Davidson Kahn Capital Management LLC Invests $1.30 Million in Dream Finders Homes, Inc. (NASDAQ:DFH)

Davidson Kahn Capital Management LLC purchased a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 55,655 shares of the company's stock, valued at approximately $1,295,000. Dream Finders Homes comprises about 1.2% of Davidson Kahn Capital Management LLC's holdings, making the stock its 28th biggest holding. Davidson Kahn Capital Management LLC owned 0.06% of Dream Finders Homes at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. First Horizon Advisors Inc. raised its stake in shares of Dream Finders Homes by 93.9% in the 4th 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 during the period. Wilmington Savings Fund Society FSB acquired a new position in Dream Finders Homes during the third quarter worth approximately $63,000. KLP Kapitalforvaltning AS purchased a new stake in Dream Finders Homes in the 4th quarter valued at $116,000. Oregon Public Employees Retirement Fund purchased a new position in shares of Dream Finders Homes during the fourth quarter worth about $149,000. Finally, State of Tennessee Department of Treasury purchased a new stake in Dream Finders Homes during the 4th quarter valued at approximately $163,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Dream Finders Homes Stock Performance

Shares of NASDAQ:DFH traded down $0.63 during trading hours on Tuesday, hitting $22.03. The stock had a trading volume of 221,696 shares, compared to its average volume of 497,809. Dream Finders Homes, Inc. has a 1-year low of $19.65 and a 1-year high of $39.15. The stock's fifty day simple moving average is $22.98 and its 200 day simple moving average is $25.37. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 1.28 and a beta of 1.95.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. Dream Finders Homes's quarterly revenue was up 19.6% on a year-over-year basis. During the same period last year, the company posted $0.55 earnings per share. As a group, research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total value of $25,200.21. Following the completion of the transaction, the chief financial officer now directly owns 184,213 shares in the company, valued at $4,511,376.37. This trade represents a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 70.45% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DFH shares. Wedbush reaffirmed a "neutral" rating and issued a $26.00 price objective on shares of Dream Finders Homes in a report on Tuesday. Bank of America dropped 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 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.