BNP Paribas Financial Markets Acquires New Position in Dream Finders Homes, Inc. (NASDAQ:DFH)

BNP Paribas Financial Markets bought a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,888 shares of the company’s stock, valued at approximately $370,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Barclays PLC lifted its stake in shares of Dream Finders Homes by 45.2% during the 3rd quarter. Barclays PLC now owns 92,402 shares of the company’s stock worth $3,345,000 after purchasing an additional 28,764 shares during the period. SG Americas Securities LLC increased its stake in Dream Finders Homes by 88.6% in the fourth quarter. SG Americas Securities LLC now owns 9,185 shares of the company’s stock valued at $214,000 after purchasing an additional 4,315 shares during the last quarter. Janney Montgomery Scott LLC purchased a new position in Dream Finders Homes during the fourth quarter worth about $215,000. Cornerstone Wealth Group LLC acquired a new stake in Dream Finders Homes in the 4th quarter worth about $233,000. Finally, Precision Wealth Strategies LLC boosted its stake in Dream Finders Homes by 13.4% in the 4th quarter. Precision Wealth Strategies LLC now owns 12,127 shares of the company’s stock worth $282,000 after buying an additional 1,429 shares during the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Dream Finders Homes

In other 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 transaction of $25,200.21. Following the sale, the chief financial officer now owns 184,213 shares in the company, valued at $4,511,376.37. This trade represents a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 68.16% of the company’s stock.

Dream Finders Homes Trading Up 0.9%

Shares of Dream Finders Homes stock opened at $21.01 on Monday. The business’s fifty day moving average price is $22.48 and its 200 day moving average price is $24.48. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15. The stock has a market capitalization of $1.97 billion, a P/E ratio of 6.86, a PEG ratio of 1.28 and a beta of 1.95.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 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 company earned $0.55 earnings per share. The business’s revenue for the quarter was up 19.6% compared to the same quarter last year. As a group, sell-side analysts predict that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on DFH shares. Wedbush reaffirmed a “neutral” rating and set a $26.00 price objective on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Bank of America dropped their price target 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.

About Dream Finders Homes

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.