Alliance Wealth Advisors LLC UT Makes New $313,000 Investment in Dream Finders Homes, Inc. (NASDAQ:DFH)

Alliance Wealth Advisors LLC UT purchased a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,815 shares of the company’s stock, valued at approximately $313,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Dream Finders Homes by 51.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,801 shares of the company’s stock worth $84,000 after purchasing an additional 1,295 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Dream Finders Homes in the fourth quarter valued at about $226,000. Arizona State Retirement System bought a new position in shares of Dream Finders Homes during the fourth quarter worth about $229,000. Cornerstone Investment Partners LLC acquired a new position in shares of Dream Finders Homes in the fourth quarter worth approximately $265,000. Finally, Jump Financial LLC bought a new stake in Dream Finders Homes in the third quarter valued at approximately $211,000. 95.55% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Justin Udelhofen sold 25,000 shares of Dream Finders Homes stock in a transaction on Tuesday, March 19th. The stock was sold at an average price of $35.69, for a total transaction of $892,250.00. Following the sale, the director now directly owns 30,376 shares in the company, valued at approximately $1,084,119.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CEO Patrick O. Zalupski sold 34,961 shares of the company’s stock in a transaction on Monday, April 8th. The stock was sold at an average price of $42.46, for a total transaction of $1,484,444.06. Following the transaction, the chief executive officer now owns 1,428,742 shares of the company’s stock, valued at approximately $60,664,385.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Justin Udelhofen sold 25,000 shares of Dream Finders Homes stock in a transaction dated Tuesday, March 19th. The stock was sold at an average price of $35.69, for a total value of $892,250.00. Following the completion of the sale, the director now directly owns 30,376 shares of the company’s stock, valued at approximately $1,084,119.44. The disclosure for this sale can be found here. Over the last three months, insiders have sold 277,812 shares of company stock worth $10,552,415. 74.13% of the stock is owned by company insiders.

Dream Finders Homes Stock Performance

DFH traded up $0.95 during midday trading on Friday, reaching $36.29. 281,091 shares of the company were exchanged, compared to its average volume of 432,501. Dream Finders Homes, Inc. has a one year low of $14.61 and a one year high of $44.38. The company’s fifty day moving average price is $38.15 and its 200 day moving average price is $31.69. The company has a market cap of $3.38 billion, a price-to-earnings ratio of 12.73, a price-to-earnings-growth ratio of 0.98 and a beta of 1.99.

Dream Finders Homes (NASDAQ:DFH) last posted its earnings results on Thursday, February 29th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.29. Dream Finders Homes had a net margin of 7.89% and a return on equity of 36.62%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $898.68 million. During the same quarter in the prior year, the business posted $0.78 EPS. The business’s revenue was up 3.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Dream Finders Homes, Inc. will post 3.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DFH has been the topic of a number of research analyst reports. Bank of America upped their price target on shares of Dream Finders Homes from $29.00 to $45.00 and gave the company a “neutral” rating in a research report on Tuesday, April 2nd. TheStreet raised Dream Finders Homes from a “c” rating to a “b” rating in a research note on Friday, March 1st.

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.