Charles Schwab Investment Management Inc. Purchases 16,902 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Charles Schwab Investment Management Inc. grew its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFHFree Report) by 9.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 194,969 shares of the company’s stock after buying an additional 16,902 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.21% of Dream Finders Homes worth $6,927,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Avalon Trust Co acquired a new stake in shares of Dream Finders Homes in the fourth quarter valued at $48,000. Victory Capital Management Inc. acquired a new stake in Dream Finders Homes in the 4th quarter valued at about $398,000. Alliance Wealth Advisors LLC UT acquired a new position in shares of Dream Finders Homes during the fourth quarter worth approximately $313,000. Russell Investments Group Ltd. grew its stake in shares of Dream Finders Homes by 117,818.2% during the fourth quarter. Russell Investments Group Ltd. now owns 12,971 shares of the company’s stock valued at $461,000 after purchasing an additional 12,960 shares during the last quarter. Finally, Truist Financial Corp acquired a new stake in shares of Dream Finders Homes in the fourth quarter valued at approximately $606,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Dream Finders Homes Stock Up 0.4 %

Shares of Dream Finders Homes stock opened at $28.41 on Monday. The business has a fifty day simple moving average of $34.64 and a 200 day simple moving average of $33.41. The stock has a market cap of $2.65 billion, a PE ratio of 9.63, a price-to-earnings-growth ratio of 0.59 and a beta of 2.05. Dream Finders Homes, Inc. has a 12 month low of $17.62 and a 12 month high of $44.38.

Dream Finders Homes (NASDAQ:DFHGet Free Report) last posted its earnings results on Thursday, May 2nd. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.11). The company had revenue of $827.80 million for the quarter, compared to analyst estimates of $886.34 million. Dream Finders Homes had a return on equity of 34.31% and a net margin of 7.91%. Dream Finders Homes’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. Analysts expect that Dream Finders Homes, Inc. will post 3.21 EPS for the current fiscal year.

Insider Buying and Selling at Dream Finders Homes

In other news, CFO Lorena Anabel Fernandez sold 924 shares of the business’s stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $38.50, for a total value of $35,574.00. Following the completion of the transaction, the chief financial officer now owns 139,172 shares of the company’s stock, valued at approximately $5,358,122. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other news, CFO Lorena Anabel Fernandez sold 924 shares of the firm’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $38.50, for a total transaction of $35,574.00. Following the sale, the chief financial officer now owns 139,172 shares of the company’s stock, valued at $5,358,122. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Patrick O. Zalupski sold 23,479 shares of Dream Finders Homes stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $30.27, for a total value of $710,709.33. Following the transaction, the chief executive officer now owns 1,300,973 shares in the company, valued at approximately $39,380,452.71. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 249,413 shares of company stock valued at $9,642,984. Corporate insiders own 70.45% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Zelman & Associates raised Dream Finders Homes from a “neutral” rating to an “outperform” rating and set a $34.50 price objective on the stock in a report on Monday, May 13th. Bank of America raised their price target on Dream Finders Homes from $29.00 to $45.00 and gave the company a “neutral” rating in a report on Tuesday, April 2nd. TheStreet raised Dream Finders Homes from a “c” rating to a “b” rating in a report on Friday, March 1st. Finally, Wedbush reiterated a “neutral” rating and set a $24.00 price target on shares of Dream Finders Homes in a research report on Thursday, May 2nd.

View Our Latest Stock Report on DFH

Dream Finders Homes Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dream Finders Homes (NASDAQ:DFH)

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