Rhumbline Advisers Purchases 35,955 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Rhumbline Advisers raised its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 90.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,697 shares of the company’s stock after buying an additional 35,955 shares during the quarter. Rhumbline Advisers owned about 0.08% of Dream Finders Homes worth $1,761,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Arcus Capital Partners LLC raised its position in shares of Dream Finders Homes by 21.1% during the 4th quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock valued at $47,967,000 after buying an additional 359,659 shares in the last quarter. Janus Henderson Group PLC increased its stake in Dream Finders Homes by 2,502.1% during the third quarter. Janus Henderson Group PLC now owns 689,685 shares of the company’s stock worth $24,974,000 after acquiring an additional 663,180 shares during the last quarter. Geode Capital Management LLC raised its position in Dream Finders Homes by 6.7% during the third quarter. Geode Capital Management LLC now owns 622,342 shares of the company’s stock valued at $22,539,000 after purchasing an additional 39,130 shares during the period. Hennessy Advisors Inc. lifted its stake in shares of Dream Finders Homes by 6.8% in the 4th quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company’s stock valued at $5,485,000 after purchasing an additional 15,100 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Dream Finders Homes by 4.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 226,651 shares of the company’s stock worth $8,207,000 after purchasing an additional 10,446 shares during the period. Institutional investors own 95.55% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America decreased their price target on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, January 27th.

Dream Finders Homes Trading Up 3.8 %

Shares of NASDAQ:DFH opened at $23.71 on Wednesday. Dream Finders Homes, Inc. has a 12 month low of $20.54 and a 12 month high of $44.38. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 7.75, a PEG ratio of 1.28 and a beta of 2.01. The firm’s 50-day moving average is $23.02 and its 200 day moving average is $28.74.

Dream Finders Homes (NASDAQ:DFH) last released its earnings results on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.25. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The firm had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.39 billion. During the same quarter in the prior year, the firm posted $1.00 earnings per share. The company’s quarterly revenue was up 35.2% on a year-over-year basis. As a group, equities analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 18,214 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total transaction of $500,156.44. Following the transaction, the chief executive officer now directly owns 1,956,353 shares in the company, valued at $53,721,453.38. This trade represents a 0.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 70.45% of the stock is currently owned by corporate insiders.

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.