Wasatch Advisors LP Has $8.71 Million Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Wasatch Advisors LP lowered its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 16.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 240,448 shares of the company's stock after selling 47,567 shares during the period. Wasatch Advisors LP owned approximately 0.26% of Dream Finders Homes worth $8,707,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in DFH. PDT Partners LLC acquired a new position in shares of Dream Finders Homes in the third quarter worth about $413,000. De Lisle Partners LLP increased its holdings in Dream Finders Homes by 13.1% during the 3rd quarter. De Lisle Partners LLP now owns 172,943 shares of the company's stock worth $6,263,000 after purchasing an additional 20,000 shares during the last quarter. FMR LLC raised its position in shares of Dream Finders Homes by 99.4% in the 3rd quarter. FMR LLC now owns 2,945 shares of the company's stock valued at $107,000 after purchasing an additional 1,468 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Dream Finders Homes by 22.2% during the 3rd quarter. Daiwa Securities Group Inc. now owns 71,704 shares of the company's stock valued at $2,596,000 after buying an additional 13,026 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Dream Finders Homes by 4.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 226,651 shares of the company's stock worth $8,207,000 after buying an additional 10,446 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insiders Place Their Bets

In related news, Director William Radford Lovett II sold 10,492 shares of Dream Finders Homes stock in a transaction on Thursday, October 17th. The shares were sold at an average price of $33.66, for a total value of $353,160.72. Following the completion of the sale, the director now owns 4,667,800 shares of the company's stock, valued at approximately $157,118,148. The trade was a 0.22 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Patrick O. Zalupski sold 31,919 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $31.06, for a total transaction of $991,404.14. Following the transaction, the chief executive officer now directly owns 725,000 shares in the company, valued at $22,518,500. The trade was a 4.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 289,692 shares of company stock worth $9,655,077 in the last quarter. 70.45% of the stock is currently owned by corporate insiders.

Dream Finders Homes Trading Down 0.2 %

NASDAQ DFH traded down $0.07 on Friday, hitting $33.27. 195,497 shares of the stock traded hands, compared to its average volume of 849,412. The stock has a 50-day moving average of $32.50 and a 200 day moving average of $30.31. The company has a market capitalization of $3.11 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 0.80 and a beta of 1.93. Dream Finders Homes, Inc. has a twelve month low of $23.46 and a twelve month high of $44.38.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $0.84 by ($0.14). The firm had revenue of $986.26 million during the quarter, compared to analyst estimates of $1.07 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company's revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 EPS. As a group, equities research analysts expect that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current year.

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.