Sei Investments Co. lowered its position in shares of Lyon William Homes (NYSE:WLH) by 24.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 59,873 shares of the construction company’s stock after selling 19,685 shares during the period. Sei Investments Co. owned 0.19% of Lyon William Homes worth $1,377,000 as of its most recent SEC filing.
A number of other large investors have also recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its stake in Lyon William Homes by 8.1% during the second quarter. Dimensional Fund Advisors LP now owns 2,452,175 shares of the construction company’s stock valued at $59,195,000 after acquiring an additional 182,987 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Lyon William Homes by 28.8% during the second quarter. Ameriprise Financial Inc. now owns 1,921,277 shares of the construction company’s stock valued at $46,378,000 after acquiring an additional 430,096 shares in the last quarter. Vanguard Group Inc. grew its stake in Lyon William Homes by 5.7% during the second quarter. Vanguard Group Inc. now owns 1,293,392 shares of the construction company’s stock valued at $31,223,000 after acquiring an additional 70,240 shares in the last quarter. Tricadia Capital Management LLC grew its stake in Lyon William Homes by 6.5% during 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 acquiring an additional 67,400 shares in the last quarter. Finally, State Street Corp grew its stake in Lyon William Homes by 1.7% during the second quarter. State Street Corp now owns 815,861 shares of the construction company’s stock valued at $19,692,000 after acquiring an additional 13,477 shares in the last quarter. 98.13% of the stock is owned by institutional investors.
A number of equities analysts have commented on WLH shares. UBS started coverage on shares of Lyon William Homes in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $25.00 price target for the company. Zelman & Associates raised shares of Lyon William Homes from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Wedbush reissued a “neutral” rating and issued a $27.00 price target (up previously from $22.00) on shares of Lyon William Homes in a research note on Wednesday, November 1st. Finally, Zacks Investment Research raised shares of Lyon William Homes from a “hold” rating to a “strong-buy” rating and set a $27.00 price target for the company in a research note on Friday, August 11th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $27.88.
Lyon William Homes (NYSE:WLH) last released its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.04. Lyon William Homes had a net margin of 3.61% and a return on equity of 9.33%. The business had revenue of $490.34 million during the quarter, compared to analysts’ expectations of $486.57 million. During the same quarter in the previous year, the company earned $0.34 EPS. The business’s quarterly revenue was up 43.1% compared to the same quarter last year. sell-side analysts forecast that Lyon William Homes will post 2.18 earnings per share for the current fiscal year.
In other news, Director Gary H. Hunt sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $29.33, for a total value of $73,325.00. Following the completion of the sale, the director now directly owns 29,298 shares in the company, valued at approximately $859,310.34. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colin T. Severn sold 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 28th. The stock was sold at an average price of $29.26, for a total transaction of $219,450.00. The disclosure for this sale can be found here. In the last three months, insiders sold 3,399,266 shares of company stock valued at $81,139,162. Corporate insiders own 21.33% of the company’s stock.
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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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