.04. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 6,581 shares of the company’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $25.18, for a total value of $165,709.58. Following the transaction, the chief executive officer now directly owns 1,209,478 shares in the company, valued at $30,454,656.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director William Radford Lovett II sold 30,000 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $34.50, for a total transaction of $1,035,000.00. Following the completion of the transaction, the director now owns 4,766,398 shares in the company, valued at $164,440,731. The disclosure for this sale can be found here. Insiders have sold a total of 267,417 shares of company stock valued at $8,464,421 over the last 90 days. 70.45% of the stock is owned by corporate insiders.

Dream Finders Homes Stock Performance

Shares of DFH opened at $35.93 on Wednesday. Dream Finders Homes, Inc. has a twelve month low of $18.29 and a twelve month high of $44.38. The firm’s 50 day moving average price is $30.49 and its two-hundred day moving average price is $31.93. The firm has a market cap of $3.35 billion, a P/E ratio of 12.18, a PEG ratio of 0.68 and a beta of 1.89.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.77 by $0.04. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.08 billion. Dream Finders Homes had a net margin of 8.00% and a return on equity of 32.99%. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.65 earnings per share. On average, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.22 earnings per share for the current fiscal year.

Dream Finders Homes Profile

Dream Finders Homes, Inc operates as a holding company for Dream Finders Homes LLC that engages in homebuilding business in the United States. The company operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes, as well as active adult homes and custom homes in Florida, Texas, Tennessee, North Carolina, South Carolina, Georgia, Colorado, and the Washington, DC metropolitan area.