Dream Finders Homes, Inc. (NASDAQ:DFH) Holdings Boosted by Victory Capital Management Inc.

Victory Capital Management Inc. boosted its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH) by 33.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,849 shares of the company’s stock after acquiring an additional 8,528 shares during the period. Victory Capital Management Inc.’s holdings in Dream Finders Homes were worth $788,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Arcus Capital Partners LLC raised its holdings in shares of Dream Finders Homes by 21.1% during the fourth quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock valued at $47,967,000 after buying an additional 359,659 shares during the last quarter. Janus Henderson Group PLC raised its holdings in shares of Dream Finders Homes by 2,502.1% during the third quarter. Janus Henderson Group PLC now owns 689,685 shares of the company’s stock valued at $24,974,000 after buying an additional 663,180 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Dream Finders Homes by 6.7% during the third quarter. Geode Capital Management LLC now owns 622,342 shares of the company’s stock valued at $22,539,000 after buying an additional 39,130 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Dream Finders Homes by 4.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 237,520 shares of the company’s stock valued at $5,527,000 after buying an additional 10,869 shares during the last quarter. Finally, Hennessy Advisors Inc. raised 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 valued at $5,485,000 after buying an additional 15,100 shares during the last quarter. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

NASDAQ DFH opened at $24.77 on Friday. Dream Finders Homes, Inc. has a 12 month low of $20.54 and a 12 month high of $44.38. The firm has a market capitalization of $2.31 billion, a PE ratio of 8.09, a P/E/G ratio of 1.28 and a beta of 1.99. The company’s 50 day simple moving average is $23.41 and its 200 day simple moving average is $28.18.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter last year, the business earned $1.00 earnings per share. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. Sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Bank of America cut their price target on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating on the stock in a report on Monday, January 27th.

Insider Activity at Dream Finders Homes

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of Dream Finders Homes 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 transaction, the chief financial officer now owns 184,213 shares in the company, valued at approximately $4,511,376.37. The trade was a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 70.45% of the company’s stock.

Dream Finders Homes Company 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.