Integrity Alliance LLC. bought a new stake in shares of Dream Finders Homes, Inc. (NYSE:DFH – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 43,528 shares of the company’s stock, valued at approximately $466,000.
Several other institutional investors also recently bought and sold shares of DFH. Pinnacle Wealth Planning Services Inc. lifted its position in shares of Dream Finders Homes by 193.1% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,101 shares of the company’s stock worth $33,000 after purchasing an additional 2,043 shares in the last quarter. Engineers Gate Manager LP acquired a new position in shares of Dream Finders Homes in the second quarter valued at approximately $667,000. Bank of New York Mellon Corp acquired a new position in shares of Dream Finders Homes in the second quarter valued at approximately $2,833,000. Handelsbanken Fonder AB grew its holdings in shares of Dream Finders Homes by 87.3% in the second quarter. Handelsbanken Fonder AB now owns 26,600 shares of the company’s stock valued at $459,000 after purchasing an additional 12,400 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in Dream Finders Homes by 37.5% during the 2nd quarter. GAMMA Investing LLC now owns 9,996 shares of the company’s stock worth $173,000 after buying an additional 2,728 shares during the period. 95.55% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
DFH has been the topic of a number of research reports. Weiss Ratings lowered shares of Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday. Wall Street Zen downgraded shares of Dream Finders Homes from a “sell” rating to a “strong sell” rating in a research note on Saturday. One analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Report on DFH
Insider Activity at Dream Finders Homes
In other Dream Finders Homes news, Director Richard Beckwitt acquired 70,000 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were acquired at an average price of $13.95 per share, for a total transaction of $976,500.00. Following the acquisition, the director owned 70,000 shares in the company, valued at $976,500. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders bought 104,000 shares of company stock valued at $1,438,285. Corporate insiders own 65.97% of the company’s stock.
Dream Finders Homes Trading Down 0.5%
Shares of DFH stock opened at $12.40 on Friday. The firm has a fifty day moving average price of $11.07 and a 200 day moving average price of $14.58. The company has a market cap of $1.13 billion, a P/E ratio of 12.92 and a beta of 2.02. Dream Finders Homes, Inc. has a 12 month low of $7.30 and a 12 month high of $21.55.
Dream Finders Homes (NYSE:DFH – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The company reported $0.22 earnings per share for the quarter. The company had revenue of $996.05 million for the quarter. Dream Finders Homes had a return on equity of 8.87% and a net margin of 2.56%.
Dream Finders Homes Profile
Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.
Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.
In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.
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