US Bancorp DE Boosts Stake in Dream Finders Homes, Inc. (NASDAQ:DFH)

US Bancorp DE boosted its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 7.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,313 shares of the company’s stock after buying an additional 1,952 shares during the quarter. US Bancorp DE’s holdings in Dream Finders Homes were worth $659,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DFH. Arcus Capital Partners LLC lifted its stake 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 worth $47,967,000 after purchasing an additional 359,659 shares during the period. Janus Henderson Group PLC lifted its stake in shares of Dream Finders Homes by 2,502.1% during the 3rd quarter. Janus Henderson Group PLC now owns 689,685 shares of the company’s stock worth $24,974,000 after purchasing an additional 663,180 shares during the period. Geode Capital Management LLC lifted its stake in shares of Dream Finders Homes by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 622,342 shares of the company’s stock worth $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% during the 4th quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company’s stock worth $5,485,000 after purchasing an additional 15,100 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Dream Finders Homes by 4.8% during 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. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

NASDAQ:DFH opened at $26.07 on Wednesday. The business’s 50-day moving average is $23.21 and its two-hundred day moving average is $28.55. Dream Finders Homes, Inc. has a 12 month low of $20.54 and a 12 month high of $44.38. The firm has a market capitalization of $2.44 billion, a PE ratio of 8.52, a price-to-earnings-growth ratio of 1.28 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH) last announced its earnings results on Tuesday, February 25th. The company reported $1.35 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same period in the previous year, the company earned $1.00 earnings per share. The company’s revenue for the quarter was up 35.2% compared to the same quarter last year. Equities analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Activity at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 18,214 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total value of $500,156.44. Following the completion of the sale, the chief executive officer now directly owns 1,956,353 shares of the company’s stock, valued at $53,721,453.38. The trade was a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 70.45% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

About Dream Finders Homes

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.