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

Barclays PLC boosted its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 31.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 121,240 shares of the company's stock after purchasing an additional 28,838 shares during the period. Barclays PLC owned about 0.13% of Dream Finders Homes worth $2,821,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its position in Dream Finders Homes by 24.0% during the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company's stock worth $72,788,000 after purchasing an additional 605,508 shares in the last quarter. Cooke & Bieler LP increased its holdings in shares of Dream Finders Homes by 19.7% during the fourth quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company's stock worth $51,124,000 after buying an additional 361,616 shares in the last quarter. Arcus Capital Partners LLC lifted its stake in shares of 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 valued at $47,967,000 after acquiring an additional 359,659 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Dream Finders Homes by 210.7% during the 4th quarter. Invesco Ltd. now owns 507,903 shares of the company's stock valued at $11,819,000 after acquiring an additional 344,426 shares in the last quarter. Finally, Wells Fargo & Company MN grew its position in Dream Finders Homes by 50.7% during the 4th quarter. Wells Fargo & Company MN now owns 442,456 shares of the company's stock worth $10,296,000 after acquiring an additional 148,789 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total transaction of $25,200.21. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 70.45% of the company's stock.

Dream Finders Homes Trading Up 1.6 %

DFH traded up $0.38 during trading on Monday, reaching $23.12. 35,897 shares of the company's stock were exchanged, compared to its average volume of 497,692. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The firm has a fifty day moving average price of $23.00 and a two-hundred day moving average price of $25.46. The stock has a market capitalization of $2.16 billion, a PE ratio of 7.55, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95.

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

Wall Street Analyst Weigh In

Separately, 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 report on Monday, January 27th.

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.