Fenimore Asset Management Inc Has $15.01 Million Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Fenimore Asset Management Inc increased its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 19.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 665,421 shares of the company's stock after buying an additional 107,840 shares during the quarter. Fenimore Asset Management Inc owned 0.71% of Dream Finders Homes worth $15,012,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. acquired a new stake in Dream Finders Homes during the 4th quarter worth $518,000. Barclays PLC raised its stake 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 valued at $3,345,000 after purchasing an additional 28,764 shares during the period. Deutsche Bank AG raised its stake in shares of Dream Finders Homes by 58.3% in the 4th quarter. Deutsche Bank AG now owns 25,159 shares of the company's stock valued at $585,000 after purchasing an additional 9,269 shares during the period. Wells Fargo & Company MN raised its stake 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 valued at $10,296,000 after purchasing an additional 148,789 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake 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 valued at $4,305,000 after purchasing an additional 60,125 shares during the period. Institutional investors and hedge funds own 95.55% of the company's stock.

Insiders Place Their Bets

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business's stock in a transaction that occurred 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 transaction, the chief financial officer now owns 184,213 shares of the company's stock, valued at $4,511,376.37. The trade was a 0.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 68.16% of the company's stock.

Dream Finders Homes Price Performance

Shares of NASDAQ DFH opened at $21.99 on Monday. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 7.19, a PEG ratio of 1.28 and a beta of 1.86. The business has a 50-day moving average of $22.01 and a 200-day moving average of $23.93. Dream Finders Homes, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly 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%. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.55 EPS. On average, sell-side analysts expect that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analyst Ratings Changes

Separately, Wedbush restated 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.

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