Matthew R. Zaist Sells 25,000 Shares of Lyon William Homes (WLH) Stock
Lyon William Homes (NYSE:WLH) CEO Matthew R. Zaist sold 25,000 shares of Lyon William Homes 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 transaction, the chief executive officer now directly owns 205,377 shares of the company’s stock, valued at $5,921,018.91. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Lyon William Homes (NYSE:WLH) traded up $0.30 during trading on Tuesday, hitting $30.01. The company had a trading volume of 438,091 shares, compared to its average volume of 323,401. The company has a debt-to-equity ratio of 1.33, a current ratio of 10.77 and a quick ratio of 0.30. Lyon William Homes has a fifty-two week low of $16.37 and a fifty-two week high of $30.31. The company has a market capitalization of $939.68, a PE ratio of 15.23 and a beta of 2.14.
Lyon William Homes (NYSE:WLH) last released 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 business had revenue of $490.34 million during the quarter, compared to analysts’ expectations of $486.57 million. During the same period in the previous year, the business posted $0.34 earnings per share. The firm’s revenue for the quarter was up 43.1% compared to the same quarter last year. equities analysts predict that Lyon William Homes will post 2.18 EPS for the current fiscal year.
WLH has been the subject of a number of analyst reports. UBS AG initiated coverage on Lyon William Homes in a report on Wednesday, October 25th. They set a “neutral” rating and a $25.00 price objective for the company. Zelman & Associates raised Lyon William Homes from a “hold” rating to a “buy” rating in a report on Friday, October 27th. BidaskClub cut Lyon William Homes from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Wedbush reaffirmed a “neutral” rating and issued a $27.00 price target (up from $22.00) on shares of Lyon William Homes in a report on Wednesday, November 1st. Finally, Zacks Investment Research raised Lyon William Homes from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a report on Friday, August 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $27.88.
Several institutional investors have recently added to or reduced their stakes in WLH. Ameriprise Financial Inc. raised its holdings in shares of Lyon William Homes by 28.8% in the second quarter. Ameriprise Financial Inc. now owns 1,921,277 shares of the construction company’s stock valued at $46,378,000 after buying an additional 430,096 shares during the last quarter. Vanguard Group Inc. increased its position in Lyon William Homes by 40.6% in the first quarter. Vanguard Group Inc. now owns 1,223,152 shares of the construction company’s stock worth $25,221,000 after purchasing an additional 353,435 shares during the period. Dimensional Fund Advisors LP increased its position in Lyon William Homes by 8.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,452,175 shares of the construction company’s stock worth $59,195,000 after purchasing an additional 182,987 shares during the period. Real Estate Management Services LLC increased its position in Lyon William Homes by 33.8% in the third quarter. Real Estate Management Services LLC now owns 703,417 shares of the construction company’s stock worth $16,172,000 after purchasing an additional 177,526 shares during the period. Finally, BBT Capital Management LLC increased its position in Lyon William Homes by 37.7% in the third quarter. BBT Capital Management LLC now owns 598,549 shares of the construction company’s stock worth $13,761,000 after purchasing an additional 163,888 shares during the period. 98.01% of the stock is owned by institutional investors and hedge funds.
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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