Charles Schwab Investment Management Inc. Acquires 10,869 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Charles Schwab Investment Management Inc. raised its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 4.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,520 shares of the company's stock after purchasing an additional 10,869 shares during the period. Charles Schwab Investment Management Inc. owned 0.25% of Dream Finders Homes worth $5,527,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Hennessy Advisors Inc. increased its position in Dream Finders Homes by 6.8% during the fourth quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company's stock worth $5,485,000 after buying an additional 15,100 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Dream Finders Homes by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 622,342 shares of the company's stock worth $22,539,000 after acquiring an additional 39,130 shares in the last quarter. Barclays PLC increased its holdings in shares of Dream Finders Homes by 45.2% during the 3rd quarter. Barclays PLC now owns 92,402 shares of the company's stock valued at $3,345,000 after acquiring an additional 28,764 shares during the last quarter. Natixis Advisors LLC raised its stake in shares of Dream Finders Homes by 85.2% in the 3rd quarter. Natixis Advisors LLC now owns 44,662 shares of the company's stock valued at $1,617,000 after acquiring an additional 20,551 shares in the last quarter. Finally, Amalgamated Bank lifted its holdings in Dream Finders Homes by 872.9% in the 4th quarter. Amalgamated Bank now owns 8,017 shares of the company's stock worth $187,000 after purchasing an additional 7,193 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors and hedge funds.

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Dream Finders Homes Stock Down 4.1 %

DFH stock traded down $0.97 during mid-day trading on Friday, reaching $22.69. 469,737 shares of the stock traded hands, compared to its average volume of 494,972. The firm has a market capitalization of $2.12 billion, a PE ratio of 7.42, a P/E/G ratio of 1.28 and a beta of 1.99. The business has a 50-day moving average of $23.47 and a two-hundred day moving average of $27.85. Dream Finders Homes, Inc. has a 52 week low of $20.54 and a 52 week high of $44.28.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last announced its earnings results on Tuesday, February 25th. The company reported $1.35 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.25. Dream Finders Homes had a net margin of 7.65% and a return on equity of 30.18%. The business had revenue of $1.53 billion for the quarter, compared to analyst estimates of $1.39 billion. During the same quarter in the previous year, the firm posted $1.00 earnings per share. Dream Finders Homes's revenue was up 35.2% compared to the same quarter last year. On average, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Bank of America lowered their price target on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating on the stock in a report on Monday, January 27th.

Insider Activity

In other news, CFO Lorena Anabel Ramsay sold 1,029 shares of the company's stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $24.49, for a total value of $25,200.21. Following the sale, the chief financial officer now owns 184,213 shares of the company's stock, valued at approximately $4,511,376.37. This represents a 0.56 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 70.45% of the stock is owned by company 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.