Comerica Bank Buys 1,310 Shares of Dream Finders Homes, Inc. $DFH

Comerica Bank boosted its stake in Dream Finders Homes, Inc. (NASDAQ:DFH) by 14.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,628 shares of the company’s stock after purchasing an additional 1,310 shares during the period. Comerica Bank’s holdings in Dream Finders Homes were worth $240,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Eukles Asset Management bought a new stake in Dream Finders Homes in the 1st quarter worth approximately $34,000. GAMMA Investing LLC grew its position in shares of Dream Finders Homes by 907.1% during the 1st quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock valued at $135,000 after acquiring an additional 5,370 shares during the period. State of Wyoming grew its position in shares of Dream Finders Homes by 223.6% during the 4th quarter. State of Wyoming now owns 8,104 shares of the company’s stock valued at $189,000 after acquiring an additional 5,600 shares during the period. New York State Teachers Retirement System grew its position in shares of Dream Finders Homes by 14.6% during the 1st quarter. New York State Teachers Retirement System now owns 9,438 shares of the company’s stock valued at $213,000 after acquiring an additional 1,200 shares during the period. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Dream Finders Homes by 16.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 10,785 shares of the company’s stock valued at $251,000 after acquiring an additional 1,546 shares during the period. Institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Price Performance

Shares of DFH stock opened at $29.70 on Wednesday. Dream Finders Homes, Inc. has a 1 year low of $19.65 and a 1 year high of $39.15. The firm has a fifty day moving average price of $27.43 and a 200-day moving average price of $24.47. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 9.71, a PEG ratio of 1.28 and a beta of 1.90.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data 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 in the prior year, the company posted $0.83 EPS. The business’s revenue was up 9.0% compared to the same quarter last year. Equities research analysts expect that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Insider Activity at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 11,567 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $28.86, for a total value of $333,823.62. Following the completion of the transaction, the chief executive officer owned 1,927,772 shares of the company’s stock, valued at approximately $55,635,499.92. This represents a 0.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 82,167 shares of company stock worth $2,268,057. 68.16% of the stock is owned by company insiders.

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.