Royce & Associates LP Has $7.52 Million Holdings in William Lyon Homes (WLH)

Royce & Associates LP raised its holdings in shares of William Lyon Homes (NYSE:WLH) by 24.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 473,341 shares of the construction company’s stock after purchasing an additional 92,700 shares during the period. Royce & Associates LP owned 1.25% of William Lyon Homes worth $7,521,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in WLH. OppenheimerFunds Inc. increased its position in shares of William Lyon Homes by 13.2% during the second quarter. OppenheimerFunds Inc. now owns 47,815 shares of the construction company’s stock valued at $1,109,000 after acquiring an additional 5,559 shares in the last quarter. Swiss National Bank increased its position in shares of William Lyon Homes by 21.8% during the second quarter. Swiss National Bank now owns 59,700 shares of the construction company’s stock valued at $1,385,000 after acquiring an additional 10,700 shares in the last quarter. Real Estate Management Services LLC increased its position in shares of William Lyon Homes by 65.3% during the third quarter. Real Estate Management Services LLC now owns 972,160 shares of the construction company’s stock valued at $15,448,000 after acquiring an additional 384,121 shares in the last quarter. BlackRock Inc. increased its position in shares of William Lyon Homes by 3.8% during the second quarter. BlackRock Inc. now owns 4,936,863 shares of the construction company’s stock valued at $114,535,000 after acquiring an additional 180,513 shares in the last quarter. Finally, Kaizen Advisory LLC bought a new stake in shares of William Lyon Homes during the third quarter valued at approximately $784,000. 88.89% of the stock is owned by institutional investors and hedge funds.

WLH has been the subject of several analyst reports. Zacks Investment Research raised shares of William Lyon Homes from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 21st. Citigroup set a $15.00 target price on shares of William Lyon Homes and gave the stock a “hold” rating in a report on Monday, November 5th. Finally, Wedbush cut shares of William Lyon Homes from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $35.00 to $22.00 in a report on Thursday, September 20th. One analyst has rated the stock with a sell rating and four have issued a hold rating to the company. The company currently has an average rating of “Hold” and an average price target of $25.25.

In other news, major shareholder Gmt Capital Corp sold 166,600 shares of William Lyon Homes stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $12.17, for a total transaction of $2,027,522.00. Following the transaction, the insider now owns 3,432,042 shares in the company, valued at approximately $41,767,951.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Matthew R. Zaist purchased 8,000 shares of the company’s stock in a transaction dated Friday, November 16th. The shares were acquired at an average price of $11.60 per share, for a total transaction of $92,800.00. Following the purchase, the chief executive officer now directly owns 319,912 shares in the company, valued at $3,710,979.20. The disclosure for this purchase can be found here. Insiders sold 308,702 shares of company stock worth $3,719,810 in the last 90 days. 21.33% of the stock is currently owned by corporate insiders.

Shares of WLH stock opened at $11.74 on Friday. William Lyon Homes has a 12-month low of $11.10 and a 12-month high of $32.95. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.14 and a current ratio of 6.30. The company has a market capitalization of $445.88 million, a P/E ratio of 4.88 and a beta of 1.53.

William Lyon Homes (NYSE:WLH) last issued its earnings results on Tuesday, October 30th. The construction company reported $0.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.02. William Lyon Homes had a net margin of 3.37% and a return on equity of 10.33%. The company had revenue of $534.70 million for the quarter, compared to analysts’ expectations of $568.84 million. During the same quarter last year, the company posted $0.71 earnings per share. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. As a group, equities analysts predict that William Lyon Homes will post 2.62 EPS for the current year.

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William Lyon Homes Company Profile

William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, and Oregon. It sells its homes primarily to entry-level, and first-time and second-time move-up homebuyers, as well as to luxury home and active adult markets under the Village Homes and Polygon Northwest Homes brands through in-house commissioned sales personnel and outside brokers.

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

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