William Lyon Homes Target of Unusually High Options Trading (WLH)
William Lyon Homes (NYSE:WLH) saw unusually large options trading on Wednesday. Stock investors bought 822 call options on the stock. This is an increase of approximately Infinity compared to the average daily volume of 0 call options.
Shares of William Lyon Homes (NYSE:WLH) opened at $27.36 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 10.77 and a quick ratio of 0.26. The stock has a market capitalization of $874.41 million, a P/E ratio of 14.52 and a beta of 2.14. William Lyon Homes has a 52 week low of $15.60 and a 52 week high of $29.94.
William Lyon Homes (NYSE:WLH) last posted its quarterly earnings results on Tuesday, October 31st. The construction company reported $0.71 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.04. The business had revenue of $490.34 million for the quarter, compared to the consensus estimate of $486.57 million. William Lyon Homes had a return on equity of 9.33% and a net margin of 3.61%. The company’s quarterly revenue was up 43.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.34 EPS. equities analysts expect that William Lyon Homes will post 2.18 EPS for the current year.
In other news, Director Gary H. Hunt sold 8,500 shares of the business’s stock in a transaction dated 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 transaction, the director now owns 31,798 shares of the company’s stock, valued at $727,220.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Gmt Capital Corp sold 15,450 shares of the business’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $22.70, for a total value of $350,715.00. Following the transaction, the insider now directly owns 3,829,367 shares of the company’s stock, valued at approximately $86,926,630.90. The disclosure for this sale can be found here. Insiders have sold 3,424,766 shares of company stock valued at $81,514,687 in the last three months. 21.33% of the stock is owned by insiders.
A number of institutional investors have recently bought and sold shares of WLH. Real Estate Management Services LLC grew its stake in William Lyon Homes by 536.7% during the 2nd quarter. Real Estate Management Services LLC now owns 525,891 shares of the construction company’s stock valued at $12,695,000 after purchasing an additional 443,291 shares during the last quarter. Ameriprise Financial Inc. grew its stake in 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 valued at $46,378,000 after purchasing an additional 430,096 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in William Lyon Homes by 21.0% during the 1st 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 last quarter. Vanguard Group Inc. grew its stake in William Lyon Homes by 40.6% during the 1st 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 last quarter. Finally, Principal Financial Group Inc. purchased a new stake in William Lyon Homes during the 1st quarter valued at about $3,674,000. Institutional investors and hedge funds own 98.75% of the company’s stock.
Several analysts have issued reports on WLH shares. Zacks Investment Research lowered William Lyon Homes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Citigroup Inc reaffirmed a “buy” rating and issued a $27.50 target price (up previously from $27.00) on shares of William Lyon Homes in a research note on Tuesday, July 18th. BidaskClub lowered William Lyon Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. UBS Group AG (USA) started coverage on William Lyon Homes in a research note on Wednesday, October 25th. They issued a “neutral” rating and a $25.00 target price for the company. Finally, Zelman & Associates raised William Lyon Homes from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. One research 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’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $27.88.
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William Lyon 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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