Barclays PLC Purchases 28,764 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Barclays PLC grew its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 45.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 92,402 shares of the company's stock after acquiring an additional 28,764 shares during the period. Barclays PLC owned 0.10% of Dream Finders Homes worth $3,345,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of DFH. Janus Henderson Group PLC lifted its stake in shares of Dream Finders Homes by 2,502.1% during the 3rd quarter. Janus Henderson Group PLC now owns 689,685 shares of the company's stock valued at $24,974,000 after buying an additional 663,180 shares in the last quarter. Cooke & Bieler LP raised its holdings in Dream Finders Homes by 17.5% during the second quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company's stock valued at $48,182,000 after acquiring an additional 277,499 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Dream Finders Homes by 55.4% in the second quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company's stock valued at $10,859,000 after acquiring an additional 150,026 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Dream Finders Homes by 57.9% in the second quarter. Renaissance Technologies LLC now owns 343,110 shares of the company's stock worth $8,859,000 after acquiring an additional 125,800 shares during the period. Finally, Bretton Capital Management LLC purchased a new stake in shares of Dream Finders Homes during the third quarter worth about $4,508,000. Hedge funds and other institutional investors own 95.55% of the company's stock.

Dream Finders Homes Stock Performance

Shares of DFH traded up $0.05 during midday trading on Tuesday, hitting $23.95. 288,342 shares of the company traded hands, compared to its average volume of 479,932. Dream Finders Homes, Inc. has a 52 week low of $22.95 and a 52 week high of $44.38. The firm has a 50 day moving average of $30.69 and a 200-day moving average of $30.40. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 0.72 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $1.07 billion. During the same period in the previous year, the company posted $0.75 earnings per share. Dream Finders Homes's quarterly revenue was up 10.4% on a year-over-year basis. Sell-side analysts predict that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Insider Activity at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 59,106 shares of Dream Finders Homes stock in a transaction that occurred on Tuesday, October 22nd. The stock was sold at an average price of $31.42, for a total value of $1,857,110.52. Following the completion of the transaction, the chief executive officer now owns 801,105 shares in the company, valued at approximately $25,170,719.10. The trade was a 6.87 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Radford Lovett II sold 9,869 shares of the business's stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $34.84, for a total value of $343,835.96. Following the transaction, the director now directly owns 4,694,252 shares in the company, valued at approximately $163,547,739.68. This represents a 0.21 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 164,706 shares of company stock valued at $5,210,406. 70.45% of the stock is owned by corporate insiders.

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.