William Lyon Homes (NYSE:WLH) Major Shareholder Sells $966,888.00 in Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 31,200 shares of the business’s stock in a transaction that occurred on Friday, January 5th. The shares were sold at an average price of $30.99, for a total transaction of $966,888.00. Following the transaction, the insider now directly owns 3,616,017 shares of the company’s stock, valued at $112,060,366.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own more than 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 Monday, January 29th, Gmt Capital Corp sold 34,300 shares of William Lyon Homes stock. The shares were sold at an average price of $29.23, for a total transaction of $1,002,589.00.
  • On Monday, January 22nd, Gmt Capital Corp sold 41,600 shares of William Lyon Homes stock. The stock was sold at an average price of $32.13, for a total transaction of $1,336,608.00.
  • On Tuesday, January 16th, Gmt Capital Corp sold 44,700 shares of William Lyon Homes stock. The stock was sold at an average price of $31.76, for a total transaction of $1,419,672.00.
  • On Tuesday, January 2nd, Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock. The stock was sold at an average price of $29.18, for a total transaction of $910,416.00.
  • On Thursday, December 21st, Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock. The stock was sold at an average price of $28.38, for a total transaction of $171,670.62.
  • On Monday, December 18th, Gmt Capital Corp sold 35,551 shares of William Lyon Homes stock. The stock was sold at an average price of $28.86, for a total transaction of $1,026,001.86.
  • 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.

Shares of William Lyon Homes (NYSE WLH) traded up $0.19 on Thursday, hitting $27.34. 378,579 shares of the stock traded hands, compared to its average volume of 408,608. William Lyon Homes has a 1-year low of $16.80 and a 1-year high of $32.95. The stock has a market capitalization of $877.60, a P/E ratio of 17.87 and a beta of 1.81. The company has a current ratio of 10.77, a quick ratio of 0.30 and a debt-to-equity ratio of 1.33.

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

A number of brokerages recently weighed in on WLH. UBS Group restated a “neutral” rating and set a $33.00 target price (up previously from $30.00) on shares of William Lyon Homes in a research report on Wednesday, January 17th. Zacks Investment Research raised shares of William Lyon Homes from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Citigroup downgraded shares of William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 price target on the stock. in a research note on Thursday, January 4th. ValuEngine raised shares of William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Finally, Wedbush reaffirmed a “neutral” rating and set a $31.00 price target (up previously from $27.00) on shares of William Lyon Homes in a research note on Friday, December 29th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $31.50.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in shares of William Lyon Homes by 8.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,452,175 shares of the construction company’s stock valued at $59,195,000 after acquiring an additional 182,987 shares during the period. Ameriprise Financial Inc. increased its stake in William Lyon Homes by 5.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,025,847 shares of the construction company’s stock worth $46,573,000 after buying an additional 104,570 shares during the period. Vanguard Group Inc. increased its stake in William Lyon Homes by 5.7% in the 2nd quarter. Vanguard Group Inc. now owns 1,293,392 shares of the construction company’s stock worth $31,223,000 after buying an additional 70,240 shares during the period. Tricadia Capital Management LLC increased its stake in William Lyon Homes by 6.5% in the 2nd quarter. Tricadia Capital Management LLC now owns 1,104,047 shares of the construction company’s stock worth $26,652,000 after buying an additional 67,400 shares during the period. Finally, State Street Corp increased its stake in William Lyon Homes by 1.7% in the 2nd quarter. State Street Corp now owns 815,861 shares of the construction company’s stock worth $19,692,000 after buying an additional 13,477 shares during the period. 98.27% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY WARNING: “William Lyon Homes (NYSE:WLH) Major Shareholder Sells $966,888.00 in Stock” was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this report on another site, it was stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this report can be viewed at https://www.dispatchtribunal.com/2018/02/01/gmt-capital-corp-sells-31200-shares-of-william-lyon-homes-wlh-stock.html.

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)

Receive News & Ratings for William Lyon Homes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for William Lyon Homes and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply