DHK Financial Advisors Inc. Acquires Shares of 17,780 Dream Finders Homes, Inc. (NASDAQ:DFH)

DHK Financial Advisors Inc. bought a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 17,780 shares of the company’s stock, valued at approximately $401,000.

Other institutional investors have also recently made changes to their positions in the company. First Horizon Advisors Inc. lifted its position in shares of Dream Finders Homes by 93.9% during the fourth quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company’s stock worth $27,000 after purchasing an additional 568 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Dream Finders Homes by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,916 shares of the company’s stock valued at $370,000 after buying an additional 578 shares in the last quarter. MetLife Investment Management LLC boosted its position in Dream Finders Homes by 5.8% in the 4th quarter. MetLife Investment Management LLC now owns 17,371 shares of the company’s stock valued at $404,000 after buying an additional 953 shares during the period. Alliancebernstein L.P. increased its position in shares of Dream Finders Homes by 4.7% during the fourth quarter. Alliancebernstein L.P. now owns 26,011 shares of the company’s stock worth $605,000 after acquiring an additional 1,161 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in shares of Dream Finders Homes by 16.7% during the fourth 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 in the last quarter. Institutional investors own 95.55% of the company’s stock.

Analyst Ratings Changes

Separately, Wedbush reissued a “neutral” rating and issued a $26.00 price objective on shares of Dream Finders Homes in a research note on Tuesday, May 6th.

Dream Finders Homes Trading Down 1.9%

Shares of NASDAQ DFH opened at $21.99 on Friday. Dream Finders Homes, Inc. has a 12-month low of $19.65 and a 12-month high of $39.15. The stock’s fifty day simple moving average is $22.01 and its two-hundred day simple moving average is $24.00. The stock has a market capitalization of $2.06 billion, a PE ratio of 7.19, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.05). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. Dream Finders Homes’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.55 EPS. On average, equities analysts predict that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current fiscal year.

Insider Transactions at Dream Finders Homes

In related news, CFO Lorena Anabel Ramsay sold 1,029 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total transaction of $25,200.21. Following the transaction, the chief financial officer now directly owns 184,213 shares of the company’s stock, valued at $4,511,376.37. This represents a 0.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 68.16% of the company’s stock.

Dream Finders Homes Company 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.