William Lyon Homes (NYSE:WLH) traded down 1.6% on Friday . The company traded as low as $16.60 and last traded at $16.74, with a volume of 64,319 shares changing hands. The stock had previously closed at $17.01.

A number of equities research analysts have weighed in on the stock. Citigroup Inc. upped their price target on shares of William Lyon Homes from $19.00 to $20.00 and gave the company a “buy” rating in a report on Monday, August 8th. Credit Suisse Group AG reissued a “buy” rating on shares of William Lyon Homes in a report on Tuesday, July 12th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $20.00.

The stock has a 50 day moving average of $17.03 and a 200-day moving average of $14.85. The company has a market cap of $533.17 million and a PE ratio of 10.55.

William Lyon Homes (NYSE:WLH) last released its quarterly earnings data on Friday, August 5th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The company had revenue of $325.65 million for the quarter, compared to analyst estimates of $297.56 million. The business’s revenue was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 earnings per share. Analysts expect that William Lyon Homes will post $1.78 earnings per share for the current year.

In related news, major shareholder Gmt Capital Corp acquired 62,400 shares of the company’s stock in a transaction on Friday, August 12th. The stock was purchased at an average cost of $15.94 per share, for a total transaction of $994,656.00. Following the completion of the purchase, the insider now directly owns 4,833,317 shares of the company’s stock, valued at approximately $77,043,072.98. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

An institutional investor recently raised its position in William Lyon Homes stock. Schwab Charles Investment Management Inc. increased its stake in William Lyon Homes (NYSE:WLH) by 14.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,704 shares of the company’s stock after buying an additional 8,541 shares during the period. Schwab Charles Investment Management Inc. owned approximately 0.22% of William Lyon Homes worth $1,118,000 at the end of the most recent reporting period.

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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