William Lyon Homes (NYSE:WLH) Major Shareholder Gmt Capital Corp Sells 35,551 Shares

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 35,551 shares of William Lyon Homes stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $28.86, for a total value of $1,026,001.86. Following the completion of the transaction, the insider now owns 3,696,086 shares in the company, valued at approximately $106,669,041.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

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

  • On Friday, January 5th, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The shares were sold at an average price of $30.99, for a total value of $966,888.00.
  • On Tuesday, January 2nd, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The shares were sold at an average price of $29.18, for a total value of $910,416.00.
  • On Thursday, December 21st, Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock. The shares were sold at an average price of $28.38, for a total value of $171,670.62.
  • 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 value of $752,202.00.

William Lyon Homes (WLH) opened at $32.01 on Friday. The company has a quick ratio of 0.30, a current ratio of 10.77 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $1,029.69, a P/E ratio of 20.92 and a beta of 1.81. William Lyon Homes has a 12 month low of $16.37 and a 12 month high of $32.95.

William Lyon Homes (NYSE:WLH) last issued its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.04. William Lyon Homes had a return on equity of 9.33% and a net margin of 3.61%. The firm had revenue of $490.34 million for the quarter, compared to analyst estimates of $486.57 million. During the same period in the previous year, the firm earned $0.34 earnings per share. The company’s revenue was up 43.1% compared to the same quarter last year. analysts predict that William Lyon Homes will post 2.17 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the business. Quantbot Technologies LP acquired a new position in William Lyon Homes in the second quarter valued at approximately $122,000. Municipal Employees Retirement System of Michigan acquired a new position in William Lyon Homes in the second quarter valued at approximately $133,000. Victory Capital Management Inc. lifted its stake in William Lyon Homes by 17.6% in the second quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock valued at $142,000 after buying an additional 884 shares during the period. BNP Paribas Arbitrage SA lifted its stake in William Lyon Homes by 61.9% in the second quarter. BNP Paribas Arbitrage SA now owns 6,810 shares of the construction company’s stock valued at $164,000 after buying an additional 2,603 shares during the period. Finally, SG Americas Securities LLC acquired a new position in William Lyon Homes in the third quarter valued at approximately $193,000. 98.22% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently weighed in on the company. Wedbush restated a “neutral” rating and set a $31.00 price target (up from $27.00) on shares of William Lyon Homes in a report on Friday, December 29th. Zelman & Associates upgraded William Lyon Homes from a “hold” rating to a “buy” rating in a report on Friday, October 27th. Citigroup cut William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a report on Thursday, January 4th. UBS Group lifted their price objective on William Lyon Homes from $25.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 1st. Finally, ValuEngine raised William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. One research analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $30.75.

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About William Lyon Homes

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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