Lyon William Homes (WLH) Stake Increased by Vanguard Group Inc.
Vanguard Group Inc. raised its stake in Lyon William Homes (NYSE:WLH) by 40.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,223,152 shares of the construction company’s stock after buying an additional 353,435 shares during the period. Vanguard Group Inc. owned approximately 3.83% of Lyon William Homes worth $25,221,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in WLH. Falcon Point Capital LLC boosted its position in shares of Lyon William Homes by 35.1% in the first quarter. Falcon Point Capital LLC now owns 798,813 shares of the construction company’s stock worth $16,472,000 after buying an additional 207,568 shares during the last quarter. Algert Global LLC purchased a new position in shares of Lyon William Homes during the first quarter worth approximately $1,438,000. State Board of Administration of Florida Retirement System boosted its position in shares of Lyon William Homes by 26.3% in the first quarter. State Board of Administration of Florida Retirement System now owns 16,061 shares of the construction company’s stock worth $331,000 after buying an additional 3,347 shares during the last quarter. LSV Asset Management boosted its position in shares of Lyon William Homes by 14.1% in the first quarter. LSV Asset Management now owns 125,800 shares of the construction company’s stock worth $2,593,000 after buying an additional 15,500 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its position in shares of Lyon William Homes by 1,390.1% in the first quarter. Great West Life Assurance Co. Can now owns 32,634 shares of the construction company’s stock worth $672,000 after buying an additional 30,444 shares during the last quarter.
Shares of Lyon William Homes (NYSE:WLH) traded down 0.13% on Monday, hitting $22.57. The stock had a trading volume of 31,297 shares. The company has a market capitalization of $721.02 million, a PE ratio of 19.42 and a beta of 1.76. Lyon William Homes has a 1-year low of $15.21 and a 1-year high of $24.51. The firm has a 50-day moving average of $23.32 and a 200 day moving average of $21.58.
Lyon William Homes (NYSE:WLH) last announced its quarterly earnings results on Monday, August 7th. The construction company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. Lyon William Homes had a net margin of 3.01% and a return on equity of 7.72%. The company had revenue of $422.69 million for the quarter, compared to analysts’ expectations of $424.86 million. During the same quarter in the previous year, the company earned $0.38 earnings per share. Lyon William Homes’s quarterly revenue was up 29.8% on a year-over-year basis. On average, equities analysts anticipate that Lyon William Homes will post $1.96 earnings per share for the current fiscal year.
A number of research analysts have recently commented on the company. Zacks Investment Research upgraded Lyon William Homes from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. BidaskClub cut Lyon William Homes from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $27.50 price target (up from $27.00) on shares of Lyon William Homes in a research note on Tuesday, July 18th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $24.83.
In related news, major shareholder Gmt Capital Corp sold 23,349 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were sold at an average price of $23.33, for a total transaction of $544,732.17. Following the transaction, the insider now owns 4,328,417 shares in the company, valued at $100,981,968.61. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 552,693 shares of company stock worth $12,793,917 in the last quarter. 21.33% of the stock is owned by corporate insiders.
About Lyon William 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.
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