Versor Investments LP Acquires Shares of 21,586 Dream Finders Homes, Inc. $DFH
Versor Investments LP has acquired 21,586 shares of Dream Finders Homes, Inc. (NASDAQ:DFH) valued at approximately $542,000, as reported in its recent SEC filing. Other institutional investors have also increased their stakes in the company. Bank of America has lowered its price target for DFH from $30.00 to $26.00, maintaining a "neutral" rating. The stock currently trades at $19.09, with a market cap of $1.77 billion and a P/E ratio of 6.24. Insiders have sold shares recently, with company insiders owning 68.16% of the stock.
Versor Investments LP acquired a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,586 shares of the company's stock, valued at approximately $542,000.
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Several other institutional investors and hedge funds have also recently modified their holdings of DFH. Quarry LP bought a new position in shares of Dream Finders Homes during the first quarter valued at $40,000. Nisa Investment Advisors LLC increased its holdings in shares of Dream Finders Homes by 164.3% during the second quarter. Nisa Investment Advisors LLC now owns 1,792 shares of the company's stock valued at $45,000 after acquiring an additional 1,114 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Dream Finders Homes during the second quarter valued at $150,000. GAMMA Investing LLC increased its holdings in shares of Dream Finders Homes by 21.8% during the second quarter. GAMMA Investing LLC now owns 7,261 shares of the company's stock valued at $182,000 after acquiring an additional 1,299 shares in the last quarter. Finally, Maryland State Retirement & Pension System bought a new position in shares of Dream Finders Homes during the second quarter valued at $207,000. 95.55% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Separately, Bank of America reduced their price target on Dream Finders Homes from $30.00 to $26.00 and set a "neutral" rating for the company in a report on Friday, October 10th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $26.00.
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Dream Finders Homes Stock Performance
NASDAQ DFH opened at $19.09 on Wednesday. Dream Finders Homes, Inc. has a one year low of $18.80 and a one year high of $34.43. The stock has a 50-day moving average of $25.60 and a 200 day moving average of $24.96. The company has a market capitalization of $1.77 billion, a price-to-earnings ratio of 6.24, a PEG ratio of 1.28 and a beta of 1.87.
Insider Transactions at Dream Finders Homes
In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 11,567 shares of the firm's 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 transaction, the chief executive officer directly owned 1,927,772 shares of the company's stock, valued at approximately $55,635,499.92. This trade represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 87,003 shares of company stock valued at $2,403,305 over the last 90 days. Company insiders own 68.16% of the company's stock.
About Dream Finders Homes
(Free Report)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.
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