Trexquant Investment LP purchased a new position in William Lyon Homes (NYSE:WLH) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 30,639 shares of the construction company’s stock, valued at approximately $842,000. Trexquant Investment LP owned about 0.08% of William Lyon Homes at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Teacher Retirement System of Texas purchased a new position in shares of William Lyon Homes in the 4th quarter worth $274,000. Rhumbline Advisers boosted its stake in shares of William Lyon Homes by 25.2% in the 4th quarter. Rhumbline Advisers now owns 58,886 shares of the construction company’s stock worth $1,712,000 after buying an additional 11,851 shares during the last quarter. Texas Permanent School Fund boosted its stake in shares of William Lyon Homes by 9.1% in the 4th quarter. Texas Permanent School Fund now owns 18,815 shares of the construction company’s stock worth $547,000 after buying an additional 1,563 shares during the last quarter. Capital Growth Management LP boosted its stake in shares of William Lyon Homes by 172.7% in the 4th quarter. Capital Growth Management LP now owns 300,000 shares of the construction company’s stock worth $8,724,000 after buying an additional 190,000 shares during the last quarter. Finally, Two Sigma Investments LP purchased a new position in shares of William Lyon Homes in the 4th quarter worth $549,000. Hedge funds and other institutional investors own 83.49% of the company’s stock.

In related news, COO Brian W. Doyle sold 15,596 shares of the firm’s stock in a transaction on Wednesday, April 4th. The stock was sold at an average price of $28.02, for a total value of $436,999.92. Following the transaction, the chief operating officer now directly owns 166,856 shares of the company’s stock, valued at approximately $4,675,305.12. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. 22.13% of the stock is currently owned by company insiders.

A number of equities analysts have recently issued reports on the company. UBS restated a “neutral” rating and issued a $33.00 price target (up from $30.00) on shares of William Lyon Homes in a research note on Wednesday, January 17th. Zacks Investment Research downgraded William Lyon Homes from a “buy” rating to a “hold” rating in a research note on Thursday, April 26th. ValuEngine upgraded William Lyon Homes from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, April 3rd. Finally, Wedbush upgraded William Lyon Homes from a “neutral” rating to an “outperform” rating and set a $31.00 price target on the stock in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $32.50.

Shares of William Lyon Homes stock opened at $24.60 on Thursday. William Lyon Homes has a one year low of $24.58 and a one year high of $25.26. The firm has a market capitalization of $1.06 billion, a P/E ratio of 11.13 and a beta of 1.53. The company has a current ratio of 5.10, a quick ratio of 0.14 and a debt-to-equity ratio of 1.53.

William Lyon Homes (NYSE:WLH) last announced its earnings results on Tuesday, May 8th. The construction company reported $0.27 EPS for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.08. William Lyon Homes had a return on equity of 10.99% and a net margin of 3.48%. The company had revenue of $373.36 million for the quarter, compared to analysts’ expectations of $328.28 million. During the same period last year, the firm earned $0.11 EPS. William Lyon Homes’s revenue for the quarter was up 44.2% compared to the same quarter last year. analysts forecast that William Lyon Homes will post 3.09 earnings per share for the current year.

William Lyon Homes 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.

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

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