16,555 Shares in Dream Finders Homes, Inc. (NASDAQ:DFH) Bought by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund acquired a new stake in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 16,555 shares of the company's stock, valued at approximately $385,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. First Horizon Advisors Inc. grew its position in shares of Dream Finders Homes by 93.9% during the 4th quarter. First Horizon Advisors Inc. now owns 1,173 shares of the company's stock worth $27,000 after buying an additional 568 shares during the period. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Dream Finders Homes during the 3rd quarter worth approximately $33,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Dream Finders Homes during the 3rd quarter worth approximately $63,000. FMR LLC grew its position in shares of Dream Finders Homes by 99.4% during the 3rd quarter. FMR LLC now owns 2,945 shares of the company's stock worth $107,000 after buying an additional 1,468 shares during the period. Finally, Amalgamated Bank grew its position in shares of Dream Finders Homes by 872.9% during the 4th quarter. Amalgamated Bank now owns 8,017 shares of the company's stock worth $187,000 after buying an additional 7,193 shares during the period. Institutional investors and hedge funds own 95.55% of the company's stock.

Dream Finders Homes Stock Up 2.2 %

Dream Finders Homes stock traded up $0.54 during midday trading on Friday, hitting $25.47. 526,428 shares of the stock were exchanged, compared to its average volume of 479,982. The company has a fifty day simple moving average of $23.05 and a two-hundred day simple moving average of $28.68. Dream Finders Homes, Inc. has a 52 week low of $20.54 and a 52 week high of $44.38. The stock has a market capitalization of $2.38 billion, a PE ratio of 8.32, a P/E/G ratio of 1.28 and a beta of 1.99.

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Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released 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 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 last year, the firm earned $1.00 EPS. Dream Finders Homes's quarterly revenue was up 35.2% compared to the same quarter last year. As a group, equities research analysts anticipate that Dream Finders Homes, Inc. will post 3.31 EPS for the current fiscal year.

Analyst Ratings Changes

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

Insider Buying and Selling

In other news, CEO Patrick O. Zalupski sold 18,214 shares of the business's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $27.46, for a total value of $500,156.44. Following the sale, the chief executive officer now owns 1,956,353 shares of the company's stock, valued at $53,721,453.38. The trade was a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 70.45% of the stock is owned by insiders.

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.