William Lyon Homes (WLH) Major Shareholder Gmt Capital Corp Sells 31,200 Shares

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 31,200 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $29.18, for a total transaction of $910,416.00. Following the sale, the insider now directly owns 3,647,217 shares of the company’s stock, valued at approximately $106,425,792.06. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Major shareholders that own 10% or more 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 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 (WLH) traded up $1.77 during trading hours on Thursday, reaching $32.28. 962,200 shares of the company’s stock traded hands, compared to its average volume of 882,050. 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 has a one year low of $16.37 and a one year high of $32.95. The firm has a market capitalization of $970.83, a P/E ratio of 21.10 and a beta of 1.81.

William Lyon Homes (NYSE:WLH) last released its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $486.57 million. During the same quarter last year, the company earned $0.34 earnings per share. The business’s quarterly revenue was up 43.1% compared to the same quarter last year. equities research analysts anticipate that William Lyon Homes will post 2.17 EPS for the current year.

Several hedge funds have recently added to or reduced their stakes in WLH. Municipal Employees Retirement System of Michigan acquired a new stake in shares of William Lyon Homes during the second quarter worth approximately $133,000. Great West Life Assurance Co. Can grew its position in shares of William Lyon Homes by 6.7% during the second quarter. Great West Life Assurance Co. Can now owns 34,834 shares of the construction company’s stock worth $841,000 after buying an additional 2,200 shares in the last quarter. Beach Investment Management LLC. bought a new position in William Lyon Homes during the second quarter worth $1,339,000. Schwab Charles Investment Management Inc. lifted its stake in William Lyon Homes by 1.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 121,964 shares of the construction company’s stock worth $2,945,000 after purchasing an additional 1,177 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in William Lyon Homes by 0.8% during the second quarter. Arizona State Retirement System now owns 12,300 shares of the construction company’s stock worth $297,000 after purchasing an additional 100 shares during the last quarter. 98.13% of the stock is owned by institutional investors and hedge funds.

WLH has been the subject of a number of research analyst reports. UBS Group initiated coverage on shares of William Lyon Homes in a research report on Wednesday, October 25th. They set a “neutral” rating and a $25.00 target price for the company. Zelman & Associates raised shares of William Lyon Homes from a “hold” rating to a “buy” rating in a research report on Friday, October 27th. Wedbush reissued a “neutral” rating and set a $27.00 target price (up previously from $22.00) on shares of William Lyon Homes in a research report on Wednesday, November 1st. ValuEngine raised shares of William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research report on Sunday. Finally, Citigroup downgraded shares of William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a research report on Thursday. One analyst has rated the stock with a sell rating, five have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. William Lyon Homes presently has a consensus rating of “Hold” and an average price target of $30.75.

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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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