BNP Paribas Financial Markets Makes New $370,000 Investment in Dream Finders Homes, Inc. (NASDAQ:DFH)

BNP Paribas Financial Markets bought a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,888 shares of the company's stock, valued at approximately $370,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its holdings in shares of Dream Finders Homes by 45.2% in the 3rd quarter. Barclays PLC now owns 92,402 shares of the company's stock worth $3,345,000 after purchasing an additional 28,764 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Dream Finders Homes by 50.7% in the 4th quarter. Wells Fargo & Company MN now owns 442,456 shares of the company's stock worth $10,296,000 after purchasing an additional 148,789 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Dream Finders Homes by 48.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 185,005 shares of the company's stock worth $4,305,000 after purchasing an additional 60,125 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Dream Finders Homes by 30.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company's stock worth $15,935,000 after purchasing an additional 159,882 shares in the last quarter. Finally, Amalgamated Bank grew its stake in shares of Dream Finders Homes by 872.9% in the fourth quarter. Amalgamated Bank now owns 8,017 shares of the company's stock worth $187,000 after acquiring an additional 7,193 shares during the period. Hedge funds and other institutional investors own 95.55% of the company's stock.

Analyst Ratings Changes

Separately, Wedbush reiterated a "neutral" rating and issued a $26.00 price target on shares of Dream Finders Homes in a research note on Tuesday, May 6th.

Insider Activity

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the company's stock in a transaction on Wednesday, March 12th. The stock was 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 owns 184,213 shares in the company, valued at $4,511,376.37. This represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 68.16% of the company's stock.

Dream Finders Homes Stock Performance

Shares of Dream Finders Homes stock traded up $0.26 during trading hours on Thursday, hitting $20.66. The company's stock had a trading volume of 169,796 shares, compared to its average volume of 488,929. The company has a market cap of $1.93 billion, a PE ratio of 6.74, a PEG 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 moving average price of $22.29 and a two-hundred day moving average price of $24.35.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates 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 previous year, the company earned $0.55 earnings per share. Dream Finders Homes's revenue was up 19.6% on a year-over-year basis. As a group, research analysts anticipate 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.