Oregon Public Employees Retirement Fund Invests $149,000 in Dream Finders Homes, Inc. (NASDAQ:DFH)

Oregon Public Employees Retirement Fund acquired a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 6,400 shares of the company’s stock, valued at approximately $149,000.

Several other hedge funds also recently modified their holdings of DFH. Hennessy Advisors Inc. increased its position in Dream Finders Homes by 6.8% in the 4th quarter. Hennessy Advisors Inc. now owns 235,700 shares of the company’s stock valued at $5,485,000 after acquiring an additional 15,100 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Dream Finders Homes by 6.7% during the third quarter. Geode Capital Management LLC now owns 622,342 shares of the company’s stock worth $22,539,000 after purchasing an additional 39,130 shares during the period. Barclays PLC grew its stake in shares of Dream Finders Homes by 45.2% in the third quarter. Barclays PLC now owns 92,402 shares of the company’s stock worth $3,345,000 after purchasing an additional 28,764 shares during the last quarter. Natixis Advisors LLC increased its holdings in Dream Finders Homes by 85.2% in the third quarter. Natixis Advisors LLC now owns 44,662 shares of the company’s stock valued at $1,617,000 after purchasing an additional 20,551 shares during the period. Finally, Bretton Capital Management LLC bought a new position in Dream Finders Homes during the 3rd quarter worth $4,508,000. Institutional investors and hedge funds own 95.55% of the company’s stock.

Insider Buying and Selling

In other news, CEO Patrick O. Zalupski sold 18,214 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $27.46, for a total transaction of $500,156.44. Following the transaction, the chief executive officer now owns 1,956,353 shares in the company, valued at approximately $53,721,453.38. This represents a 0.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 70.45% of the stock is currently owned by insiders.

Dream Finders Homes Stock Performance

NASDAQ:DFH opened at $23.92 on Monday. Dream Finders Homes, Inc. has a 52 week low of $20.54 and a 52 week high of $44.38. The firm’s fifty day moving average is $23.05 and its 200-day moving average is $28.81. The firm has a market cap of $2.24 billion, a P/E ratio of 7.82, a P/E/G ratio of 1.28 and a beta of 2.01.

Dream Finders Homes (NASDAQ:DFH) last issued 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 firm had revenue of $1.53 billion during the quarter, compared to the consensus estimate 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 revenue was up 35.2% compared to the same quarter last year. During the same period last year, the business posted $1.00 EPS. As a group, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.31 earnings per share for the current year.

Analyst Upgrades and Downgrades

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

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.