Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Purchased by Victory Capital Management Inc.

Victory Capital Management Inc. grew its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 33.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,849 shares of the company’s stock after acquiring an additional 8,528 shares during the period. Victory Capital Management Inc.’s holdings in Dream Finders Homes were worth $788,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. First Horizon Advisors Inc. grew its stake in shares of Dream Finders Homes by 93.9% during the fourth quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company’s stock valued at $27,000 after acquiring an additional 568 shares in the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Dream Finders Homes during the third quarter valued at about $33,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dream Finders Homes during the third quarter valued at about $63,000. FMR LLC grew its stake in shares of Dream Finders Homes by 99.4% during the third quarter. FMR LLC now owns 2,945 shares of the company’s stock valued at $107,000 after acquiring an additional 1,468 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund acquired a new stake in shares of Dream Finders Homes during the fourth quarter valued at about $149,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Dream Finders Homes Stock Performance

NASDAQ:DFH opened at $24.77 on Friday. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 8.09, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99. Dream Finders Homes, Inc. has a one year low of $20.54 and a one year high of $44.38. The stock has a 50-day simple moving average of $23.41 and a 200 day simple moving average of $28.18.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.10 by $0.25. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.39 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period last year, the firm earned $1.00 earnings per share. On average, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the transaction, the chief financial officer now owns 184,213 shares of the company’s stock, valued at $4,511,376.37. This trade represents a 0.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 70.45% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Bank of America lowered their target price on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a research note on Monday, January 27th.

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.