Arcus Capital Partners LLC Sells 199,024 Shares of Dream Finders Homes, Inc. $DFH

Key Points

• Arcus Capital Partners reduced its Dream Finders Homes stake by 41.9%, selling 199,024 shares and retaining 276,258 shares worth approximately $4.8 million, or 0.30% of the company.
• Institutional investors own 95.55% of Dream Finders Homes, while insiders have recently bought 93,000 shares; director Richard Beckwitt purchased 70,000 shares at an average price of $13.95.
• DFH shares opened at $13.31, near their 52-week low, after the company reported quarterly revenue of $1.06 billion and earnings of $0.27 per share. Analysts have a consensus “Hold” rating and a $26 target price.

Arcus Capital Partners LLC cut its stake in shares of Dream Finders Homes, Inc. (NYSE:DFH - Free Report) by 41.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 276,258 shares of the company's stock after selling 199,024 shares during the quarter. Dream Finders Homes makes up approximately 2.0% of Arcus Capital Partners LLC's portfolio, making the stock its 11th biggest position. Arcus Capital Partners LLC owned 0.30% of Dream Finders Homes worth $4,768,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Cooke & Bieler LP raised its position in shares of Dream Finders Homes by 0.7% during the fourth quarter. Cooke & Bieler LP now owns 2,487,064 shares of the company's stock worth $42,529,000 after acquiring an additional 16,946 shares during the last quarter. Janus Henderson Group PLC lifted its position in shares of Dream Finders Homes by 5.2% in the 1st quarter. Janus Henderson Group PLC now owns 1,876,795 shares of the company's stock worth $26,125,000 after purchasing an additional 92,691 shares during the period. State Street Corp boosted its stake in shares of Dream Finders Homes by 0.4% in the 4th quarter. State Street Corp now owns 1,545,418 shares of the company's stock valued at $26,427,000 after purchasing an additional 6,032 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Dream Finders Homes by 19.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,449,308 shares of the company's stock valued at $20,173,000 after purchasing an additional 234,899 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Dream Finders Homes by 8.6% during the first quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company's stock worth $11,728,000 after buying an additional 41,117 shares during the period. Institutional investors own 95.55% of the company's stock.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $13.31 on Wednesday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 9.31 and a beta of 1.91. Dream Finders Homes, Inc. has a 52-week low of $12.20 and a 52-week high of $31.16. The stock's 50 day moving average price is $14.95 and its two-hundred day moving average price is $15.10.

Dream Finders Homes (NYSE:DFH - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.27 earnings per share for the quarter. Dream Finders Homes had a net margin of 3.55% and a return on equity of 10.38%. The company had revenue of $1.06 billion during the quarter.

Insider Buying and Selling at Dream Finders Homes

In related news, Director Richard Beckwitt acquired 70,000 shares of the business's stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $13.95 per share, with a total value of $976,500.00. Following the transaction, the director directly owned 70,000 shares of the company's stock, valued at $976,500. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have bought a total of 93,000 shares of company stock worth $1,307,055 in the last quarter. 65.97% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, Weiss Ratings restated a "sell (d+)" rating on shares of Dream Finders Homes in a report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $26.00.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.

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