Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Acquired by First Trust Advisors LP

First Trust Advisors LP lifted its position in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 28.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,680 shares of the company's stock after purchasing an additional 15,008 shares during the quarter. First Trust Advisors LP owned approximately 0.07% of Dream Finders Homes worth $1,598,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Hennessy Advisors Inc. lifted its position in Dream Finders Homes by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company's stock worth $5,485,000 after acquiring an additional 15,100 shares during the period. Barclays PLC increased its holdings 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 in the last quarter. Wells Fargo & Company MN raised its holdings in Dream Finders Homes by 50.7% during the fourth quarter. Wells Fargo & Company MN now owns 442,456 shares of the company's stock worth $10,296,000 after purchasing an additional 148,789 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Dream Finders Homes by 48.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 185,005 shares of the company's stock worth $4,305,000 after purchasing an additional 60,125 shares during the last quarter. Finally, Amalgamated Bank raised its holdings in Dream Finders Homes by 872.9% during the fourth quarter. Amalgamated Bank now owns 8,017 shares of the company's stock worth $187,000 after purchasing an additional 7,193 shares during the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the transaction, the chief financial officer now owns 184,213 shares in the company, valued at approximately $4,511,376.37. This trade represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 70.45% of the stock is owned by company insiders.

Dream Finders Homes Stock Up 3.2%

Shares of NASDAQ:DFH traded up $0.74 during midday trading on Monday, reaching $23.53. The company's stock had a trading volume of 38,516 shares, compared to its average volume of 496,600. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 7.78, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15. The business has a 50 day moving average price of $22.89 and a 200 day moving average price of $25.09.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings data 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 net margin of 7.65% and a return on equity of 30.18%. Dream Finders Homes's revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.55 earnings per share. Sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DFH has been the subject of several research reports. Wedbush reaffirmed a "neutral" rating and set a $26.00 price objective on shares of Dream Finders Homes in a report on Tuesday, May 6th. Bank of America reduced their price objective on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a report on Monday, January 27th.

About Dream Finders Homes

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.