Janus Henderson Group PLC Buys 1,375,305 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Janus Henderson Group PLC increased its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 199.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,064,990 shares of the company's stock after acquiring an additional 1,375,305 shares during the quarter. Janus Henderson Group PLC owned about 2.21% of Dream Finders Homes worth $48,053,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC raised its stake in Dream Finders Homes by 11.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company's stock worth $139,847,000 after buying an additional 594,592 shares in the last quarter. Vanguard Group Inc. boosted its position in Dream Finders Homes by 24.0% during the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company's stock valued at $72,788,000 after acquiring an additional 605,508 shares in the last quarter. Cooke & Bieler LP grew its holdings in shares of Dream Finders Homes by 19.7% during the 4th quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company's stock worth $51,124,000 after acquiring an additional 361,616 shares during the period. Arcus Capital Partners LLC raised its position in shares of Dream Finders Homes by 21.1% in the 4th quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company's stock worth $47,967,000 after acquiring an additional 359,659 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted 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 purchasing an additional 159,882 shares during the period. Institutional investors own 95.55% of the company's stock.

Dream Finders Homes Stock Performance

Shares of DFH traded down $0.04 during mid-day trading on Monday, reaching $23.60. The company had a trading volume of 45,723 shares, compared to its average volume of 492,762. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 7.65, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95. The firm has a 50-day moving average price of $22.71 and a 200 day moving average price of $24.82. Dream Finders Homes, Inc. has a 52 week low of $19.65 and a 52 week high of $39.15.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.54 EPS 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%. During the same period in the prior year, the company earned $0.55 earnings per share. The firm's revenue was up 19.6% on a year-over-year basis. As a group, research analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DFH has been the topic of several recent research reports. 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. Bank of America decreased their price target on shares of Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, January 27th.

Insider Activity at Dream Finders Homes

In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total value of $25,200.21. Following the completion of the transaction, the chief financial officer now owns 184,213 shares in the company, valued at $4,511,376.37. The trade was a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 70.45% of the stock is currently owned by insiders.

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.