8,258 Shares in Dream Finders Homes, Inc. $DFH Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC acquired a new position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,258 shares of the company’s stock, valued at approximately $208,000.

Other institutional investors have also recently bought and sold shares of the company. Eukles Asset Management acquired a new position in Dream Finders Homes during the first quarter worth $34,000. Quarry LP purchased a new stake in shares of Dream Finders Homes in the first quarter valued at about $40,000. GAMMA Investing LLC raised its holdings in shares of Dream Finders Homes by 907.1% in the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock valued at $135,000 after purchasing an additional 5,370 shares during the last quarter. New York State Teachers Retirement System raised its holdings in shares of Dream Finders Homes by 14.6% in the first quarter. New York State Teachers Retirement System now owns 9,438 shares of the company’s stock valued at $213,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of Dream Finders Homes by 39.3% in the first quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock valued at $232,000 after purchasing an additional 2,898 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $28.86, for a total transaction of $333,823.62. Following the sale, the chief executive officer owned 1,927,772 shares in the company, valued at $55,635,499.92. This represents a 0.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 87,003 shares of company stock worth $2,403,305. 68.16% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Separately, Bank of America lowered their target price on shares of Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating for the company in a report on Friday, October 10th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Dream Finders Homes currently has a consensus rating of “Hold” and a consensus price target of $26.00.

Dream Finders Homes Stock Performance

Shares of NASDAQ DFH opened at $23.28 on Wednesday. The company has a market cap of $2.16 billion, a PE ratio of 7.61, a P/E/G ratio of 1.28 and a beta of 1.87. The business has a 50-day simple moving average of $27.00 and a two-hundred day simple moving average of $24.91. Dream Finders Homes, Inc. has a fifty-two week low of $19.65 and a fifty-two week high of $34.43.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.57 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%. The firm’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.83 earnings per share. On average, sell-side analysts predict that Dream Finders Homes, Inc. will post 3.31 earnings per share 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.