Nuveen Asset Management LLC Reduces Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Nuveen Asset Management LLC lessened its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH) by 4.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,220 shares of the company’s stock after selling 3,430 shares during the quarter. Nuveen Asset Management LLC owned 0.08% of Dream Finders Homes worth $1,797,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in DFH. Kayne Anderson Rudnick Investment Management LLC raised its position in shares of Dream Finders Homes by 11.0% during the 4th quarter. Kayne Anderson Rudnick Investment Management LLC now owns 6,009,774 shares of the company’s stock worth $139,847,000 after purchasing an additional 594,592 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Dream Finders Homes by 24.0% in the 4th quarter. Vanguard Group Inc. now owns 3,127,977 shares of the company’s stock valued at $72,788,000 after purchasing an additional 605,508 shares in the last quarter. Cooke & Bieler LP raised its stake in shares of Dream Finders Homes by 19.7% in the 4th quarter. Cooke & Bieler LP now owns 2,196,975 shares of the company’s stock valued at $51,124,000 after purchasing an additional 361,616 shares in the last quarter. Janus Henderson Group PLC lifted its holdings in Dream Finders Homes by 199.4% in the fourth quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company’s stock worth $48,053,000 after acquiring an additional 1,375,305 shares during the last quarter. Finally, Arcus Capital Partners LLC lifted its holdings in Dream Finders Homes by 21.1% in the fourth quarter. Arcus Capital Partners LLC now owns 2,061,341 shares of the company’s stock worth $47,967,000 after acquiring an additional 359,659 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 other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business’s stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the transaction, the chief financial officer now directly owns 184,213 shares in the company, valued at $4,511,376.37. The trade was a 0.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 68.16% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wedbush reiterated a “neutral” rating and set a $26.00 price objective on shares of Dream Finders Homes in a research note on Tuesday, May 6th.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $21.17 on Wednesday. The company has a 50 day moving average price of $22.03 and a 200 day moving average price of $24.08. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 6.92, a P/E/G ratio of 1.28 and a beta of 1.86. Dream Finders Homes, Inc. has a 52 week low of $19.65 and a 52 week high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last announced its earnings results on Tuesday, May 6th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.05). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.55 earnings per share. Equities analysts forecast that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

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.