De Lisle Partners LLP Buys 20,000 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

De Lisle Partners LLP grew its position in Dream Finders Homes, Inc. (NASDAQ:DFH) by 13.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 172,943 shares of the company’s stock after acquiring an additional 20,000 shares during the period. Dream Finders Homes accounts for approximately 1.0% of De Lisle Partners LLP’s investment portfolio, making the stock its 23rd biggest position. De Lisle Partners LLP owned 0.19% of Dream Finders Homes worth $6,263,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. nVerses Capital LLC raised its position in Dream Finders Homes by 1,800.0% in the second quarter. nVerses Capital LLC now owns 1,900 shares of the company’s stock valued at $49,000 after purchasing an additional 1,800 shares during the last quarter. ORG Partners LLC bought a new position in Dream Finders Homes in the 2nd quarter valued at approximately $68,000. Benjamin F. Edwards & Company Inc. boosted its position in Dream Finders Homes by 139.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 2,923 shares of the company’s stock worth $75,000 after buying an additional 1,701 shares during the period. Palouse Capital Management Inc. bought a new stake in Dream Finders Homes during the 2nd quarter worth approximately $79,000. Finally, ORG Wealth Partners LLC acquired a new position in Dream Finders Homes in the 3rd quarter valued at approximately $105,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insider Buying and Selling at Dream Finders Homes

In other news, Director William Radford Lovett II sold 8,698 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $30.39, for a total value of $264,332.22. Following the transaction, the director now owns 4,877,666 shares in the company, valued at $148,232,269.74. This trade represents a 0.18 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Patrick O. Zalupski sold 59,106 shares of the company’s stock in a transaction on Tuesday, October 22nd. The stock was sold at an average price of $31.42, for a total value of $1,857,110.52. Following the sale, the chief executive officer now owns 801,105 shares of the company’s stock, valued at $25,170,719.10. This trade represents a 6.87 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 289,692 shares of company stock valued at $9,655,077. Corporate insiders own 70.45% of the company’s stock.

Dream Finders Homes Trading Up 1.3 %

Shares of DFH opened at $33.34 on Thursday. The firm’s fifty day simple moving average is $32.74 and its two-hundred day simple moving average is $30.25. 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 $3.12 billion, a P/E ratio of 10.90, a price-to-earnings-growth ratio of 0.82 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH) last issued its earnings results on Thursday, October 31st. The company reported $0.70 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $986.26 million for the quarter, compared to analyst estimates of $1.07 billion. During the same period in the previous year, the company earned $0.75 earnings per share. Dream Finders Homes’s revenue for the quarter was up 10.4% compared to the same quarter last year. As a group, research analysts predict that Dream Finders Homes, Inc. will post 3.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Bank of America lifted their price target on shares of Dream Finders Homes from $35.00 to $38.00 and gave the stock a “neutral” rating in a report on Thursday, September 19th.

Dream Finders Homes 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.