William Lyon Homes (WLH) Major Shareholder Sells $1,026,001.86 in Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 35,551 shares of the firm’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $28.86, for a total transaction of $1,026,001.86. Following the sale, the insider now directly owns 3,696,086 shares in the company, valued at $106,669,041.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Gmt Capital Corp also recently made the following trade(s):

  • On Tuesday, December 12th, Gmt Capital Corp sold 26,100 shares of William Lyon Homes stock. The stock was sold at an average price of $28.82, for a total transaction of $752,202.00.

William Lyon Homes (NYSE:WLH) traded down $0.60 during trading on Wednesday, hitting $28.39. 313,300 shares of the company’s stock traded hands, compared to its average volume of 327,338. William Lyon Homes has a one year low of $16.37 and a one year high of $30.79. The firm has a market cap of $903.41, a PE ratio of 15.18 and a beta of 2.14. The company has a debt-to-equity ratio of 1.33, a current ratio of 10.77 and a quick ratio of 0.30.

William Lyon Homes (NYSE:WLH) last announced its quarterly earnings data on Tuesday, October 31st. The construction company reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.04. The business had revenue of $490.34 million for the quarter, compared to analyst estimates of $486.57 million. William Lyon Homes had a net margin of 3.61% and a return on equity of 9.33%. The company’s revenue was up 43.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 EPS. equities research analysts predict that William Lyon Homes will post 2.18 earnings per share for the current fiscal year.

Several research firms have issued reports on WLH. UBS raised their price target on shares of William Lyon Homes from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Wedbush reaffirmed a “neutral” rating and set a $27.00 price target (up from $22.00) on shares of William Lyon Homes in a research note on Wednesday, November 1st. Finally, Zelman & Associates raised shares of William Lyon Homes from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company’s stock. William Lyon Homes currently has an average rating of “Hold” and a consensus price target of $27.88.

Several hedge funds have recently made changes to their positions in WLH. Quantbot Technologies LP purchased a new position in shares of William Lyon Homes during the 2nd quarter worth about $122,000. Municipal Employees Retirement System of Michigan purchased a new position in shares of William Lyon Homes during the 2nd quarter worth about $133,000. Victory Capital Management Inc. lifted its holdings in shares of William Lyon Homes by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock worth $142,000 after acquiring an additional 884 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in shares of William Lyon Homes by 61.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,810 shares of the construction company’s stock worth $164,000 after acquiring an additional 2,603 shares during the period. Finally, SG Americas Securities LLC purchased a new position in shares of William Lyon Homes during the 3rd quarter worth about $193,000. Institutional investors and hedge funds own 98.13% of the company’s stock.

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William Lyon Homes Company Profile

William Lyon Homes is primarily engaged in the design, construction and sale of single family detached and attached homes in California, Arizona and Nevada. The Company conducts its homebuilding operations through four reportable operating segments: Southern California, Northern California, Arizona and Nevada.

Insider Buying and Selling by Quarter for William Lyon Homes (NYSE:WLH)

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