Tower Research Capital LLC TRC Has $446,000 Position in 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 the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,171 shares of the company's stock after purchasing an additional 17,948 shares during the period. Tower Research Capital LLC TRC's holdings in Dream Finders Homes were worth $446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in DFH. Hennessy Advisors Inc. lifted its holdings in shares of Dream Finders Homes by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company's stock worth $5,485,000 after buying an additional 15,100 shares in the last quarter. Barclays PLC raised its stake in Dream Finders Homes by 45.2% in 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 boosted its holdings in Dream Finders Homes by 50.7% in the 4th 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. Envestnet Asset Management Inc. grew its position in shares of Dream Finders Homes by 48.1% during the 4th 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 in the last quarter. 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 worth $187,000 after purchasing an additional 7,193 shares during the period. 95.55% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the 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 transaction, the chief financial officer now directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 70.45% of the stock is owned by corporate insiders.

Dream Finders Homes Trading Up 3.1 %

DFH stock traded up $0.68 during mid-day trading on Friday, hitting $22.77. The stock had a trading volume of 261,599 shares, compared to its average volume of 501,631. The firm has a fifty day simple moving average of $23.00 and a 200 day simple moving average of $25.58. The firm has a market capitalization of $2.13 billion, a P/E ratio of 7.44, a P/E/G ratio of 1.28 and a beta of 1.95. 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 announced its quarterly earnings data on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, beating the consensus estimate of $1.10 by $0.25. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.39 billion. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The company's revenue was up 35.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.00 earnings per share. As a group, equities analysts expect that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

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.