Brevan Howard Capital Management LP Makes New $287,000 Investment in Dream Finders Homes, Inc. (NASDAQ:DFH)

Brevan Howard Capital Management LP purchased a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,329 shares of the company's stock, valued at approximately $287,000.

A number of other large investors have also recently bought and sold shares of DFH. Kayne Anderson Rudnick Investment Management LLC raised its holdings 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 valued at $139,847,000 after acquiring an additional 594,592 shares in the last quarter. Vanguard Group Inc. increased its holdings in Dream Finders Homes by 24.0% in 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 boosted its position in Dream Finders Homes by 19.7% during the 4th 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 during the period. Arcus Capital Partners LLC increased its holdings in Dream Finders Homes by 21.1% in the fourth quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company's stock valued at $47,967,000 after purchasing an additional 359,659 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Dream Finders Homes by 30.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company's stock worth $15,935,000 after acquiring an additional 159,882 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on DFH shares. Bank of America dropped 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 research report on Monday, January 27th. Wedbush restated a "neutral" rating and set a $26.00 price objective on shares of Dream Finders Homes in a report on Tuesday, May 6th.

Dream Finders Homes Trading Down 0.5%

Shares of DFH traded down $0.11 during midday trading on Thursday, reaching $23.15. The stock had a trading volume of 227,488 shares, compared to its average volume of 461,975. The company has a market capitalization of $2.16 billion, a price-to-earnings ratio of 7.57, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a 12-month low of $19.65 and a 12-month high of $39.15. The company's 50-day moving average is $22.82 and its 200 day moving average is $25.02.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate 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 revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.55 earnings per share. Research analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Insider Buying and Selling

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the company's stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 184,213 shares of the company's stock, valued at approximately $4,511,376.37. This 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 accessible through the SEC website. 70.45% of the stock is currently owned by insiders.

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.