Lyon William Homes (NYSE:WLH) CEO Matthew R. Zaist sold 25,000 shares of the company’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $28.83, for a total value of $720,750.00. Following the completion of the transaction, the chief executive officer now owns 205,377 shares of the company’s stock, valued at $5,921,018.91. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Lyon William Homes (WLH) opened at $29.88 on Thursday. Lyon William Homes has a 1 year low of $16.37 and a 1 year high of $30.31. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.30 and a current ratio of 10.77. The stock has a market capitalization of $956.00, a PE ratio of 15.71 and a beta of 1.79.
Lyon William Homes (NYSE:WLH) last posted its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.04. Lyon William Homes had a return on equity of 9.33% and a net margin of 3.61%. The firm had revenue of $490.34 million during the quarter, compared to the consensus estimate of $486.57 million. During the same quarter in the previous year, the business earned $0.34 earnings per share. The firm’s quarterly revenue was up 43.1% compared to the same quarter last year. equities research analysts forecast that Lyon William Homes will post 2.18 EPS for the current year.
Hedge funds have recently bought and sold shares of the business. State of Alaska Department of Revenue grew its position in Lyon William Homes by 79.3% during the second quarter. State of Alaska Department of Revenue now owns 4,663 shares of the construction company’s stock valued at $112,000 after acquiring an additional 2,063 shares during the period. Quantbot Technologies LP purchased a new stake in Lyon William Homes during the second quarter valued at about $122,000. Municipal Employees Retirement System of Michigan purchased a new stake in shares of Lyon William Homes in the second quarter worth about $133,000. Victory Capital Management Inc. boosted its position in shares of Lyon William Homes by 17.6% in the second quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock worth $142,000 after buying an additional 884 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in shares of Lyon William Homes by 61.9% in the second quarter. BNP Paribas Arbitrage SA now owns 6,810 shares of the construction company’s stock worth $164,000 after buying an additional 2,603 shares during the period. 98.01% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts recently commented on WLH shares. BidaskClub lowered Lyon William Homes from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research upgraded Lyon William Homes from a “hold” rating to a “strong-buy” rating and set a $27.00 target price for the company in a research note on Friday, August 11th. UBS Group AG initiated coverage on Lyon William Homes in a research report on Wednesday, October 25th. They set a “neutral” rating and a $25.00 price target for the company. Zelman & Associates raised Lyon William Homes from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Finally, Wedbush reissued a “neutral” rating and set a $27.00 price target (up previously from $22.00) on shares of Lyon William Homes in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $27.88.
Lyon William 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.
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