Integrity Alliance LLC. bought a new stake in Dream Finders Homes, Inc. (NYSE:DFH – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 43,528 shares of the company’s stock, valued at approximately $466,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of DFH. Pinnacle Wealth Planning Services Inc. lifted its position in Dream Finders Homes by 193.1% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 3,101 shares of the company’s stock valued at $33,000 after acquiring an additional 2,043 shares during the last quarter. State of Wyoming purchased a new position in shares of Dream Finders Homes during the first quarter worth about $54,000. Versant Capital Management Inc grew its holdings in shares of Dream Finders Homes by 59.4% during the second quarter. Versant Capital Management Inc now owns 5,135 shares of the company’s stock worth $89,000 after purchasing an additional 1,913 shares during the last quarter. Fifth Third Bancorp increased its position in shares of Dream Finders Homes by 1,878.0% during the first quarter. Fifth Third Bancorp now owns 9,534 shares of the company’s stock worth $133,000 after purchasing an additional 9,052 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Dream Finders Homes in the 1st quarter valued at about $150,000. 95.55% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Dream Finders Homes
In other news, Director Richard Beckwitt acquired 70,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The shares were bought at an average cost of $13.95 per share, with a total value of $976,500.00. Following the purchase, the director owned 70,000 shares of the company’s stock, valued at $976,500. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have acquired 104,000 shares of company stock valued at $1,438,285. Insiders own 65.97% of the company’s stock.
Dream Finders Homes Trading Down 0.5%
NYSE:DFH opened at $12.40 on Friday. Dream Finders Homes, Inc. has a 12-month low of $7.30 and a 12-month high of $21.55. The stock’s 50 day simple moving average is $11.07 and its 200-day simple moving average is $14.58. The firm has a market cap of $1.13 billion, a P/E ratio of 12.92 and a beta of 2.02.
Dream Finders Homes (NYSE:DFH – Get Free Report) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.22 earnings per share for the quarter. Dream Finders Homes had a return on equity of 8.87% and a net margin of 2.56%. The firm had revenue of $996.05 million during the quarter.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on DFH. Wall Street Zen cut Dream Finders Homes from a “sell” rating to a “strong sell” rating in a research report on Saturday. Weiss Ratings lowered Dream Finders Homes from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Dream Finders Homes currently has an average rating of “Hold”.
Get Our Latest Stock Report on DFH
About Dream Finders Homes
Dream Finders Homes, Inc is a residential homebuilder that designs, constructs and sells single-family homes. The company serves primarily first-time, move-up and luxury homebuyers, offering homes in a range of floor plans, sizes and price points. Its activities include land acquisition and development, home construction, sales and customer service.
Founded in 2008 by Patrick Zalupski, Dream Finders Homes is headquartered in Jacksonville, Florida. The company operates in selected markets across the Southeast, Mid-Atlantic, Texas and Colorado through the Dream Finders Homes brand and regional homebuilding operations, including affiliated brands such as Coventry Homes and Crescent Homes.
In addition to homebuilding, the company provides related services intended to support the purchase process, including mortgage lending and title and closing services through affiliated businesses.
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