Arizona State Retirement System increased its position in shares of William Lyon Homes (NYSE:WLH) by 18.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 48,103 shares of the construction company’s stock after buying an additional 7,554 shares during the period. Arizona State Retirement System’s holdings in William Lyon Homes were worth $764,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Piedmont Investment Advisors LLC purchased a new stake in William Lyon Homes during the second quarter worth $152,000. SG Americas Securities LLC purchased a new stake in William Lyon Homes during the second quarter worth $193,000. Eqis Capital Management Inc. purchased a new stake in William Lyon Homes during the second quarter worth $202,000. Public Employees Retirement System of Ohio boosted its holdings in William Lyon Homes by 38.2% during the second quarter. Public Employees Retirement System of Ohio now owns 17,010 shares of the construction company’s stock worth $395,000 after buying an additional 4,703 shares in the last quarter. Finally, Cubist Systematic Strategies LLC boosted its holdings in William Lyon Homes by 101.2% during the second quarter. Cubist Systematic Strategies LLC now owns 19,419 shares of the construction company’s stock worth $451,000 after buying an additional 9,767 shares in the last quarter. 81.80% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE WLH opened at $11.57 on Friday. The company has a current ratio of 6.30, a quick ratio of 0.14 and a debt-to-equity ratio of 1.52. The firm has a market cap of $455.31 million, a P/E ratio of 5.24 and a beta of 1.51. William Lyon Homes has a 1 year low of $11.10 and a 1 year high of $32.95.

William Lyon Homes (NYSE:WLH) last posted its quarterly earnings data on Tuesday, October 30th. The construction company reported $0.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.66 by $0.02. The company had revenue of $534.70 million during the quarter, compared to analysts’ expectations of $568.84 million. William Lyon Homes had a net margin of 3.37% and a return on equity of 10.33%. The firm’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.71 earnings per share. On average, research analysts anticipate that William Lyon Homes will post 2.62 EPS for the current year.

WLH has been the topic of a number of recent analyst reports. Citigroup set a $15.00 price target on shares of William Lyon Homes and gave the stock a “hold” rating in a report on Monday, November 5th. Zacks Investment Research raised shares of William Lyon Homes from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. ValuEngine downgraded shares of William Lyon Homes from a “sell” rating to a “strong sell” rating in a report on Thursday, August 2nd. Finally, Wedbush downgraded shares of William Lyon Homes from an “outperform” rating to a “neutral” rating and lowered their price target for the stock from $35.00 to $22.00 in a report on Thursday, September 20th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $25.25.

In other William Lyon Homes news, major shareholder Gmt Capital Corp sold 166,600 shares of the company’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $12.17, for a total transaction of $2,027,522.00. Following the completion of the transaction, the insider now directly owns 3,432,042 shares in the company, valued at $41,767,951.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 22.13% of the company’s stock.

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William Lyon Homes Profile

William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, and Oregon. It sells its homes primarily to entry-level, and first-time and second-time move-up homebuyers, as well as to luxury home and active adult markets under the Village Homes and Polygon Northwest Homes brands through in-house commissioned sales personnel and outside brokers.

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Institutional Ownership by Quarter for William Lyon Homes (NYSE:WLH)

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