AlphaQuest LLC Has $995,000 Position in Dream Finders Homes, Inc. $DFH

AlphaQuest LLC lifted its holdings in shares of Dream Finders Homes, Inc. (NASDAQ:DFH) by 541.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 38,406 shares of the company’s stock after acquiring an additional 32,419 shares during the period. AlphaQuest LLC’s holdings in Dream Finders Homes were worth $995,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the stock. Islay Capital Management LLC acquired a new position in Dream Finders Homes during the 2nd quarter worth about $1,216,000. Cooke & Bieler LP increased its holdings in shares of Dream Finders Homes by 12.9% in the second quarter. Cooke & Bieler LP now owns 2,459,600 shares of the company’s stock valued at $61,810,000 after purchasing an additional 280,510 shares in the last quarter. Elgethun Capital Management increased its holdings in shares of Dream Finders Homes by 145.3% in the second quarter. Elgethun Capital Management now owns 454,112 shares of the company’s stock valued at $11,412,000 after purchasing an additional 269,024 shares in the last quarter. Nordea Investment Management AB raised its position in Dream Finders Homes by 1.2% in the 2nd quarter. Nordea Investment Management AB now owns 123,344 shares of the company’s stock worth $3,113,000 after purchasing an additional 1,427 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in Dream Finders Homes during the 2nd quarter worth $208,000. 95.55% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on DFH shares. Citigroup assumed coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating for the company. Zelman & Associates upgraded shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research report on Wednesday, November 12th. BTIG Research started coverage on shares of Dream Finders Homes in a research note on Monday, December 1st. They issued a “neutral” rating on the stock. Citizens Jmp initiated coverage on shares of Dream Finders Homes in a report on Wednesday, January 7th. They issued a “market perform” rating on the stock. Finally, Bank of America reduced their price objective on shares of Dream Finders Homes from $30.00 to $26.00 and set a “neutral” rating on the stock in a research note on Friday, October 10th. One analyst has rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $26.00.

Dream Finders Homes Price Performance

Shares of DFH stock opened at $17.92 on Tuesday. The stock has a market cap of $1.66 billion, a PE ratio of 5.85, a price-to-earnings-growth ratio of 1.28 and a beta of 1.86. The stock has a 50-day moving average of $18.71 and a 200-day moving average of $22.80. Dream Finders Homes, Inc. has a one year low of $16.59 and a one year high of $31.50.

Dream Finders Homes Profile

Dream Finders Homes is a residential homebuilder specializing in the design, development and construction of single-family and multifamily communities across the United States. Through its in-house Design Studio, the company offers a range of home collections that blend architectural styles with customizable floor plans, allowing buyers to tailor finishes and features to suit their lifestyle preferences. In addition to core construction services, Dream Finders provides integrated mortgage and title services, streamlining the homebuying process for its clients.

Founded in 2007 and headquartered in St.