Bretton Capital Management LLC Buys New Shares in Dream Finders Homes, Inc. (NASDAQ:DFH)

Bretton Capital Management LLC purchased a new position in Dream Finders Homes, Inc. (NASDAQ:DFH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 124,500 shares of the company’s stock, valued at approximately $4,508,000. Dream Finders Homes comprises 4.3% of Bretton Capital Management LLC’s holdings, making the stock its 15th biggest holding. Bretton Capital Management LLC owned 0.13% of Dream Finders Homes as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new stake in Dream Finders Homes during the 1st quarter worth about $312,000. SG Americas Securities LLC boosted its stake in Dream Finders Homes by 445.3% in the 1st quarter. SG Americas Securities LLC now owns 34,641 shares of the company’s stock worth $1,515,000 after purchasing an additional 28,288 shares during the period. Swiss National Bank grew its position in Dream Finders Homes by 7.3% during the 1st quarter. Swiss National Bank now owns 48,700 shares of the company’s stock worth $2,130,000 after purchasing an additional 3,300 shares in the last quarter. Sei Investments Co. grew its position in Dream Finders Homes by 15.4% during the 1st quarter. Sei Investments Co. now owns 164,517 shares of the company’s stock worth $7,194,000 after purchasing an additional 21,933 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Dream Finders Homes by 4.0% in the first quarter. US Bancorp DE now owns 30,243 shares of the company’s stock valued at $1,323,000 after purchasing an additional 1,169 shares in the last quarter. Institutional investors own 95.55% of the company’s stock.

Insider Activity

In other news, CEO Patrick O. Zalupski sold 54,665 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $33.42, for a total transaction of $1,826,904.30. Following the transaction, the chief executive officer now owns 1,056,618 shares in the company, valued at approximately $35,312,173.56. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 26,879 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $30.86, for a total transaction of $829,485.94. Following the completion of the sale, the chief executive officer now owns 991,171 shares of the company’s stock, valued at $30,587,537.06. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Patrick O. Zalupski sold 54,665 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $33.42, for a total value of $1,826,904.30. Following the transaction, the chief executive officer now owns 1,056,618 shares in the company, valued at approximately $35,312,173.56. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 360,823 shares of company stock worth $11,987,982 in the last three months. 70.45% of the stock is owned by insiders.

Dream Finders Homes Stock Performance

Dream Finders Homes stock opened at $28.60 on Thursday. The firm’s 50 day moving average price is $33.19 and its two-hundred day moving average price is $30.43. The firm has a market cap of $2.67 billion, a PE ratio of 9.35, a P/E/G ratio of 0.72 and a beta of 1.93. Dream Finders Homes, Inc. has a twelve month low of $23.46 and a twelve month high of $44.38.

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

Analyst Ratings Changes

Separately, Bank of America lifted their price target on Dream Finders Homes from $35.00 to $38.00 and gave the company 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.