GAMMA Investing LLC Grows Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

GAMMA Investing LLC increased its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 907.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,962 shares of the company’s stock after purchasing an additional 5,370 shares during the period. GAMMA Investing LLC’s holdings in Dream Finders Homes were worth $135,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its stake in Dream Finders Homes by 68.8% during the 4th quarter. Bank of New York Mellon Corp now owns 210,926 shares of the company’s stock valued at $4,908,000 after acquiring an additional 85,957 shares during the period. US Bancorp DE increased its holdings in Dream Finders Homes by 7.4% in the 4th quarter. US Bancorp DE now owns 28,313 shares of the company’s stock worth $659,000 after acquiring an additional 1,952 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Dream Finders Homes by 4.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 237,520 shares of the company’s stock worth $5,527,000 after acquiring an additional 10,869 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Dream Finders Homes by 33.7% during the fourth quarter. Victory Capital Management Inc. now owns 33,849 shares of the company’s stock worth $788,000 after acquiring an additional 8,528 shares during the last quarter. Finally, M&T Bank Corp boosted its position in shares of Dream Finders Homes by 43.6% during the fourth quarter. M&T Bank Corp now owns 30,297 shares of the company’s stock worth $705,000 after acquiring an additional 9,206 shares during the last quarter. Institutional investors own 95.55% of the company’s stock.

Wall Street Analyst Weigh In

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

Dream Finders Homes Stock Performance

NASDAQ DFH opened at $26.48 on Friday. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 8.65, a price-to-earnings-growth ratio of 1.28 and a beta of 1.90. The company’s 50-day simple moving average is $22.97 and its two-hundred day simple moving average is $23.01. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data 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 quarter in the previous year, the company posted $0.55 earnings per share. The company’s revenue was up 19.6% compared to the same quarter last year. Equities analysts expect 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.