Epoch Investment Partners Inc. Purchases Shares of 49,724 Dream Finders Homes, Inc. $DFH

Epoch Investment Partners Inc. purchased a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 49,724 shares of the company’s stock, valued at approximately $1,250,000. Epoch Investment Partners Inc. owned approximately 0.05% of Dream Finders Homes at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Quarry LP purchased a new position in Dream Finders Homes during the first quarter worth about $40,000. Nisa Investment Advisors LLC boosted its position in shares of Dream Finders Homes by 164.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,792 shares of the company’s stock valued at $45,000 after acquiring an additional 1,114 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Dream Finders Homes by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after acquiring an additional 402 shares during the last quarter. AlphaQuest LLC purchased a new position in shares of Dream Finders Homes during the second quarter worth about $150,000. Finally, Police & Firemen s Retirement System of New Jersey increased its position in shares of Dream Finders Homes by 20.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 6,786 shares of the company’s stock worth $171,000 after purchasing an additional 1,144 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Insiders Place Their Bets

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 6,794 shares of the company’s stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $25.93, for a total transaction of $176,168.42. Following the completion of the sale, the chief executive officer directly owned 1,891,672 shares in the company, valued at $49,051,054.96. This represents a 0.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold 36,100 shares of company stock valued at $990,946 over the last ninety days. Insiders own 68.16% of the company’s stock.

Dream Finders Homes Stock Performance

Shares of DFH opened at $18.82 on Friday. Dream Finders Homes, Inc. has a fifty-two week low of $17.61 and a fifty-two week high of $31.82. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 6.15, a PEG ratio of 1.28 and a beta of 1.85. The firm has a 50 day moving average price of $21.37 and a 200-day moving average price of $24.35.

Wall Street Analyst Weigh In

Several brokerages have issued reports on DFH. BTIG Research began coverage on shares of Dream Finders Homes in a research report on Monday, December 1st. They set a “neutral” rating for the company. Bank of America dropped their price objective 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. Finally, Zelman & Associates upgraded shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $26.00.

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.