Invesco Ltd. increased its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 3.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 523,563 shares of the company's stock after acquiring an additional 15,660 shares during the period. Invesco Ltd. owned about 0.56% of Dream Finders Homes worth $11,812,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of DFH. New York State Teachers Retirement System boosted its position 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 valued at $213,000 after buying an additional 1,200 shares during the last quarter. M&T Bank Corp boosted its position in Dream Finders Homes by 10.9% in the 1st quarter. M&T Bank Corp now owns 33,603 shares of the company's stock valued at $758,000 after buying an additional 3,306 shares during the last quarter. GAMMA Investing LLC boosted 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 valued at $135,000 after buying an additional 5,370 shares during the last quarter. D. E. Shaw & Co. Inc. bought a new position in Dream Finders Homes in the 4th quarter valued at $518,000. Finally, Deutsche Bank AG boosted its position in 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 buying an additional 9,269 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 10,852 shares of the firm's stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $27.81, for a total transaction of $301,794.12. Following the completion of the sale, the chief executive officer directly owned 1,957,843 shares in the company, valued at $54,447,613.83. This trade represents a 0.55% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold a total of 52,096 shares of company stock worth $1,413,179 in the last three months. Company insiders own 68.16% of the company's stock.
Analysts Set New Price Targets
Separately, Wedbush reissued a "neutral" rating and issued a $26.00 price target on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $29.00.
Check Out Our Latest Analysis on Dream Finders Homes
Dream Finders Homes Price Performance
DFH stock traded down $0.22 during trading hours on Thursday, reaching $27.88. 70,475 shares of the stock were exchanged, compared to its average volume of 447,524. The firm's 50-day moving average is $26.64 and its 200-day moving average is $24.02. The company has a market cap of $2.59 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 1.28 and a beta of 1.90. 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 released its earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.65 by ($0.08). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%.The business's quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.83 EPS. As a group, equities research analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.
About Dream Finders Homes
(
Free Report)
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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