Dream Finders Homes (NASDAQ:DFH) Stock Price Down 6.5% – Time to Sell?

Dream Finders Homes, Inc. (NASDAQ:DFH) shares traded down 6.5% during mid-day trading on Wednesday . The stock traded as low as $17.88 and last traded at $17.95. 65,737 shares changed hands during trading, a decline of 85% from the average session volume of 439,050 shares. The stock had previously closed at $19.20.

Analyst Upgrades and Downgrades

DFH has been the topic of several recent research reports. Citizens Jmp started coverage on shares of Dream Finders Homes in a research note on Wednesday, January 7th. They set a “market perform” rating on the stock. Zelman & Associates upgraded shares of Dream Finders Homes from a “neutral” rating to an “outperform” rating in a research note on Wednesday, November 12th. BTIG Research began coverage on Dream Finders Homes in a research report on Monday, December 1st. They set a “neutral” rating on the stock. Finally, Citigroup started coverage on Dream Finders Homes in a research note on Wednesday, January 7th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Dream Finders Homes presently has an average rating of “Hold” and an average price target of $26.00.

Dream Finders Homes Trading Down 3.4%

The firm’s fifty day simple moving average is $18.97 and its 200 day simple moving average is $22.09. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 6.06, a PEG ratio of 1.28 and a beta of 1.86.

Hedge Funds Weigh In On Dream Finders Homes

Several large investors have recently bought and sold shares of DFH. Fifth Third Bancorp raised its stake in Dream Finders Homes by 701.7% in the third quarter. Fifth Third Bancorp now owns 946 shares of the company’s stock valued at $25,000 after buying an additional 828 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Dream Finders Homes in the 3rd quarter valued at about $39,000. Hantz Financial Services Inc. increased its holdings in shares of Dream Finders Homes by 154.0% in the 4th quarter. Hantz Financial Services Inc. now owns 1,674 shares of the company’s stock valued at $29,000 after acquiring an additional 1,015 shares during the last quarter. Nisa Investment Advisors LLC raised its position in shares of Dream Finders Homes by 164.3% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,792 shares of the company’s stock worth $45,000 after acquiring an additional 1,114 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in Dream Finders Homes by 4,853.5% during the third quarter. Larson Financial Group LLC now owns 3,517 shares of the company’s stock worth $91,000 after purchasing an additional 3,446 shares during the last quarter. Hedge funds and other institutional investors own 95.55% of the company’s stock.

Dream Finders Homes Company 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.