Lawson Kroeker Investment Management Inc. NE Sells 912 Shares of Dream Finders Homes, Inc. (NASDAQ:DFH)

Lawson Kroeker Investment Management Inc. NE reduced its position in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 0.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 142,245 shares of the company’s stock after selling 912 shares during the quarter. Lawson Kroeker Investment Management Inc. NE’s holdings in Dream Finders Homes were worth $3,310,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mark Sheptoff Financial Planning LLC purchased a new stake in Dream Finders Homes during the 3rd quarter valued at about $33,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Dream Finders Homes in the third quarter worth approximately $63,000. ORG Wealth Partners LLC purchased a new position in shares of Dream Finders Homes in the third quarter worth approximately $105,000. FMR LLC lifted its holdings in Dream Finders Homes by 99.4% during the third quarter. FMR LLC now owns 2,945 shares of the company’s stock valued at $107,000 after purchasing an additional 1,468 shares in the last quarter. Finally, nVerses Capital LLC lifted its holdings in Dream Finders Homes by 84.2% during the third quarter. nVerses Capital LLC now owns 3,500 shares of the company’s stock valued at $127,000 after purchasing an additional 1,600 shares in the last quarter. 95.55% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Separately, Bank of America reduced their price target on shares of Dream Finders Homes from $33.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday.

Dream Finders Homes Stock Down 3.0 %

DFH opened at $23.37 on Thursday. Dream Finders Homes, Inc. has a 52-week low of $21.42 and a 52-week high of $44.38. The firm’s 50-day moving average price is $26.55 and its 200-day moving average price is $29.93. The company has a market cap of $2.18 billion, a P/E ratio of 8.03, a price-to-earnings-growth ratio of 0.79 and a beta of 2.02.

Dream Finders Homes (NASDAQ:DFH) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.70 EPS for the quarter, missing the consensus estimate of $0.84 by ($0.14). Dream Finders Homes had a return on equity of 30.18% and a net margin of 7.65%. The company had revenue of $986.26 million during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the company posted $0.75 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. On average, research analysts anticipate that Dream Finders Homes, Inc. will post 3.33 EPS for the current fiscal year.

Insider Activity

In other Dream Finders Homes news, CEO Patrick O. Zalupski sold 18,214 shares of the firm’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $27.46, for a total value of $500,156.44. Following the completion of the sale, the chief executive officer now directly owns 1,956,353 shares of the company’s stock, valued at $53,721,453.38. This trade represents a 0.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 68,252 shares of company stock worth $2,094,199 in the last quarter. Corporate insiders own 70.45% of the company’s stock.

About Dream Finders Homes

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.