Hennessy Advisors Inc. Has $4.77 Million Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Hennessy Advisors Inc. decreased its stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 10.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 211,500 shares of the company's stock after selling 24,200 shares during the period. Hennessy Advisors Inc. owned 0.23% of Dream Finders Homes worth $4,771,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. D. E. Shaw & Co. Inc. acquired a new position in Dream Finders Homes during the 4th quarter valued at about $518,000. Deutsche Bank AG increased 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 acquiring an additional 9,269 shares during the last quarter. Wells Fargo & Company MN increased 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 acquiring an additional 148,789 shares during the last quarter. Envestnet Asset Management Inc. increased 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 acquiring an additional 60,125 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Dream Finders Homes by 30.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company's stock valued at $15,935,000 after acquiring an additional 159,882 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Analyst Ratings Changes

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

Dream Finders Homes Trading Down 3.6%

Shares of DFH stock traded down $0.85 on Friday, reaching $22.70. The company had a trading volume of 503,913 shares, compared to its average volume of 497,865. The stock has a market cap of $2.12 billion, a PE ratio of 7.42, a PEG ratio of 1.28 and a beta of 1.86. The company has a 50-day moving average of $22.16 and a 200-day moving average of $23.65. Dream Finders Homes, Inc. has a 12 month low of $19.65 and a 12 month high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate 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 company's revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.55 EPS. Sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Dream Finders Homes 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.