Arcus Capital Partners LLC Sells 398,536 Shares of Dream Finders Homes, Inc. $DFH

Arcus Capital Partners LLC lessened its position in Dream Finders Homes, Inc. (NYSE:DFH) by 45.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 475,282 shares of the company’s stock after selling 398,536 shares during the quarter. Dream Finders Homes comprises about 2.4% of Arcus Capital Partners LLC’s investment portfolio, making the stock its 10th biggest position. Arcus Capital Partners LLC’s holdings in Dream Finders Homes were worth $6,616,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new position in shares of Dream Finders Homes in the first quarter worth about $4,800,000. Millennium Management LLC increased its position in Dream Finders Homes by 200.1% in the 4th quarter. Millennium Management LLC now owns 382,170 shares of the company’s stock worth $6,535,000 after buying an additional 254,839 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Dream Finders Homes by 73.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 460,844 shares of the company’s stock worth $7,880,000 after buying an additional 195,742 shares during the last quarter. Invesco Ltd. boosted its position in shares of Dream Finders Homes by 50.0% in the fourth quarter. Invesco Ltd. now owns 447,880 shares of the company’s stock valued at $7,659,000 after acquiring an additional 149,231 shares during the period. Finally, SG Americas Securities LLC boosted its position in shares of Dream Finders Homes by 1,443.4% in the fourth quarter. SG Americas Securities LLC now owns 155,946 shares of the company’s stock valued at $2,667,000 after acquiring an additional 145,842 shares during the period. 95.55% of the stock is currently owned by institutional investors.

Dream Finders Homes Trading Down 3.9%

Shares of Dream Finders Homes stock opened at $15.88 on Friday. The firm’s 50-day moving average price is $15.22 and its two-hundred day moving average price is $16.30. Dream Finders Homes, Inc. has a 1-year low of $12.20 and a 1-year high of $31.50. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 9.23 and a beta of 1.85.

Dream Finders Homes (NYSE:DFH) last announced its earnings results on Thursday, April 30th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. The business had revenue of $887.84 million during the quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on DFH shares. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, May 13th. Wall Street Zen downgraded shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Dream Finders Homes has an average rating of “Hold” and a consensus target price of $26.00.

Dream Finders Homes Company Profile

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.