Public Sector Pension investment Board Has $292,000 Stake in Lyon William Homes (WLH)

Public Sector Pension investment Board cut its position in Lyon William Homes (NYSE:WLH) by 26.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,100 shares of the construction company’s stock after selling 4,400 shares during the quarter. Public Sector Pension investment Board’s holdings in Lyon William Homes were worth $292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in shares of Lyon William Homes by 21.0% in the first quarter. Dimensional Fund Advisors LP now owns 2,269,188 shares of the construction company’s stock valued at $46,791,000 after purchasing an additional 393,633 shares during the period. Ameriprise Financial Inc. boosted its stake 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 purchasing an additional 430,096 shares during the period. Vanguard Group Inc. boosted its stake in shares of 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 valued at $25,221,000 after purchasing an additional 353,435 shares during the period. Tricadia Capital Management LLC boosted its stake in shares of Lyon William Homes by 6.5% in the second quarter. Tricadia Capital Management LLC now owns 1,104,047 shares of the construction company’s stock valued at $26,652,000 after purchasing an additional 67,400 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Lyon William Homes by 9.5% in the first quarter. Goldman Sachs Group Inc. now owns 994,921 shares of the construction company’s stock valued at $20,516,000 after purchasing an additional 85,970 shares during the period.

Shares of Lyon William Homes (WLH) opened at 23.17 on Friday. The firm has a market capitalization of $740.19 million, a PE ratio of 19.94 and a beta of 1.74. Lyon William Homes has a 12-month low of $15.60 and a 12-month high of $25.18. The company has a 50-day moving average of $23.31 and a 200 day moving average of $22.78.

Lyon William Homes (NYSE:WLH) last announced its quarterly earnings data on Monday, August 7th. The construction company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $422.69 million for the quarter, compared to the consensus estimate of $424.86 million. Lyon William Homes had a net margin of 3.01% and a return on equity of 7.72%. Lyon William Homes’s quarterly revenue was up 29.8% on a year-over-year basis. During the same quarter last year, the company posted $0.38 earnings per share. On average, analysts predict that Lyon William Homes will post $1.96 EPS for the current year.

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In other news, major shareholder Gmt Capital Corp sold 1,700 shares of the firm’s stock in a transaction on Wednesday, July 26th. The shares were sold at an average price of $23.38, for a total value of $39,746.00. Following the sale, the insider now owns 3,865,617 shares in the company, valued at $90,378,125.46. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Gary H. Hunt sold 8,500 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $22.87, for a total transaction of $194,395.00. Following the completion of the sale, the director now owns 31,798 shares in the company, valued at approximately $727,220.26. The disclosure for this sale can be found here. In the last 90 days, insiders sold 3,544,366 shares of company stock worth $84,308,201. 21.33% of the stock is currently owned by corporate insiders.

Several research analysts have recently weighed in on WLH shares. Zacks Investment Research downgraded shares of Lyon William Homes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub downgraded shares of Lyon William Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Citigroup Inc. restated a “buy” rating and issued a $27.50 target price (up from $27.00) on shares of Lyon William Homes in a research note on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $24.83.

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.

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

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