State of Alaska Department of Revenue boosted its position in shares of Lyon William Homes (NYSE:WLH) by 79.3% during the second quarter, Holdings Channel reports. The fund owned 4,663 shares of the construction company’s stock after buying an additional 2,063 shares during the period. State of Alaska Department of Revenue’s holdings in Lyon William Homes were worth $112,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Renaissance Technologies LLC purchased a new stake in shares of Lyon William Homes during the fourth quarter worth approximately $2,679,000. Teachers Advisors LLC raised its stake in shares of Lyon William Homes by 21.7% in the fourth quarter. Teachers Advisors LLC now owns 43,716 shares of the construction company’s stock worth $832,000 after buying an additional 7,806 shares during the last quarter. Nationwide Fund Advisors raised its stake in shares of Lyon William Homes by 4.1% in the first quarter. Nationwide Fund Advisors now owns 20,648 shares of the construction company’s stock worth $426,000 after buying an additional 814 shares during the last quarter. Sippican Capital Advisors raised its stake in shares of Lyon William Homes by 4.2% in the first quarter. Sippican Capital Advisors now owns 76,267 shares of the construction company’s stock worth $1,573,000 after buying an additional 3,098 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Lyon William Homes by 33.6% in the first quarter. Fisher Asset Management LLC now owns 79,179 shares of the construction company’s stock worth $1,633,000 after buying an additional 19,900 shares during the last quarter.

Shares of Lyon William Homes (WLH) traded down 1.22% during mid-day trading on Friday, reaching $22.69. The company had a trading volume of 132,139 shares. The company has a market capitalization of $724.85 million, a P/E ratio of 19.53 and a beta of 1.76. Lyon William Homes has a 12-month low of $15.21 and a 12-month high of $24.51. The firm has a 50-day moving average of $23.39 and a 200-day moving average of $21.38.

Lyon William Homes (NYSE:WLH) last announced its earnings results on Monday, August 7th. The construction company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. Lyon William Homes had a net margin of 3.01% and a return on equity of 7.72%. The business had revenue of $422.69 million during the quarter, compared to the consensus estimate of $424.86 million. During the same quarter last year, the firm earned $0.38 earnings per share. The business’s revenue for the quarter was up 29.8% on a year-over-year basis. On average, equities analysts anticipate that Lyon William Homes will post $2.06 earnings per share for the current fiscal year.

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WLH has been the subject of a number of research analyst reports. Zacks Investment Research lowered Lyon William Homes from a “hold” rating to a “sell” rating in a research report on Wednesday, April 26th. Citigroup Inc. reaffirmed a “buy” rating and issued a $27.50 target price (up from $27.00) on shares of Lyon William Homes in a research report on Tuesday, July 18th. Finally, BidaskClub lowered Lyon William Homes from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Lyon William Homes has a consensus rating of “Hold” and an average price target of $24.83.

In other Lyon William Homes news, major shareholder Gmt Capital Corp sold 40,828 shares of the firm’s stock in a transaction that occurred on Wednesday, May 31st. The shares were sold at an average price of $22.40, for a total transaction of $914,547.20. Following the completion of the transaction, the insider now owns 4,276,417 shares of the company’s stock, valued at $95,791,740.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 633,344 shares of company stock valued at $14,682,944 in the last ninety days. Insiders own 21.33% of the company’s stock.

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

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