Tower Research Capital LLC TRC Acquires 17,948 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Tower Research Capital LLC TRC increased its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 1,467.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,171 shares of the company's stock after purchasing an additional 17,948 shares during the quarter. Tower Research Capital LLC TRC's holdings in Dream Finders Homes were worth $446,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in DFH. First Horizon Advisors Inc. increased its holdings in Dream Finders Homes by 93.9% in the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company's stock worth $27,000 after purchasing an additional 568 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dream Finders Homes during the 3rd quarter worth approximately $63,000. KLP Kapitalforvaltning AS acquired a new stake in Dream Finders Homes in the fourth quarter worth $116,000. Oregon Public Employees Retirement Fund acquired a new stake in shares of Dream Finders Homes in the 4th quarter valued at about $149,000. Finally, Amalgamated Bank increased its holdings in shares of Dream Finders Homes by 872.9% during the fourth quarter. Amalgamated Bank now owns 8,017 shares of the company's stock valued at $187,000 after acquiring an additional 7,193 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Wall Street Analyst Weigh In

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 for the company in a research report on Monday, January 27th.

Dream Finders Homes Stock Performance

NASDAQ:DFH traded up $0.30 on Monday, hitting $23.04. The stock had a trading volume of 35,897 shares, compared to its average volume of 497,703. The firm's fifty day simple moving average is $23.00 and its two-hundred day simple moving average is $25.46. The stock has a market cap of $2.15 billion, a P/E ratio of 7.55, 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.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its earnings results on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.25. The company had revenue of $1.53 billion for the quarter, compared to analysts' expectations of $1.39 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The business's revenue for the quarter was up 35.2% compared to the same quarter last year. During the same period in the previous year, the business posted $1.00 EPS. Equities research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Activity

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes stock in a transaction dated 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 sale, the chief financial officer now owns 184,213 shares of the company's stock, valued at approximately $4,511,376.37. This trade represents a 0.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 70.45% of the company's stock.

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.