10,617 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Purchased by Crestline Management LP

Crestline Management LP acquired a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 10,617 shares of the company’s stock, valued at approximately $247,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DFH. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Dream Finders Homes by 11.0% in the fourth quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company’s stock valued at $139,847,000 after purchasing an additional 594,592 shares during the period. Vanguard Group Inc. grew 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 buying an additional 605,508 shares in the last quarter. Cooke & Bieler LP grew its holdings in Dream Finders Homes by 19.7% in the 4th 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 in the last quarter. Arcus Capital Partners LLC increased its position in Dream Finders Homes by 21.1% in 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 during the period. Finally, Dimensional Fund Advisors LP raised its stake in Dream Finders Homes by 30.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company’s stock valued at $15,935,000 after acquiring an additional 159,882 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the company’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 completion of the sale, the chief financial officer now directly owns 184,213 shares of the company’s stock, valued at approximately $4,511,376.37. This represents a 0.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 70.45% of the company’s stock.

Dream Finders Homes Stock Down 0.0%

DFH stock opened at $22.82 on Monday. The company has a market capitalization of $2.13 billion, a P/E ratio of 7.46, a PEG ratio of 1.28 and a beta of 1.95. The company has a 50-day simple moving average of $22.89 and a 200 day simple moving average of $25.09. Dream Finders Homes, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. Dream Finders Homes’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.55 earnings per share. Equities analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Wedbush reissued a “neutral” rating and issued a $26.00 price target on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Bank of America reduced their price objective on shares of 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.