Dream Finders Homes, Inc. $DFH Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in Dream Finders Homes, Inc. (NYSE:DFH) by 91.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 13,243 shares of the company’s stock after selling 142,703 shares during the period. SG Americas Securities LLC’s holdings in Dream Finders Homes were worth $184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new stake in Dream Finders Homes in the 3rd quarter valued at approximately $39,000. Hantz Financial Services Inc. raised its position in shares of Dream Finders Homes by 154.0% during the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock worth $29,000 after buying an additional 1,015 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of Dream Finders Homes by 4,853.5% in the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock valued at $91,000 after acquiring an additional 3,446 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in Dream Finders Homes by 11.9% during the second quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock worth $95,000 after purchasing an additional 402 shares in the last quarter. Finally, State of Wyoming bought a new stake in shares of Dream Finders Homes in the 2nd quarter worth $123,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DFH has been the subject of a number of research reports. Wall Street Zen cut shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. Weiss Ratings lowered Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Stock Up 1.5%

Shares of Dream Finders Homes stock traded up $0.24 on Friday, hitting $15.85. 536,571 shares of the company traded hands, compared to its average volume of 667,030. Dream Finders Homes, Inc. has a 12-month low of $12.20 and a 12-month high of $31.50. The company has a market cap of $1.45 billion, a PE ratio of 9.21 and a beta of 1.85. The company has a 50-day moving average price of $15.07 and a 200 day moving average price of $16.36.

Dream Finders Homes (NYSE:DFH) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.15). Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%. The firm had revenue of $887.84 million for the quarter.

Dream Finders Homes Profile

Dream Finders Homes is a residential homebuilder that specializes in the design, marketing and construction of single‐family homes, townhomes and condominiums. The company operates a semi‐custom building model that allows homebuyers to select from a range of floor plans and interior finishes, blending the efficiency of production building with the appeal of personalized design options. Dream Finders Homes emphasizes customer engagement through design studios and online tools, guiding buyers through each stage of the homebuilding process from lot selection to move-in.

Since its founding in 2015, Dream Finders Homes has focused on master‐planned and mixed-use communities, often collaborating with community developers to create integrated neighborhoods.