Raymond James & Associates Takes $788,000 Position in Dream Finders Homes, Inc. (NASDAQ:DFH)

Raymond James & Associates bought a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 22,180 shares of the company’s stock, valued at approximately $788,000.

A number of other large investors have also modified their holdings of the business. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Dream Finders Homes by 51.7% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company’s stock worth $84,000 after buying an additional 1,295 shares in the last quarter. Baker Tilly Wealth Management LLC boosted its position in shares of Dream Finders Homes by 15.4% during the 4th quarter. Baker Tilly Wealth Management LLC now owns 12,128 shares of the company’s stock valued at $431,000 after acquiring an additional 1,615 shares during the last quarter. Capula Management Ltd boosted its position in shares of Dream Finders Homes by 7.2% during the 3rd quarter. Capula Management Ltd now owns 41,780 shares of the company’s stock valued at $929,000 after acquiring an additional 2,820 shares during the last quarter. New York State Common Retirement Fund grew its holdings in shares of Dream Finders Homes by 21.0% in the third quarter. New York State Common Retirement Fund now owns 29,842 shares of the company’s stock valued at $663,000 after purchasing an additional 5,171 shares during the period. Finally, Acadian Asset Management LLC increased its position in Dream Finders Homes by 64.9% during the third quarter. Acadian Asset Management LLC now owns 13,703 shares of the company’s stock worth $303,000 after purchasing an additional 5,394 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 30,433 shares of the business’s stock in a transaction on Thursday, April 18th. The stock was sold at an average price of $34.81, for a total value of $1,059,372.73. Following the sale, the chief executive officer now owns 1,357,978 shares in the company, valued at approximately $47,271,214.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CEO Patrick O. Zalupski sold 30,433 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $34.81, for a total value of $1,059,372.73. Following the completion of the transaction, the chief executive officer now owns 1,357,978 shares of the company’s stock, valued at $47,271,214.18. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Patrick O. Zalupski sold 27,478 shares of the company’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $30.91, for a total transaction of $849,344.98. Following the sale, the chief executive officer now directly owns 1,660,407 shares in the company, valued at $51,323,180.37. The disclosure for this sale can be found here. Insiders sold a total of 277,812 shares of company stock worth $10,552,415 over the last ninety days. Company insiders own 74.13% of the company’s stock.

Analysts Set New Price Targets

DFH has been the subject of several analyst reports. TheStreet raised shares of Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st. Bank of America increased their price objective on Dream Finders Homes from $29.00 to $45.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 2nd.

Dream Finders Homes Price Performance

NASDAQ DFH opened at $36.47 on Wednesday. Dream Finders Homes, Inc. has a 12 month low of $14.59 and a 12 month high of $44.38. The stock has a market capitalization of $3.40 billion, a P/E ratio of 12.80, a PEG ratio of 0.91 and a beta of 1.99. The firm’s 50-day moving average is $37.99 and its two-hundred day moving average is $31.46.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Thursday, February 29th. The company reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.71 by $0.29. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $898.68 million. During the same quarter last year, the company posted $0.78 EPS. The firm’s quarterly revenue was up 3.5% on a year-over-year basis. As a group, analysts anticipate that Dream Finders Homes, Inc. will post 3.45 EPS for the current year.

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.