Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Bought by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 4.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 237,520 shares of the company’s stock after purchasing an additional 10,869 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Dream Finders Homes were worth $5,527,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DFH. Mark Sheptoff Financial Planning LLC purchased a new stake in shares of Dream Finders Homes in the third quarter valued at approximately $33,000. First Horizon Advisors Inc. grew its holdings in Dream Finders Homes by 93.9% in the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company’s stock valued at $27,000 after buying an additional 568 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dream Finders Homes in the 3rd quarter worth $63,000. FMR LLC raised its holdings in shares of Dream Finders Homes by 99.4% during the 3rd quarter. FMR LLC now owns 2,945 shares of the company’s stock worth $107,000 after acquiring an additional 1,468 shares during the period. Finally, Oregon Public Employees Retirement Fund purchased a new position in shares of Dream Finders Homes during the 4th quarter worth $149,000. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Stock Performance

NASDAQ:DFH opened at $24.24 on Wednesday. The stock has a market capitalization of $2.26 billion, a P/E ratio of 7.92, a PEG ratio of 1.28 and a beta of 1.99. Dream Finders Homes, Inc. has a fifty-two week low of $20.54 and a fifty-two week high of $44.38. The company has a 50 day moving average price of $23.51 and a 200 day moving average price of $27.99.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Tuesday, February 25th. The company reported $1.35 EPS for the quarter, topping the consensus estimate of $1.10 by $0.25. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The business had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion. During the same period last year, the business posted $1.00 earnings per share. The company’s quarterly revenue was up 35.2% on a year-over-year basis. Research analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Bank of America cut 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 research report on Monday, January 27th.

Insider Activity at Dream Finders Homes

In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total value of $25,200.21. Following the sale, the chief financial officer now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 70.45% of the stock is currently owned by company insiders.

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.