Davidson Kahn Capital Management LLC Boosts Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Davidson Kahn Capital Management LLC increased its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 75.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,586 shares of the company's stock after acquiring an additional 41,931 shares during the quarter. Dream Finders Homes comprises about 1.7% of Davidson Kahn Capital Management LLC's investment portfolio, making the stock its 23rd biggest holding. Davidson Kahn Capital Management LLC owned about 0.10% of Dream Finders Homes worth $2,202,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of DFH. First Horizon Advisors Inc. grew its position in Dream Finders Homes by 93.9% during the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company's stock valued at $27,000 after purchasing an additional 568 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new stake in Dream Finders Homes during the 4th quarter valued at about $116,000. GAMMA Investing LLC grew its position in Dream Finders Homes by 907.1% during the 1st quarter. GAMMA Investing LLC now owns 5,962 shares of the company's stock valued at $135,000 after purchasing an additional 5,370 shares during the last quarter. Oregon Public Employees Retirement Fund purchased a new stake in Dream Finders Homes during the 4th quarter valued at about $149,000. Finally, State of Tennessee Department of Treasury purchased a new stake in Dream Finders Homes during the 4th quarter valued at about $163,000. 95.55% of the stock is currently owned by institutional investors.

Dream Finders Homes Stock Up 3.4%

Shares of NASDAQ DFH traded up $0.84 during trading on Friday, reaching $25.33. 1,155,134 shares of the company traded hands, compared to its average volume of 503,991. The firm has a 50 day simple moving average of $22.56 and a 200-day simple moving average of $23.12. The stock has a market capitalization of $2.37 billion, a PE ratio of 8.28, a P/E/G ratio of 1.28 and a beta of 1.86. Dream Finders Homes, Inc. has a 52-week low of $19.65 and a 52-week high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share (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%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.55 earnings per share. As a group, research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analyst Ratings Changes

Separately, Wedbush reaffirmed a "neutral" rating and set a $26.00 price target on shares of Dream Finders Homes in a report on Tuesday, May 6th.

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.