Dream Finders Homes, Inc. (NASDAQ:DFH) Shares Acquired by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 2,502.1% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 689,685 shares of the company's stock after purchasing an additional 663,180 shares during the period. Janus Henderson Group PLC owned about 0.74% of Dream Finders Homes worth $24,974,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DFH. Cooke & Bieler LP lifted its stake in shares of Dream Finders Homes by 17.5% in the 2nd quarter. Cooke & Bieler LP now owns 1,866,067 shares of the company's stock worth $48,182,000 after purchasing an additional 277,499 shares during the period. Hennessy Advisors Inc. bought a new position in shares of Dream Finders Homes in the 2nd quarter worth approximately $5,058,000. Dimensional Fund Advisors LP raised its stake in Dream Finders Homes by 55.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 420,592 shares of the company's stock worth $10,859,000 after acquiring an additional 150,026 shares during the period. Renaissance Technologies LLC raised its stake in Dream Finders Homes by 57.9% during the 2nd quarter. Renaissance Technologies LLC now owns 343,110 shares of the company's stock worth $8,859,000 after acquiring an additional 125,800 shares during the period. Finally, Bretton Capital Management LLC bought a new stake in Dream Finders Homes during the 3rd quarter worth approximately $4,508,000. Institutional investors own 95.55% of the company's stock.

Dream Finders Homes Price Performance

Shares of NASDAQ:DFH traded down $0.68 on Friday, hitting $30.50. 537,418 shares of the company's stock were exchanged, compared to its average volume of 825,651. Dream Finders Homes, Inc. has a 12 month low of $23.46 and a 12 month high of $44.38. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 9.97, a price-to-earnings-growth ratio of 0.77 and a beta of 1.93. The business's 50 day simple moving average is $32.15 and its two-hundred day simple moving average is $30.40.

Dream Finders Homes (NASDAQ:DFH - Get Free Report) last released its 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 return on equity of 30.18% and a net margin of 7.65%. The business had revenue of $986.26 million for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the business posted $0.75 earnings per share. The firm's revenue for the quarter was up 10.4% compared to the same quarter last year. Equities analysts forecast that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Insider Activity at Dream Finders Homes

In other news, CEO Patrick O. Zalupski sold 59,106 shares of the business's stock in a transaction dated Tuesday, October 22nd. The stock was sold at an average price of $31.42, for a total transaction of $1,857,110.52. Following the sale, the chief executive officer now owns 801,105 shares in the company, valued at approximately $25,170,719.10. The trade was a 6.87 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Radford Lovett II sold 9,869 shares of the business's stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $34.84, for a total value of $343,835.96. Following the sale, the director now owns 4,694,252 shares in the company, valued at $163,547,739.68. The trade was a 0.21 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 299,113 shares of company stock worth $9,993,383 over the last three months. 70.45% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

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.