55,655 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Purchased by Davidson Kahn Capital Management LLC

Davidson Kahn Capital Management LLC acquired 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 acquired 55,655 shares of the company's stock, valued at approximately $1,295,000. Dream Finders Homes makes up approximately 1.2% of Davidson Kahn Capital Management LLC's investment portfolio, making the stock its 28th largest position. Davidson Kahn Capital Management LLC owned about 0.06% of Dream Finders Homes as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of DFH. Vanguard Group Inc. grew its holdings in shares of Dream Finders Homes by 24.0% during the fourth quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company's stock worth $72,788,000 after buying an additional 605,508 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Dream Finders Homes by 11.0% in the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company's stock worth $139,847,000 after acquiring an additional 594,592 shares during the period. Cooke & Bieler LP raised its holdings in Dream Finders Homes by 19.7% in the 4th quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company's stock valued at $51,124,000 after acquiring an additional 361,616 shares during the last quarter. Arcus Capital Partners LLC boosted its stake in Dream Finders Homes by 21.1% in the 4th quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company's stock worth $47,967,000 after buying an additional 359,659 shares during the last quarter. Finally, Invesco Ltd. boosted its position in shares of Dream Finders Homes by 210.7% in the fourth quarter. Invesco Ltd. now owns 507,903 shares of the company's stock worth $11,819,000 after acquiring an additional 344,426 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Bank of America dropped their price objective on shares of Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a research report on Monday, January 27th.

Dream Finders Homes Stock Up 3.1 %

Shares of NASDAQ:DFH traded up $0.68 during trading on Friday, hitting $22.77. 261,599 shares of the company traded hands, compared to its average volume of 499,523. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 7.44, a PEG ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The business's fifty day moving average is $23.00 and its 200-day moving average is $25.52.

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

Insider Activity at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction dated Wednesday, March 12th. The stock was 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 approximately $4,511,376.37. This trade represents a 0.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 70.45% of the company's stock.

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.