American Century Companies Inc. Sells 136,622 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

American Century Companies Inc. trimmed its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH) by 38.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 217,550 shares of the company’s stock after selling 136,622 shares during the quarter. American Century Companies Inc. owned 0.23% of Dream Finders Homes worth $5,617,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of DFH. Charles Schwab Investment Management Inc. boosted its holdings in Dream Finders Homes by 9.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 194,969 shares of the company’s stock valued at $6,927,000 after purchasing an additional 16,902 shares during the period. Trexquant Investment LP acquired a new stake in Dream Finders Homes during the fourth quarter worth about $442,000. Advisory Services Network LLC bought a new position in Dream Finders Homes during the fourth quarter valued at about $208,000. Axiom Investors LLC DE acquired a new position in Dream Finders Homes in the 4th quarter valued at approximately $6,718,000. Finally, Campbell & CO Investment Adviser LLC bought a new stake in shares of Dream Finders Homes in the 4th quarter worth approximately $1,567,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Analyst Ratings Changes

Separately, Bank of America boosted their price objective on Dream Finders Homes from $35.00 to $38.00 and gave the company a “neutral” rating in a research report on Thursday, September 19th.

Dream Finders Homes Stock Down 2.6 %

Shares of DFH opened at $35.70 on Wednesday. The company has a 50-day moving average price of $31.31 and a two-hundred day moving average price of $31.89. The stock has a market cap of $3.33 billion, a price-to-earnings ratio of 11.99, a P/E/G ratio of 0.68 and a beta of 1.89. Dream Finders Homes, Inc. has a 12 month low of $18.29 and a 12 month high of $44.38.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.04. Dream Finders Homes had a return on equity of 32.99% and a net margin of 8.00%. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the prior year, the business posted $0.65 earnings per share. The business’s revenue was up 11.9% compared to the same quarter last year. Equities research analysts expect that Dream Finders Homes, Inc. will post 3.22 EPS for the current fiscal year.

Insiders Place Their Bets

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 6,581 shares of Dream Finders Homes stock in a transaction on Monday, July 8th. The stock was sold at an average price of $25.18, for a total value of $165,709.58. Following the completion of the transaction, the chief executive officer now owns 1,209,478 shares in the company, valued at approximately $30,454,656.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, CEO Patrick O. Zalupski sold 6,581 shares of the company’s stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $25.18, for a total transaction 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick O. Zalupski sold 49,345 shares of the business’s stock in a transaction that occurred on Tuesday, July 23rd. The stock was sold at an average price of $31.24, for a total transaction of $1,541,537.80. Following the completion of the transaction, the chief executive officer now owns 1,156,633 shares of the company’s stock, valued at approximately $36,133,214.92. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 292,734 shares of company stock valued at $9,511,744. 70.45% of the stock is currently owned by insiders.

Dream Finders Homes Company 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.