Epoch Investment Partners Inc. Trims Stock Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Epoch Investment Partners Inc. lessened its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 37.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 57,322 shares of the company's stock after selling 34,339 shares during the quarter. Epoch Investment Partners Inc. owned approximately 0.06% of Dream Finders Homes worth $1,334,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its holdings in shares of Dream Finders Homes by 93.9% during the fourth quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company's stock valued at $27,000 after purchasing an additional 568 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in 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% during the third quarter. FMR LLC now owns 2,945 shares of the company's stock valued at $107,000 after acquiring an additional 1,468 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Dream Finders Homes in the 4th quarter valued at $116,000. Finally, Oregon Public Employees Retirement Fund bought a new stake in Dream Finders Homes during the 4th quarter valued at $149,000. Institutional investors own 95.55% of the company's stock.

Insider Activity at Dream Finders Homes

In other Dream Finders Homes news, CFO Lorena Anabel Ramsay sold 1,029 shares of the business's stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $24.49, for a total value of $25,200.21. Following the sale, the chief financial officer now directly owns 184,213 shares in the company, valued at $4,511,376.37. The trade was a 0.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 70.45% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

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

Dream Finders Homes Stock Down 0.3 %

DFH stock traded down $0.06 during trading on Friday, reaching $22.74. The stock had a trading volume of 610,540 shares, compared to its average volume of 500,668. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $39.15. The company's 50 day moving average is $22.95 and its two-hundred day moving average is $26.00. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 7.43, a P/E/G ratio of 1.28 and a beta of 1.95.

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

Dream Finders Homes Company 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.