Quantbot Technologies LP Acquires 8,808 Shares of Dream Finders Homes, Inc. $DFH

Key Points

• Quantbot Technologies LP has increased its holdings in Dream Finders Homes by 82.1%, owning 19,539 shares worth $441,000 as of its latest SEC filing.
• Insider trading activity includes CEO Patrick O. Zalupski selling 10,852 shares valued at approximately $301,794, resulting in a decrease of his holdings by 0.55%.
• Dream Finders Homes has a current average stock price target of $29.00, with a "Hold" rating from analysts, following a reported earnings miss of $0.57 EPS against expectations of $0.65 EPS.

Quantbot Technologies LP increased its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 82.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,539 shares of the company's stock after purchasing an additional 8,808 shares during the quarter. Quantbot Technologies LP's holdings in Dream Finders Homes were worth $441,000 as of its most recent filing with the Securities & Exchange Commission.

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

Insider Activity

In related news, CEO Patrick O. Zalupski sold 10,852 shares of the business's stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $27.81, for a total transaction of $301,794.12. Following the sale, the chief executive officer owned 1,957,843 shares of the company's stock, valued at $54,447,613.83. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 63,041 shares of company stock worth $1,724,320 in the last 90 days. 68.16% of the stock is owned by insiders.

Dream Finders Homes Stock Performance

Shares of NASDAQ DFH traded down $0.19 during midday trading on Friday, hitting $27.72. 232,433 shares of the company traded hands, compared to its average volume of 446,804. Dream Finders Homes, Inc. has a 12-month low of $19.65 and a 12-month high of $39.15. The stock has a 50-day moving average price of $26.86 and a 200 day moving average price of $24.10. The firm has a market cap of $2.58 billion, a P/E ratio of 9.06, a P/E/G ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.08). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. During the same quarter in the previous year, the firm posted $0.83 EPS. The firm's revenue was up 9.0% compared to the same quarter last year. As a group, equities analysts expect that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Wedbush reissued a "neutral" rating and issued a $26.00 price target on shares of Dream Finders Homes in a report on Tuesday, May 6th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $29.00.

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.