Lyon William Homes (NYSE:WLH) had its price target increased by UBS AG from $25.00 to $30.00 in a report issued on Wednesday, November 1st, www.benzinga.com reports. The firm currently has a neutral rating on the construction company’s stock.
A number of other equities research analysts have also issued reports on the company. Zacks Investment Research lowered Lyon William Homes from a strong-buy rating to a hold rating in a research note on Tuesday, July 18th. BidaskClub lowered Lyon William Homes from a buy rating to a hold rating in a research note on Wednesday, July 19th. Citigroup Inc. reiterated a buy rating and issued a $27.50 target price (up previously from $27.00) on shares of Lyon William Homes in a research note on Tuesday, July 18th. Zelman & Associates upgraded Lyon William Homes from a hold rating to a buy rating in a research note on Friday, October 27th. Finally, Wedbush reiterated a neutral rating and issued a $27.00 target price (up previously from $22.00) on shares of Lyon William Homes in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus price target of $27.88.
Shares of Lyon William Homes (NYSE:WLH) traded down $0.10 during trading hours on Wednesday, reaching $28.18. The company’s stock had a trading volume of 221,100 shares, compared to its average volume of 323,178. The firm has a market capitalization of $901.18, a price-to-earnings ratio of 14.81 and a beta of 1.79. 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 12 month low of $16.37 and a 12 month high of $29.94.
Lyon William Homes (NYSE:WLH) last announced its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.04. The company had revenue of $490.34 million during the quarter, compared to analyst estimates of $486.57 million. Lyon William Homes had a return on equity of 9.33% and a net margin of 3.61%. The firm’s revenue was up 43.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.34 earnings per share. research analysts predict that Lyon William Homes will post 2.18 EPS for the current year.
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In related news, major shareholder Gmt Capital Corp sold 41,600 shares of the firm’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $24.35, for a total value of $1,012,960.00. Following the sale, the insider now owns 3,751,217 shares of the company’s stock, valued at approximately $91,342,133.95. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, major shareholder Paulson Property Management Ii sold 3,322,666 shares of the firm’s stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $23.81, for a total value of $79,112,677.46. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,372,766 shares of company stock worth $80,320,032. 22.30% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue increased its position in shares of Lyon William Homes by 79.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,663 shares of the construction company’s stock valued at $112,000 after purchasing an additional 2,063 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Lyon William Homes by 79.9% during the 1st quarter. Victory Capital Management Inc. now owns 5,012 shares of the construction company’s stock worth $103,000 after acquiring an additional 2,226 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Lyon William Homes during the 2nd quarter worth $122,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of Lyon William Homes during the 2nd quarter worth $133,000. Finally, BNP Paribas Arbitrage SA boosted its stake in shares of Lyon William Homes by 61.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 6,810 shares of the construction company’s stock worth $164,000 after acquiring an additional 2,603 shares in the last quarter. Hedge funds and other institutional investors own 98.74% of the company’s stock.
Lyon William 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.
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