Dream Finders Homes, Inc. $DFH Shares Sold by Deutsche Bank AG

Deutsche Bank AG reduced its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 3.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,399 shares of the company’s stock after selling 760 shares during the period. Deutsche Bank AG’s holdings in Dream Finders Homes were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of Dream Finders Homes by 11.0% in 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 acquiring an additional 594,592 shares during the period. Janus Henderson Group PLC lifted its stake in Dream Finders Homes by 199.4% during the fourth quarter. Janus Henderson Group PLC now owns 2,064,990 shares of the company’s stock valued at $48,053,000 after purchasing an additional 1,375,305 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Dream Finders Homes by 30.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company’s stock valued at $15,935,000 after purchasing an additional 159,882 shares during the last quarter. Fenimore Asset Management Inc lifted its stake in Dream Finders Homes by 19.3% during the first quarter. Fenimore Asset Management Inc now owns 665,421 shares of the company’s stock valued at $15,012,000 after purchasing an additional 107,840 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in Dream Finders Homes by 12.9% during the fourth quarter. Northern Trust Corp now owns 298,256 shares of the company’s stock valued at $6,940,000 after purchasing an additional 34,043 shares during the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Patrick O. Zalupski sold 10,852 shares of the business’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $27.81, for a total transaction of $301,794.12. Following the sale, the chief executive officer owned 1,957,843 shares in the company, valued at $54,447,613.83. The trade was a 0.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 52,096 shares of company stock worth $1,413,179 in the last quarter. 68.16% of the stock is owned by insiders.

Dream Finders Homes Price Performance

DFH stock opened at $28.59 on Wednesday. Dream Finders Homes, Inc. has a 12 month low of $19.65 and a 12 month high of $39.15. The firm has a 50 day simple moving average of $26.52 and a 200 day simple moving average of $23.99. The firm has a market cap of $2.66 billion, a PE ratio of 9.34, a P/E/G ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.08). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. During the same quarter last year, the business posted $0.83 EPS. Dream Finders Homes’s revenue was up 9.0% compared to the same quarter last year. As a group, sell-side analysts expect that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Wedbush reissued a “neutral” rating and set a $26.00 target price on shares of Dream Finders Homes in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $29.00.

Dream Finders Homes Company 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.