Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. decreased its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 75.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,518 shares of the company's stock after selling 20,108 shares during the quarter. Russell Investments Group Ltd.'s holdings in Dream Finders Homes were worth $152,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Hennessy Advisors Inc. grew its stake in shares of Dream Finders Homes by 6.8% in the 4th quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company's stock valued at $5,485,000 after buying an additional 15,100 shares in the last quarter. Geode Capital Management LLC raised its holdings in Dream Finders Homes by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 622,342 shares of the company's stock valued at $22,539,000 after acquiring an additional 39,130 shares in the last quarter. Barclays PLC grew its holdings in shares of Dream Finders Homes by 45.2% during the 3rd quarter. Barclays PLC now owns 92,402 shares of the company's stock worth $3,345,000 after purchasing an additional 28,764 shares in the last quarter. Wells Fargo & Company MN increased its position in shares of Dream Finders Homes by 50.7% during the fourth quarter. Wells Fargo & Company MN now owns 442,456 shares of the company's stock valued at $10,296,000 after purchasing an additional 148,789 shares during the period. Finally, Envestnet Asset Management Inc. raised its stake in shares of Dream Finders Homes by 48.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 185,005 shares of the company's stock valued at $4,305,000 after purchasing an additional 60,125 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm's stock in a transaction dated 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 directly owns 184,213 shares of the company's stock, valued at $4,511,376.37. This trade represents a 0.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 70.45% of the company's stock.

Dream Finders Homes Trading Up 0.9 %

DFH stock traded up $0.22 during mid-day trading on Thursday, hitting $22.88. 37,778 shares of the company were exchanged, compared to its average volume of 501,133. 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 simple moving average of $23.02 and a 200-day simple moving average of $25.72. The stock has a market capitalization of $2.14 billion, a PE ratio of 7.49, a price-to-earnings-growth ratio of 1.28 and a beta of 1.95.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.25. The firm had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.39 billion. 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 35.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.00 EPS. Equities research analysts expect that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Bank of America decreased their target price on shares of Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, January 27th.

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.