Precision Wealth Strategies LLC Buys 1,062 Shares of Dream Finders Homes, Inc. $DFH

Precision Wealth Strategies LLC increased its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 7.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 16,233 shares of the company’s stock after acquiring an additional 1,062 shares during the quarter. Precision Wealth Strategies LLC’s holdings in Dream Finders Homes were worth $408,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Eukles Asset Management acquired a new position in shares of Dream Finders Homes in the 1st quarter valued at approximately $34,000. Quarry LP bought a new position in Dream Finders Homes in the first quarter valued at approximately $40,000. GAMMA Investing LLC raised its position in Dream Finders Homes by 907.1% during the first quarter. GAMMA Investing LLC now owns 5,962 shares of the company’s stock valued at $135,000 after purchasing an additional 5,370 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in Dream Finders Homes during the second quarter worth $208,000. Finally, New York State Teachers Retirement System lifted its stake in Dream Finders Homes by 14.6% during the first quarter. New York State Teachers Retirement System now owns 9,438 shares of the company’s stock worth $213,000 after purchasing an additional 1,200 shares during the last quarter. 95.55% of the stock is owned by institutional investors.

Insider Transactions at Dream Finders Homes

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $28.86, for a total value of $333,823.62. Following the completion of the transaction, the chief executive officer directly owned 1,927,772 shares in the company, valued at approximately $55,635,499.92. This trade represents a 0.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 104,030 shares of company stock valued at $2,889,019. 68.16% of the stock is owned by corporate insiders.

Dream Finders Homes Price Performance

Shares of NASDAQ:DFH opened at $26.26 on Thursday. Dream Finders Homes, Inc. has a one year low of $19.65 and a one year high of $36.03. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 8.58, a PEG ratio of 1.28 and a beta of 1.90. The firm has a 50 day simple moving average of $27.57 and a 200 day simple moving average of $24.83.

Dream Finders Homes (NASDAQ:DFH) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.57 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.08). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%.During the same quarter last year, the company earned $0.83 EPS. Dream Finders Homes’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, analysts expect that Dream Finders Homes, Inc. will post 3.31 EPS for the current year.

Analysts Set New Price Targets

Separately, Bank of America lifted their price target on Dream Finders Homes from $27.00 to $30.00 and gave the company a “neutral” rating in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, Dream Finders Homes presently has a consensus rating of “Hold” and an average target price of $28.00.

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.