Dream Finders Homes, Inc. (NASDAQ:DFH) is Arcus Capital Partners LLC's Largest Position

Arcus Capital Partners LLC reduced its stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 21.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,270,944 shares of the company's stock after selling 625,107 shares during the period. Dream Finders Homes comprises approximately 28.4% of Arcus Capital Partners LLC's investment portfolio, making the stock its largest position. Arcus Capital Partners LLC owned 2.44% of Dream Finders Homes worth $80,687,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. UBS Group AG boosted its position in Dream Finders Homes by 113.5% during the 2nd quarter. UBS Group AG now owns 2,500 shares of the company's stock worth $26,000 after buying an additional 1,329 shares during the period. Ameritas Investment Partners Inc. boosted its position in Dream Finders Homes by 27.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,001 shares of the company's stock worth $49,000 after buying an additional 429 shares during the period. Advisor Group Holdings Inc. boosted its position in Dream Finders Homes by 148.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 2,856 shares of the company's stock worth $49,000 after buying an additional 1,706 shares during the period. FMR LLC boosted its position in Dream Finders Homes by 192.4% during the 3rd quarter. FMR LLC now owns 2,310 shares of the company's stock worth $51,000 after buying an additional 1,520 shares during the period. Finally, Tower Research Capital LLC TRC boosted its position in Dream Finders Homes by 365.7% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,186 shares of the company's stock worth $76,000 after buying an additional 5,643 shares during the period. 95.55% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DFH shares. Bank of America lifted their target price on shares of Dream Finders Homes from $29.00 to $45.00 and gave the stock a "neutral" rating in a research report on Tuesday. TheStreet upgraded shares of Dream Finders Homes from a "c" rating to a "b" rating in a report on Friday, March 1st.

Dream Finders Homes Stock Up 1.9 %

Dream Finders Homes stock traded up $0.79 during mid-day trading on Friday, hitting $42.92. 571,065 shares of the stock were exchanged, compared to its average volume of 399,145. Dream Finders Homes, Inc. has a 12 month low of $12.78 and a 12 month high of $44.38. The firm's fifty day simple moving average is $36.98 and its two-hundred day simple moving average is $30.11. The stock has a market capitalization of $4.00 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 1.16 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its quarterly earnings data on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.29. The company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $898.68 million. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. Dream Finders Homes's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.78 EPS. As a group, analysts forecast that Dream Finders Homes, Inc. will post 3.45 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Patrick O. Zalupski sold 54,270 shares of Dream Finders Homes stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $42.05, for a total value of $2,282,053.50. Following the completion of the sale, the chief executive officer now owns 1,507,805 shares in the company, valued at approximately $63,403,200.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 54,270 shares of the business's stock in a transaction on Tuesday, March 26th. The shares were sold at an average price of $42.05, for a total transaction of $2,282,053.50. Following the completion of the sale, the chief executive officer now owns 1,507,805 shares in the company, valued at approximately $63,403,200.25. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Lorena Anabel Fernandez sold 924 shares of the business's stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $38.50, for a total transaction of $35,574.00. Following the sale, the chief financial officer now owns 139,172 shares of the company's stock, valued at approximately $5,358,122. The disclosure for this sale can be found here. Insiders sold 236,461 shares of company stock worth $8,767,155 in the last quarter. 74.13% of the stock is owned by corporate insiders.

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.