12,329 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Acquired by Brevan Howard Capital Management LP

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

A number of other institutional investors and hedge funds also recently made changes to their positions in DFH. First Horizon Advisors Inc. increased its stake in Dream Finders Homes by 93.9% in the fourth 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 last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Dream Finders Homes during the fourth quarter valued at about $116,000. Oregon Public Employees Retirement Fund bought a new position in shares of Dream Finders Homes during the fourth quarter valued at about $149,000. State of Tennessee Department of Treasury bought a new position in shares of Dream Finders Homes during the fourth quarter valued at about $163,000. Finally, Amalgamated Bank grew its stake in shares of Dream Finders Homes by 872.9% during the fourth quarter. Amalgamated Bank now owns 8,017 shares of the company's stock valued at $187,000 after buying an additional 7,193 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company's stock.

Insider Activity

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business'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 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. The trade was a 0.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 70.45% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DFH shares. Wedbush reissued a "neutral" rating and issued a $26.00 target price on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Bank of America cut their target price on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating on the stock in a research note on Monday, January 27th.

Dream Finders Homes Stock Performance

Shares of NASDAQ DFH traded up $0.44 during trading hours on Friday, hitting $23.63. The company's stock had a trading volume of 227,357 shares, compared to its average volume of 494,530. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 7.72, a P/E/G 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 business has a 50-day simple moving average of $22.71 and a 200-day simple moving average of $24.86.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share (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%. During the same period in the prior year, the business posted $0.55 earnings per share. The business's quarterly revenue was up 19.6% on a year-over-year basis. On average, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

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.