Dream Finders Homes, Inc. $DFH Shares Purchased by Charles Schwab Investment Management Inc.

Key Points

• Charles Schwab Investment Management Inc. raised its position in Dream Finders Homes, Inc. by 12.0% in the first quarter, owning approximately $5.99 million worth of shares now totaling 265,908.
• Several other large investors, including Janus Henderson Group PLC and GAMMA Investing LLC, significantly increased their stakes in Dream Finders Homes during the fourth quarter.
• Despite increasing revenues by 9.0% year-over-year, Dream Finders Homes reported an EPS of $0.57, missing analysts' expectations of $0.65.

Charles Schwab Investment Management Inc. raised its stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 12.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 265,908 shares of the company's stock after acquiring an additional 28,388 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.28% of Dream Finders Homes worth $5,999,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Eukles Asset Management purchased a new position in shares of Dream Finders Homes during the 1st quarter worth approximately $34,000. GAMMA Investing LLC raised its stake in shares of Dream Finders Homes by 907.1% during the 1st quarter. GAMMA Investing LLC now owns 5,962 shares of the company's stock worth $135,000 after buying an additional 5,370 shares in the last quarter. State of Tennessee Department of Treasury purchased a new position in shares of Dream Finders Homes during the 4th quarter worth approximately $163,000. State of Wyoming raised its stake in shares of Dream Finders Homes by 223.6% during the 4th quarter. State of Wyoming now owns 8,104 shares of the company's stock worth $189,000 after buying an additional 5,600 shares in the last quarter. Finally, New York State Teachers Retirement System raised its stake in shares of Dream Finders Homes by 14.6% during the 1st quarter. New York State Teachers Retirement System now owns 9,438 shares of the company's stock worth $213,000 after buying an additional 1,200 shares in the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued a "neutral" rating and set a $26.00 target price on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $29.00.

Dream Finders Homes Stock Down 1.3%

Shares of DFH traded down $0.36 on Tuesday, reaching $27.43. The stock had a trading volume of 256,960 shares, compared to its average volume of 445,661. The firm has a market capitalization of $2.55 billion, a PE ratio of 8.96, a PEG ratio of 1.28 and a beta of 1.90. The firm has a 50-day moving average of $26.98 and a 200 day moving average of $24.20. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.08). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%.The business's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $0.83 earnings per share. On average, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 5,259 shares of the company's stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $28.09, for a total value of $147,725.31. Following the sale, the chief executive officer owned 1,946,898 shares in the company, valued at $54,688,364.82. This represents a 0.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders sold 63,041 shares of company stock valued at $1,724,320. Corporate insiders own 68.16% of the company's stock.

Dream Finders Homes Company Profile

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.