Dream Finders Homes, Inc. (NASDAQ:DFH) Position Decreased by Renaissance Technologies LLC

Renaissance Technologies LLC trimmed its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 290,567 shares of the company's stock after selling 37,043 shares during the period. Renaissance Technologies LLC owned approximately 0.31% of Dream Finders Homes worth $6,761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. First Horizon Advisors Inc. raised its position in shares of Dream Finders Homes by 93.9% in the 4th 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 in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Dream Finders Homes during the 3rd quarter valued at $63,000. FMR LLC grew its holdings in 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 acquiring an additional 1,468 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Dream Finders Homes during the 4th quarter worth $116,000. Finally, Oregon Public Employees Retirement Fund bought a new stake in shares of Dream Finders Homes in the 4th quarter worth about $149,000. Hedge funds and other institutional investors own 95.55% of the company's stock.

Insider Transactions 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 transaction of $25,200.21. Following the completion of the transaction, the chief financial officer now owns 184,213 shares in the company, valued at approximately $4,511,376.37. The trade was a 0.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 70.45% of the company's stock.

Dream Finders Homes Trading Up 0.6 %

Dream Finders Homes stock traded up $0.12 during mid-day trading on Thursday, reaching $22.39. The company's stock had a trading volume of 103,596 shares, compared to its average volume of 498,374. Dream Finders Homes, Inc. has a twelve month low of $19.65 and a twelve month high of $39.15. The business has a 50 day moving average price of $22.94 and a 200-day moving average price of $26.08. The firm has a market cap of $2.09 billion, a price-to-earnings ratio of 7.31, a PEG ratio of 1.28 and a beta of 1.95.

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

Analyst Upgrades and Downgrades

Separately, Bank of America decreased their price target 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.

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.