Dream Finders Homes (NASDAQ:DFH) was upgraded by investment analysts at Zelman & Associates from a “sell” rating to a “hold” rating in a research note issued on Wednesday, The Fly reports.
Separately, Zacks Investment Research cut Dream Finders Homes from a “hold” rating to a “sell” rating in a report on Monday, August 16th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to data from MarketBeat, Dream Finders Homes has an average rating of “Hold” and a consensus target price of $22.25.
Shares of NASDAQ DFH opened at $19.10 on Wednesday. The business has a 50-day moving average of $21.28 and a 200-day moving average of $23.80. Dream Finders Homes has a fifty-two week low of $17.55 and a fifty-two week high of $36.60.
A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Dream Finders Homes by 2.5% during the second quarter. Vanguard Group Inc. now owns 1,413,515 shares of the company’s stock worth $34,533,000 after purchasing an additional 35,064 shares during the period. Federated Hermes Inc. lifted its position in Dream Finders Homes by 57.7% during the second quarter. Federated Hermes Inc. now owns 1,100,000 shares of the company’s stock worth $26,873,000 after acquiring an additional 402,687 shares during the last quarter. Wasatch Advisors Inc. acquired a new stake in Dream Finders Homes during the second quarter worth approximately $22,739,000. Philadelphia Financial Management of San Francisco LLC acquired a new stake in Dream Finders Homes during the first quarter worth approximately $11,616,000. Finally, Timucuan Asset Management Inc. FL acquired a new stake in Dream Finders Homes during the first quarter worth approximately $8,108,000. Institutional investors and hedge funds own 8.65% of the company’s stock.
About Dream Finders Homes
Dream Finders Homes, Inc operates as a holding company for Dream Finders Holdings LLC that engages in homebuilding business in the United States. The company designs, builds, and sells single family attached and detached homes in Jacksonville, Orlando, Denver, the Washington DC metropolitan area, and Austin, as well as in Charlotte and Raleigh.
Read More: Hold Rating
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