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

De Lisle Partners LLP grew its stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 13.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 172,943 shares of the company's stock after purchasing an additional 20,000 shares during the quarter. Dream Finders Homes makes up approximately 1.0% of De Lisle Partners LLP's portfolio, making the stock its 23rd biggest position. De Lisle Partners LLP owned 0.19% of Dream Finders Homes worth $6,263,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cooke & Bieler LP raised its holdings in shares of 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 in the last quarter. Hennessy Advisors Inc. bought a new position in shares of Dream Finders Homes during the second quarter valued at approximately $5,058,000. Dimensional Fund Advisors LP raised its holdings in shares of Dream Finders Homes by 55.4% during 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 raised its holdings in shares of Dream Finders Homes by 57.9% during the second quarter. Renaissance Technologies LLC now owns 343,110 shares of the company's stock valued at $8,859,000 after acquiring an additional 125,800 shares in the last quarter. Finally, Bretton Capital Management LLC bought a new position in Dream Finders Homes in the third quarter worth $4,508,000. Hedge funds and other institutional investors own 95.55% of the company's stock.

Dream Finders Homes Trading Up 1.3 %

DFH traded up $0.44 during trading on Thursday, reaching $33.34. The stock had a trading volume of 287,435 shares, compared to its average volume of 458,494. The stock's 50 day moving average is $32.66 and its two-hundred day moving average is $30.27. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 10.90, a P/E/G ratio of 0.82 and a beta of 1.93. Dream Finders Homes, Inc. has a one year low of $23.46 and a one year high of $44.38.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.70 earnings per share 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 company had revenue of $986.26 million for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the business earned $0.75 earnings per share. Dream Finders Homes's revenue was up 10.4% compared to the same quarter last year. On average, equities research analysts predict that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current year.

Insider Activity

In related news, CEO Patrick O. Zalupski sold 16,987 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $33.09, for a total transaction of $562,099.83. Following the sale, the chief executive officer now directly owns 877,341 shares of the company's stock, valued at $29,031,213.69. This trade represents a 1.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director William Radford Lovett II sold 8,698 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $30.39, for a total value of $264,332.22. Following the sale, the director now directly owns 4,877,666 shares in the company, valued at $148,232,269.74. This trade represents a 0.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 289,692 shares of company stock worth $9,655,077 over the last three months. 70.45% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

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

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.