Cooke & Bieler LP Has $49.16 Million Stock Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Cooke & Bieler LP decreased its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 0.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,179,090 shares of the company's stock after selling 17,885 shares during the quarter. Cooke & Bieler LP owned about 2.33% of Dream Finders Homes worth $49,160,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Dream Finders Homes by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,916 shares of the company's stock valued at $370,000 after purchasing an additional 578 shares in the last quarter. MetLife Investment Management LLC raised its stake in Dream Finders Homes by 5.8% during the fourth quarter. MetLife Investment Management LLC now owns 17,371 shares of the company's stock worth $404,000 after acquiring an additional 953 shares during the period. Alliancebernstein L.P. raised its stake in Dream Finders Homes by 4.7% during the fourth quarter. Alliancebernstein L.P. now owns 26,011 shares of the company's stock worth $605,000 after acquiring an additional 1,161 shares during the period. New York State Teachers Retirement System raised its stake in Dream Finders Homes by 14.6% during the first 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 period. Finally, Eukles Asset Management acquired a new stake in Dream Finders Homes during the first quarter worth about $34,000. Institutional investors and hedge funds own 95.55% of the company's stock.

Dream Finders Homes Trading Down 5.9%

DFH stock traded down $1.61 during midday trading on Friday, reaching $25.52. The company had a trading volume of 668,705 shares, compared to its average volume of 499,779. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15. The company has a market capitalization of $2.39 billion, a P/E ratio of 8.34, a PEG ratio of 1.28 and a beta of 1.90. The company has a 50 day moving average of $23.89 and a two-hundred day moving average of $23.26.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company's revenue for the quarter was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 EPS. On average, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 10,687 shares of the stock in a transaction dated Wednesday, July 9th. The shares were sold at an average price of $27.42, for a total value of $293,037.54. Following the completion of the sale, the chief executive officer owned 1,999,507 shares in the company, valued at approximately $54,826,481.94. This trade represents a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 68.16% of the company's stock.

Wall Street Analyst Weigh In

Separately, Wedbush reiterated a "neutral" rating and issued a $26.00 price objective 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.