Elgethun Capital Management Purchases 37,450 Shares of Dream Finders Homes, Inc. $DFH

Elgethun Capital Management grew its position in Dream Finders Homes, Inc. (NYSE:DFH) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 495,037 shares of the company’s stock after acquiring an additional 37,450 shares during the period. Dream Finders Homes comprises about 1.5% of Elgethun Capital Management’s portfolio, making the stock its 18th largest holding. Elgethun Capital Management owned 0.53% of Dream Finders Homes worth $8,465,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of DFH. Royal Bank of Canada grew its position in shares of Dream Finders Homes by 39.3% in the 1st quarter. Royal Bank of Canada now owns 10,275 shares of the company’s stock valued at $232,000 after acquiring an additional 2,898 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Dream Finders Homes by 4.3% in the 1st 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. Goldman Sachs Group Inc. boosted its holdings in shares of Dream Finders Homes by 8.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 519,873 shares of the company’s stock worth $11,728,000 after buying an additional 41,117 shares during the period. Creative Planning bought a new stake in shares of Dream Finders Homes during the 2nd quarter worth about $206,000. Finally, American Century Companies Inc. bought a new stake in shares of Dream Finders Homes during the 2nd quarter worth about $789,000. Institutional investors own 95.55% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on DFH. Weiss Ratings downgraded shares of Dream Finders Homes from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, May 13th. Wall Street Zen downgraded shares of Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Saturday, April 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Dream Finders Homes currently has a consensus rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Stock Performance

Shares of DFH stock opened at $14.47 on Thursday. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 8.41 and a beta of 1.85. Dream Finders Homes, Inc. has a 52 week low of $12.20 and a 52 week high of $31.50. The company has a 50-day simple moving average of $14.35 and a 200 day simple moving average of $16.97.

Dream Finders Homes (NYSE:DFH) last posted 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). The business had revenue of $887.84 million during the quarter. Dream Finders Homes had a net margin of 4.16% and a return on equity of 12.65%.

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.