Gmt Capital Corp Sells 31,200 Shares of William Lyon Homes (WLH) Stock

William Lyon Homes (NYSE:WLH) major shareholder Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $29.18, for a total value of $910,416.00. Following the completion of the transaction, the insider now owns 3,647,217 shares of the company’s stock, valued at $106,425,792.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

  • On Thursday, December 21st, Gmt Capital Corp sold 6,049 shares of William Lyon Homes stock. The stock was sold at an average price of $28.38, for a total value of $171,670.62.
  • On Monday, December 18th, Gmt Capital Corp sold 35,551 shares of William Lyon Homes stock. The stock was sold at an average price of $28.86, for a total value of $1,026,001.86.
  • On Tuesday, December 12th, Gmt Capital Corp sold 26,100 shares of William Lyon Homes stock. The stock was sold at an average price of $28.82, for a total value of $752,202.00.

Shares of William Lyon Homes (WLH) traded up $1.43 during mid-day trading on Wednesday, reaching $30.51. The company’s stock had a trading volume of 801,900 shares, compared to its average volume of 950,500. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.30 and a current ratio of 10.77. William Lyon Homes has a 12 month low of $16.37 and a 12 month high of $30.79. The firm has a market capitalization of $925.33, a P/E ratio of 19.94 and a beta of 1.81.

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

WLH has been the subject of a number of research reports. UBS Group assumed coverage on William Lyon 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 upgraded William Lyon Homes from a “hold” rating to a “buy” rating in a research note on Friday, October 27th. Wedbush restated a “neutral” rating and issued a $27.00 target price (up from $22.00) on shares of William Lyon Homes in a research note on Wednesday, November 1st. Finally, ValuEngine upgraded William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research note on Sunday. One analyst has rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $28.88.

Hedge funds have recently modified their holdings of the business. Quantbot Technologies LP acquired a new position in William Lyon Homes in the second quarter valued at approximately $122,000. Municipal Employees Retirement System of Michigan bought a new stake in shares of William Lyon Homes during the second quarter valued at approximately $133,000. Victory Capital Management Inc. raised its holdings in shares of William Lyon Homes by 17.6% during the second quarter. Victory Capital Management Inc. now owns 5,896 shares of the construction company’s stock valued at $142,000 after buying an additional 884 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of William Lyon Homes by 61.9% during the second quarter. BNP Paribas Arbitrage SA now owns 6,810 shares of the construction company’s stock valued at $164,000 after buying an additional 2,603 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of William Lyon Homes during the third quarter valued at approximately $193,000. Institutional investors own 98.22% of the company’s stock.

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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.

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

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