11,204 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Bought by Victory Capital Management Inc.

Victory Capital Management Inc. bought a new position in Dream Finders Homes, Inc. (NASDAQ:DFH) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 11,204 shares of the company’s stock, valued at approximately $398,000.

A number of other institutional investors also recently bought and sold shares of the stock. Federated Hermes Inc. bought a new position in Dream Finders Homes in the 4th quarter worth $13,324,000. Charles Schwab Investment Management Inc. raised its holdings in Dream Finders Homes by 7.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 178,067 shares of the company’s stock worth $3,958,000 after purchasing an additional 11,803 shares during the period. Bank of New York Mellon Corp raised its holdings in Dream Finders Homes by 9.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 158,445 shares of the company’s stock worth $3,522,000 after purchasing an additional 13,907 shares during the period. Lawson Kroeker Investment Management Inc. NE raised its holdings in Dream Finders Homes by 1.0% in the 4th quarter. Lawson Kroeker Investment Management Inc. NE now owns 155,668 shares of the company’s stock worth $5,531,000 after purchasing an additional 1,580 shares during the period. Finally, Denali Advisors LLC raised its holdings in Dream Finders Homes by 226.2% in the 4th quarter. Denali Advisors LLC now owns 148,243 shares of the company’s stock worth $5,267,000 after purchasing an additional 102,800 shares during the period. 95.55% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DFH has been the subject of a number of analyst reports. Bank of America increased their price target on Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 2nd. Wedbush reiterated a “neutral” rating and issued a $24.00 price target on shares of Dream Finders Homes in a research note on Thursday, May 2nd. TheStreet upgraded Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st. Finally, Zelman & Associates upgraded Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 price target for the company in a research note on Monday, May 13th.

Insiders Place Their Bets

In other news, CFO Lorena Anabel Fernandez sold 924 shares of Dream Finders Homes stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $38.50, for a total transaction of $35,574.00. Following the completion of the sale, the chief financial officer now owns 139,172 shares of the company’s stock, valued at $5,358,122. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Len Sturm sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The shares were sold at an average price of $38.59, for a total value of $38,590.00. Following the completion of the transaction, the director now owns 15,803 shares of the company’s stock, valued at $609,837.77. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Lorena Anabel Fernandez sold 924 shares of the business’s stock in a transaction that occurred on Tuesday, March 5th. The stock was sold at an average price of $38.50, for a total transaction of $35,574.00. Following the completion of the transaction, the chief financial officer now directly owns 139,172 shares of the company’s stock, valued at approximately $5,358,122. The disclosure for this sale can be found here. Insiders sold a total of 249,413 shares of company stock valued at $9,642,984 over the last 90 days. Insiders own 70.45% of the company’s stock.

Dream Finders Homes Price Performance

Shares of NASDAQ DFH opened at $28.25 on Friday. The company has a market cap of $2.63 billion, a P/E ratio of 9.58, a PEG ratio of 0.57 and a beta of 2.05. Dream Finders Homes, Inc. has a 1 year low of $17.61 and a 1 year high of $44.38. The firm has a 50-day simple moving average of $35.65 and a two-hundred day simple moving average of $33.17.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.11). The firm had revenue of $827.80 million during the quarter, compared to the consensus estimate of $886.34 million. Dream Finders Homes had a return on equity of 34.31% and a net margin of 7.91%. The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.45 EPS. As a group, equities research analysts expect that Dream Finders Homes, Inc. will post 3.21 EPS for the current year.

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.