Renaissance Technologies LLC Sells 37,043 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Renaissance Technologies LLC decreased its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 11.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 290,567 shares of the company’s stock after selling 37,043 shares during the quarter. Renaissance Technologies LLC owned about 0.31% of Dream Finders Homes worth $6,761,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of DFH. Vanguard Group Inc. raised its holdings in Dream Finders Homes by 24.0% in the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company’s stock worth $72,788,000 after purchasing an additional 605,508 shares in the last quarter. Cooke & Bieler LP lifted its holdings in Dream Finders Homes by 19.7% in the fourth quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company’s stock worth $51,124,000 after buying an additional 361,616 shares during the period. Arcus Capital Partners LLC boosted its position in Dream Finders Homes by 21.1% during the 4th quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock valued at $47,967,000 after acquiring an additional 359,659 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Dream Finders Homes by 210.7% during the 4th quarter. Invesco Ltd. now owns 507,903 shares of the company’s stock worth $11,819,000 after acquiring an additional 344,426 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of 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. 95.55% of the stock is owned by institutional investors and hedge funds.

Dream Finders Homes Trading Up 2.4 %

Shares of NASDAQ:DFH opened at $21.45 on Friday. Dream Finders Homes, Inc. has a 12-month low of $19.65 and a 12-month high of $39.15. The stock has a market capitalization of $2.00 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 1.28 and a beta of 1.95. The stock has a fifty day simple moving average of $22.94 and a two-hundred day simple moving average of $26.35.

Dream Finders Homes (NASDAQ:DFH) last issued its earnings results on Tuesday, February 25th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.25. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The business had revenue of $1.53 billion during the quarter, compared to analysts’ expectations of $1.39 billion. During the same period in the previous year, the company earned $1.00 earnings per share. The business’s revenue for the quarter was up 35.2% compared to the same quarter last year. As a group, equities research analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Buying and Selling at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the firm’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the sale, the chief financial officer now 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 70.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Bank of America decreased their price objective on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a 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.