Townsquare Capital LLC Has $3.77 Million Stock Holdings in Dream Finders Homes, Inc. (NASDAQ:DFH)

Townsquare Capital LLC trimmed its holdings in Dream Finders Homes, Inc. (NASDAQ:DFH) by 5.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 104,062 shares of the company’s stock after selling 6,562 shares during the quarter. Townsquare Capital LLC’s holdings in Dream Finders Homes were worth $3,768,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Dream Finders Homes by 3.3% in the 1st quarter. Janus Henderson Group PLC now owns 22,674 shares of the company’s stock valued at $992,000 after buying an additional 728 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Dream Finders Homes by 3.0% in the 3rd quarter. Victory Capital Management Inc. now owns 25,321 shares of the company’s stock valued at $917,000 after buying an additional 746 shares in the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Dream Finders Homes by 17.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 6,935 shares of the company’s stock valued at $304,000 after purchasing an additional 1,041 shares during the period. Simplicity Wealth LLC grew its position in Dream Finders Homes by 6.2% in the second quarter. Simplicity Wealth LLC now owns 21,565 shares of the company’s stock valued at $557,000 after acquiring an additional 1,259 shares during the period. Finally, Versor Investments LP grew its holdings in shares of Dream Finders Homes by 13.0% in the 2nd quarter. Versor Investments LP now owns 11,800 shares of the company’s stock worth $305,000 after purchasing an additional 1,354 shares during the last quarter. 95.55% of the stock is currently owned by institutional investors.

Insider Transactions at Dream Finders Homes

In related news, CEO Patrick O. Zalupski sold 31,919 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $31.06, for a total transaction of $991,404.14. Following the transaction, the chief executive officer now directly owns 725,000 shares of the company’s stock, valued at approximately $22,518,500. This represents a 4.22 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Radford Lovett II sold 32,724 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $37.72, for a total transaction of $1,234,349.28. Following the sale, the director now owns 4,733,674 shares of the company’s stock, valued at $178,554,183.28. This trade represents a 0.69 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 289,692 shares of company stock valued at $9,655,077. 70.45% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Separately, Bank of America upped 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 report on Thursday, September 19th.

Dream Finders Homes Stock Down 0.2 %

Shares of DFH opened at $33.27 on Friday. The company has a 50 day moving average of $32.50 and a 200-day moving average of $30.32. Dream Finders Homes, Inc. has a twelve month low of $23.46 and a twelve month high of $44.38. The stock has a market capitalization of $3.11 billion, a P/E ratio of 10.87, a P/E/G ratio of 0.80 and a beta of 1.93.

Dream Finders Homes (NASDAQ:DFH) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.84 by ($0.14). The business had revenue of $986.26 million for the quarter, compared to the consensus estimate of $1.07 billion. Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. On average, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.35 earnings per share for the current fiscal year.

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.