Epoch Investment Partners Inc. Makes New Investment in Dream Finders Homes, Inc. $DFH

Epoch Investment Partners Inc. acquired a new stake in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 49,724 shares of the company’s stock, valued at approximately $1,250,000.

Several other hedge funds also recently made changes to their positions in DFH. Russell Investments Group Ltd. raised its holdings in Dream Finders Homes by 11.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,777 shares of the company’s stock valued at $95,000 after buying an additional 402 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Dream Finders Homes by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,597 shares of the company’s stock valued at $374,000 after acquiring an additional 681 shares during the period. Rafferty Asset Management LLC raised its stake in shares of Dream Finders Homes by 5.3% during the first quarter. Rafferty Asset Management LLC now owns 19,502 shares of the company’s stock valued at $440,000 after acquiring an additional 974 shares during the last quarter. Precision Wealth Strategies LLC boosted its holdings in shares of Dream Finders Homes by 7.0% during the second quarter. Precision Wealth Strategies LLC now owns 16,233 shares of the company’s stock worth $408,000 after purchasing an additional 1,062 shares during the period. Finally, US Bancorp DE grew its stake in shares of Dream Finders Homes by 5.1% in the second quarter. US Bancorp DE now owns 23,025 shares of the company’s stock worth $579,000 after purchasing an additional 1,113 shares during the last quarter. 95.55% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Patrick O. Zalupski sold 6,794 shares of the company’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of $25.93, for a total value of $176,168.42. Following the sale, the chief executive officer directly owned 1,891,672 shares of the company’s stock, valued at $49,051,054.96. This represents a 0.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 36,100 shares of company stock valued at $990,946 over the last 90 days. 68.16% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on DFH. Zelman & Associates upgraded Dream Finders Homes from a “neutral” rating to an “outperform” rating in a report on Wednesday, November 12th. BTIG Research initiated coverage on Dream Finders Homes in a research report on Monday, December 1st. They issued a “neutral” rating on the stock. Finally, Bank of America decreased their target price 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. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Stock Performance

DFH stock opened at $18.82 on Friday. Dream Finders Homes, Inc. has a fifty-two week low of $17.61 and a fifty-two week high of $31.82. The company has a market capitalization of $1.75 billion, a price-to-earnings ratio of 6.15, a price-to-earnings-growth ratio of 1.28 and a beta of 1.85. The business’s 50 day moving average price is $21.37 and its two-hundred day moving average price is $24.35.

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.