William Lyon Homes (WLH) Major Shareholder Gmt Capital Corp Sells 6,049 Shares of Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 6,049 shares of the business’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $28.38, for a total transaction of $171,670.62. Following the completion of the sale, the insider now directly owns 3,678,417 shares of the company’s stock, valued at approximately $104,393,474.46. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Gmt Capital Corp also recently made the following trade(s):

  • On Monday, December 18th, Gmt Capital Corp sold 35,551 shares of William Lyon Homes stock. The shares were sold at an average price of $28.86, for a total transaction of $1,026,001.86.
  • On Tuesday, December 12th, Gmt Capital Corp sold 26,100 shares of William Lyon Homes stock. The shares were sold at an average price of $28.82, for a total transaction of $752,202.00.

William Lyon Homes (NYSE:WLH) traded down $0.39 during midday trading on Friday, reaching $27.97. 213,940 shares of the company’s stock were exchanged, compared to its average volume of 351,501. The company has a quick ratio of 0.30, a current ratio of 10.77 and a debt-to-equity ratio of 1.33. The company has a market cap of $877.80, a P/E ratio of 18.28 and a beta of 2.14. William Lyon Homes has a 52-week low of $16.37 and a 52-week high of $30.79.

William Lyon Homes (NYSE:WLH) last issued its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.04. William Lyon Homes had a net margin of 3.61% and a return on equity of 9.33%. The company had revenue of $490.34 million during the quarter, compared to the consensus estimate of $486.57 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The firm’s quarterly revenue was up 43.1% on a year-over-year basis. research analysts forecast that William Lyon Homes will post 2.17 earnings per share for the current fiscal year.

Several institutional investors have recently modified their holdings of WLH. Ameriprise Financial Inc. lifted its holdings in shares of William Lyon Homes by 28.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,921,277 shares of the construction company’s stock worth $46,378,000 after acquiring an additional 430,096 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of William Lyon Homes by 8.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,452,175 shares of the construction company’s stock worth $59,195,000 after acquiring an additional 182,987 shares during the period. Real Estate Management Services LLC lifted its holdings in shares of William Lyon Homes by 33.8% during the 3rd quarter. Real Estate Management Services LLC now owns 703,417 shares of the construction company’s stock worth $16,172,000 after acquiring an additional 177,526 shares during the period. BBT Capital Management LLC lifted its holdings in shares of William Lyon Homes by 37.7% during the 3rd quarter. BBT Capital Management LLC now owns 598,549 shares of the construction company’s stock worth $13,761,000 after acquiring an additional 163,888 shares during the period. Finally, Systematic Financial Management LP bought a new stake in shares of William Lyon Homes during the 2nd quarter worth approximately $3,170,000. 98.13% of the stock is owned by institutional investors.

A number of analysts have issued reports on the stock. UBS boosted their price objective on shares of William Lyon Homes from $25.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, November 1st. Wedbush reissued a “neutral” rating and issued a $27.00 price objective (up previously from $22.00) on shares of William Lyon Homes in a report on Wednesday, November 1st. Finally, Zelman & Associates raised shares of William Lyon Homes from a “hold” rating to a “buy” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. William Lyon Homes has an average rating of “Hold” and a consensus target price of $27.88.

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About William Lyon 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.

Insider Buying and Selling by Quarter for William Lyon Homes (NYSE:WLH)

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