Arcus Capital Partners LLC Acquires 359,659 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Arcus Capital Partners LLC raised its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,061,341 shares of the company's stock after acquiring an additional 359,659 shares during the quarter. Dream Finders Homes makes up about 17.8% of Arcus Capital Partners LLC's holdings, making the stock its largest holding. Arcus Capital Partners LLC owned 2.21% of Dream Finders Homes worth $47,967,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Dream Finders Homes in the third quarter valued at approximately $33,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dream Finders Homes in the third quarter valued at approximately $63,000. FMR LLC increased its holdings in shares of Dream Finders Homes by 99.4% in the third quarter. FMR LLC now owns 2,945 shares of the company's stock valued at $107,000 after purchasing an additional 1,468 shares during the last quarter. nVerses Capital LLC increased its holdings in shares of Dream Finders Homes by 84.2% in the third quarter. nVerses Capital LLC now owns 3,500 shares of the company's stock valued at $127,000 after purchasing an additional 1,600 shares during the last quarter. Finally, SG Americas Securities LLC increased its stake in Dream Finders Homes by 88.6% during the fourth quarter. SG Americas Securities LLC now owns 9,185 shares of the company's stock worth $214,000 after acquiring an additional 4,315 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company's stock.

Analyst Ratings Changes

Separately, Bank of America cut their target price on Dream Finders Homes from $33.00 to $32.00 and set a "neutral" rating for the company in a research note on Monday, January 27th.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 18,214 shares of Dream Finders Homes stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total value of $500,156.44. Following the completion of the transaction, the chief executive officer now directly owns 1,956,353 shares in the company, valued at approximately $53,721,453.38. This trade represents a 0.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 70.45% of the company's stock.

Dream Finders Homes Stock Performance

Shares of DFH traded down $0.51 during midday trading on Tuesday, hitting $22.00. 319,547 shares of the stock were exchanged, compared to its average volume of 398,998. Dream Finders Homes, Inc. has a 52-week low of $20.54 and a 52-week high of $44.38. The stock has a fifty day simple moving average of $23.74 and a 200 day simple moving average of $29.08. The firm has a market cap of $2.06 billion, a P/E ratio of 7.19, a P/E/G ratio of 1.30 and a beta of 2.01.

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.