Walleye Capital LLC Buys 20,210 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Walleye Capital LLC boosted its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 227.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,099 shares of the company's stock after buying an additional 20,210 shares during the quarter. Walleye Capital LLC's holdings in Dream Finders Homes were worth $677,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in DFH. Barclays PLC grew its position in shares of Dream Finders Homes by 31.2% in the 4th quarter. Barclays PLC now owns 121,240 shares of the company's stock worth $2,821,000 after acquiring an additional 28,838 shares in the last quarter. Townsquare Capital LLC boosted its position in Dream Finders Homes by 31.8% during the 4th quarter. Townsquare Capital LLC now owns 137,161 shares of the company's stock valued at $3,192,000 after purchasing an additional 33,099 shares during the period. Elgethun Capital Management raised its stake in Dream Finders Homes by 10.1% during the 4th quarter. Elgethun Capital Management now owns 127,704 shares of the company's stock valued at $2,972,000 after acquiring an additional 11,726 shares in the last quarter. Legal & General Group Plc boosted its position in Dream Finders Homes by 230.6% during the 4th quarter. Legal & General Group Plc now owns 79,842 shares of the company's stock worth $1,877,000 after acquiring an additional 55,695 shares during the period. Finally, Invesco Ltd. boosted its position in Dream Finders Homes by 210.7% during the 4th 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 period. Institutional investors and hedge funds own 95.55% of the company's stock.

Insider Buying and Selling at Dream Finders Homes

In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 70.45% of the company's stock.

Wall Street Analysts Forecast Growth

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

Dream Finders Homes Stock Performance

NASDAQ:DFH traded up $0.28 during trading hours on Monday, hitting $22.99. 418,777 shares of the company's stock traded hands, compared to its average volume of 501,988. The firm has a market cap of $2.15 billion, a P/E ratio of 7.51, a P/E/G ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15. The stock's fifty day moving average price is $22.98 and its two-hundred day moving average price is $25.77.

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