Louisiana State Employees Retirement System bought a new position in Lyon William Homes (NYSE:WLH) during the second quarter, Holdings Channel reports. The firm bought 9,600 shares of the construction company’s stock, valued at approximately $232,000.

Other institutional investors have also recently modified their holdings of the company. Tricadia Capital Management LLC raised its position in shares of Lyon William Homes by 10.2% in the first quarter. Tricadia Capital Management LLC now owns 1,036,647 shares of the construction company’s stock worth $21,376,000 after buying an additional 96,200 shares during the period. Fisher Asset Management LLC raised its position 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 period. Sei Investments Co. raised its position in shares of Lyon William Homes by 4.3% in the first quarter. Sei Investments Co. now owns 118,016 shares of the construction company’s stock worth $2,433,000 after buying an additional 4,906 shares during the period. Prudential Financial Inc. purchased a new position in shares of Lyon William Homes during the first quarter worth about $819,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Lyon William Homes during the first quarter worth about $401,000.

Shares of Lyon William Homes (WLH) traded down 1.87% during trading on Friday, reaching $22.60. The company had a trading volume of 167,798 shares. The firm has a 50-day moving average of $23.32 and a 200 day moving average of $21.58. The firm has a market capitalization of $721.98 million, a PE ratio of 19.45 and a beta of 1.76. Lyon William Homes has a 1-year low of $15.21 and a 1-year high of $24.51.

Lyon William Homes (NYSE:WLH) last released its quarterly earnings data on Monday, August 7th. The construction company reported $0.49 earnings per share (EPS) for the quarter, beating the 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 company had revenue of $422.69 million during the quarter, compared to the consensus estimate of $424.86 million. During the same quarter in the prior year, the firm posted $0.38 earnings per share. Lyon William Homes’s revenue for the quarter was up 29.8% on a year-over-year basis. Analysts expect that Lyon William Homes will post $1.96 earnings per share for the current year.

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A number of equities analysts recently issued reports on WLH shares. Zacks Investment Research lowered Lyon William Homes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 18th. BidaskClub lowered Lyon William Homes from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Citigroup Inc. restated a “buy” rating and issued a $27.50 target price (up previously from $27.00) on shares of Lyon William Homes in a research note on Tuesday, July 18th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The stock 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 23,349 shares of the company’s stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $23.33, for a total value of $544,732.17. Following the completion of the transaction, the insider now owns 4,328,417 shares in the company, valued at $100,981,968.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 581,344 shares of company stock valued at $13,464,064 in the last 90 days. 21.33% of the stock is currently owned by insiders.

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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