Barclays PLC Buys 28,838 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Barclays PLC lifted its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 31.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 121,240 shares of the company's stock after purchasing an additional 28,838 shares during the quarter. Barclays PLC owned 0.13% of Dream Finders Homes worth $2,821,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DFH. Wilmington Savings Fund Society FSB purchased a new stake in Dream Finders Homes during the third quarter worth about $63,000. Nordea Investment Management AB increased its position in Dream Finders Homes by 4.3% in the fourth quarter. Nordea Investment Management AB now owns 120,597 shares of the company's stock worth $2,811,000 after buying an additional 4,971 shares during the last quarter. Hennessy Advisors Inc. raised its stake in shares of Dream Finders Homes by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company's stock valued at $5,485,000 after buying an additional 15,100 shares during the period. SG Americas Securities LLC lifted its position in shares of Dream Finders Homes by 88.6% during the 4th quarter. SG Americas Securities LLC now owns 9,185 shares of the company's stock valued at $214,000 after buying an additional 4,315 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of Dream Finders Homes during the 4th quarter worth $215,000. 95.55% of the stock is owned by institutional investors.

Dream Finders Homes Trading Up 3.1 %

Shares of DFH traded up $0.68 during mid-day trading on Friday, reaching $22.77. 261,599 shares of the stock traded hands, compared to its average volume of 501,631. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 7.44, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15. The firm has a fifty day moving average price of $23.00 and a 200 day moving average price of $25.58.

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

Insider Transactions at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm's stock in a transaction 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 sale, the chief financial officer now owns 184,213 shares of the company's stock, valued at $4,511,376.37. This trade represents a 0.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 70.45% of the company's stock.

Analysts Set New Price Targets

Separately, Bank of America lowered their target price on shares of 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 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.