De Lisle Partners LLP Increases Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

De Lisle Partners LLP lifted its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 13.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,943 shares of the company’s stock after purchasing an additional 20,000 shares during the period. Dream Finders Homes comprises approximately 1.0% of De Lisle Partners LLP’s investment portfolio, making the stock its 23rd largest holding. De Lisle Partners LLP’s holdings in Dream Finders Homes were worth $6,263,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Janus Henderson Group PLC grew its holdings in Dream Finders Homes by 3.3% during the first quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock valued at $992,000 after purchasing an additional 728 shares during the period. Victory Capital Management Inc. lifted its position in shares of Dream Finders Homes by 3.0% during the 3rd quarter. Victory Capital Management Inc. now owns 25,321 shares of the company’s stock valued at $917,000 after buying an additional 746 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Dream Finders Homes by 17.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock worth $304,000 after acquiring an additional 1,041 shares during the period. Simplicity Wealth LLC increased its holdings in Dream Finders Homes by 6.2% in the 2nd quarter. Simplicity Wealth LLC now owns 21,565 shares of the company’s stock worth $557,000 after acquiring an additional 1,259 shares during the last quarter. Finally, Versor Investments LP raised its stake in Dream Finders Homes by 13.0% in the 2nd quarter. Versor Investments LP now owns 11,800 shares of the company’s stock valued at $305,000 after acquiring an additional 1,354 shares during the period. 95.55% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Bank of America lifted their target price on shares of Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a research note on Thursday, September 19th.

Dream Finders Homes Stock Up 1.3 %

DFH stock opened at $33.34 on Thursday. The stock has a 50-day simple moving average of $32.74 and a two-hundred day simple moving average of $30.25. Dream Finders Homes, Inc. has a twelve month low of $23.46 and a twelve month high of $44.38. The firm has a market capitalization of $3.12 billion, a PE ratio of 10.90, a PEG ratio of 0.82 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.14). Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The firm had revenue of $986.26 million for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the firm posted $0.75 EPS. Dream Finders Homes’s revenue was up 10.4% on a year-over-year basis. On average, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Insider Buying and Selling

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 33,018 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $36.58, for a total value of $1,207,798.44. Following the completion of the transaction, the chief executive officer now owns 931,121 shares of the company’s stock, valued at $34,060,406.18. The trade was a 3.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William Radford Lovett II sold 8,698 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $30.39, for a total transaction of $264,332.22. Following the sale, the director now owns 4,877,666 shares in the company, valued at approximately $148,232,269.74. This trade represents a 0.18 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 289,692 shares of company stock worth $9,655,077. Corporate insiders own 70.45% of the company’s stock.

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.