Russell Investments Group Ltd. Has $76,000 Stock Position in Dream Finders Homes, Inc. $DFH

Russell Investments Group Ltd. decreased its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 48.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,375 shares of the company’s stock after selling 3,143 shares during the period. Russell Investments Group Ltd.’s holdings in Dream Finders Homes were worth $76,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC grew its stake in shares of Dream Finders Homes by 11.0% in the fourth 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 last quarter. Janus Henderson Group PLC grew its stake in shares of 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. Dimensional Fund Advisors LP grew its stake in shares of Dream Finders Homes by 30.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 684,855 shares of the company’s stock worth $15,935,000 after acquiring an additional 159,882 shares during the last quarter. Fenimore Asset Management Inc grew its stake in shares of Dream Finders Homes by 19.3% in the first quarter. Fenimore Asset Management Inc now owns 665,421 shares of the company’s stock worth $15,012,000 after acquiring an additional 107,840 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in Dream Finders Homes by 3.1% during the first quarter. Invesco Ltd. now owns 523,563 shares of the company’s stock worth $11,812,000 after buying an additional 15,660 shares in the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insiders Place Their Bets

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 5,259 shares of Dream Finders Homes stock in a transaction on Wednesday, August 27th. The shares were sold at an average price of $28.09, for a total transaction of $147,725.31. Following the sale, the chief executive officer owned 1,946,898 shares in the company, valued at $54,688,364.82. The trade was a 0.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold a total of 63,041 shares of company stock worth $1,724,320 in the last 90 days. 68.16% of the stock is owned by insiders.

Dream Finders Homes Price Performance

DFH opened at $27.79 on Thursday. Dream Finders Homes, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $39.15. The firm’s fifty day moving average price is $27.06 and its two-hundred day moving average price is $24.22. The company has a market capitalization of $2.58 billion, a P/E ratio of 9.08, a P/E/G ratio of 1.28 and a beta of 1.90.

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

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.