Price T Rowe Associates Inc. MD Raises Stock Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Price T Rowe Associates Inc. MD lifted its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 16.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,785 shares of the company’s stock after acquiring an additional 1,546 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in Dream Finders Homes were worth $251,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. First Horizon Advisors Inc. boosted its holdings in shares of Dream Finders Homes by 93.9% in the fourth quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company’s stock worth $27,000 after acquiring an additional 568 shares during the period. KLP Kapitalforvaltning AS bought a new position in shares of Dream Finders Homes in the fourth quarter worth $116,000. Oregon Public Employees Retirement Fund bought a new position in shares of Dream Finders Homes in the fourth quarter worth $149,000. State of Tennessee Department of Treasury bought a new position in shares of Dream Finders Homes in the fourth quarter worth $163,000. Finally, Amalgamated Bank boosted its holdings in shares of Dream Finders Homes by 872.9% in the fourth quarter. Amalgamated Bank now owns 8,017 shares of the company’s stock worth $187,000 after acquiring an additional 7,193 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

Dream Finders Homes Stock Performance

Shares of Dream Finders Homes stock opened at $23.63 on Friday. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The stock’s fifty day moving average is $22.71 and its 200 day moving average is $24.90. The stock has a market cap of $2.21 billion, a P/E ratio of 7.72, a P/E/G ratio of 1.28 and a beta of 1.95.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. During the same period in the previous year, the business posted $0.55 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis. Analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on DFH shares. Wedbush reiterated a “neutral” rating and issued a $26.00 price objective on shares of Dream Finders Homes in a report on Tuesday, May 6th. Bank of America cut their price objective on Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, January 27th.

Insider Buying and Selling at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total transaction of $25,200.21. Following the completion of the transaction, the chief financial officer now owns 184,213 shares in the company, valued at $4,511,376.37. The trade was a 0.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 70.45% of the company’s stock.

Dream Finders Homes 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.