Thrivent Financial for Lutherans raised its position in shares of William Lyon Homes (NYSE:WLH) by 18.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 23,212 shares of the construction company’s stock after purchasing an additional 3,667 shares during the quarter. Thrivent Financial for Lutherans owned 0.06% of William Lyon Homes worth $248,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Globeflex Capital L P boosted its position in shares of William Lyon Homes by 169.5% during the fourth quarter. Globeflex Capital L P now owns 9,066 shares of the construction company’s stock worth $97,000 after buying an additional 5,702 shares during the period. Jane Street Group LLC acquired a new stake in shares of William Lyon Homes in the fourth quarter valued at $159,000. Municipal Employees Retirement System of Michigan acquired a new stake in shares of William Lyon Homes in the fourth quarter valued at $330,000. Metropolitan Life Insurance Co. NY raised its stake in shares of William Lyon Homes by 361.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,444 shares of the construction company’s stock valued at $112,000 after acquiring an additional 8,179 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of William Lyon Homes by 79.1% in the fourth quarter. Principal Financial Group Inc. now owns 1,760,520 shares of the construction company’s stock valued at $18,820,000 after acquiring an additional 777,409 shares in the last quarter. Institutional investors and hedge funds own 92.03% of the company’s stock.
William Lyon Homes stock opened at $16.38 on Wednesday. William Lyon Homes has a 1-year low of $9.85 and a 1-year high of $29.81. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.08 and a current ratio of 4.54. The firm has a market capitalization of $609.11 million, a price-to-earnings ratio of 6.77 and a beta of 1.66.
William Lyon Homes (NYSE:WLH) last posted its quarterly earnings results on Thursday, February 14th. The construction company reported $0.91 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.06 by ($0.15). William Lyon Homes had a net margin of 4.39% and a return on equity of 9.94%. The business had revenue of $659.65 million during the quarter, compared to analyst estimates of $715.62 million. During the same quarter in the prior year, the business earned $0.89 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. As a group, analysts anticipate that William Lyon Homes will post 2.04 earnings per share for the current fiscal year.
Several analysts have recently issued reports on the company. ValuEngine upgraded William Lyon Homes from a “strong sell” rating to a “sell” rating in a research note on Wednesday, April 10th. Zacks Investment Research cut William Lyon Homes from a “hold” rating to a “sell” rating in a research note on Tuesday, February 19th. Finally, Citigroup set a $15.00 price objective on William Lyon Homes and gave the company a “hold” rating in a research note on Friday, February 15th.
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About William Lyon Homes
William Lyon Homes, together with its subsidiaries, designs, constructs, markets, and sells single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington, Oregon, and Texas. It sells its homes primarily to entry-level, first-time move-up, and second-time move-up homebuyers.
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