William Lyon Homes (WLH) Stake Increased by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. raised its position in William Lyon Homes (NYSE:WLH) by 150.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 298,234 shares of the construction company’s stock after acquiring an additional 179,267 shares during the period. Dalton Greiner Hartman Maher & Co.’s holdings in William Lyon Homes were worth $4,739,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in WLH. Wells Fargo & Company MN increased its holdings in shares of William Lyon Homes by 18.9% in the 1st quarter. Wells Fargo & Company MN now owns 211,774 shares of the construction company’s stock valued at $5,822,000 after purchasing an additional 33,590 shares in the last quarter. Swiss National Bank increased its holdings in shares of William Lyon Homes by 4.3% in the 1st quarter. Swiss National Bank now owns 49,000 shares of the construction company’s stock valued at $1,347,000 after purchasing an additional 2,000 shares in the last quarter. Schwab Charles Investment Management Inc. increased its holdings in shares of William Lyon Homes by 24.3% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 147,283 shares of the construction company’s stock valued at $4,049,000 after purchasing an additional 28,838 shares in the last quarter. Northern Trust Corp increased its holdings in shares of William Lyon Homes by 14.2% in the 1st quarter. Northern Trust Corp now owns 371,068 shares of the construction company’s stock valued at $10,200,000 after purchasing an additional 46,010 shares in the last quarter. Finally, BlackRock Inc. increased its holdings in shares of William Lyon Homes by 9.7% in the 1st quarter. BlackRock Inc. now owns 4,756,350 shares of the construction company’s stock valued at $130,751,000 after purchasing an additional 422,182 shares in the last quarter. Institutional investors own 83.63% of the company’s stock.

Shares of WLH opened at $14.69 on Thursday. The company has a quick ratio of 0.15, a current ratio of 5.77 and a debt-to-equity ratio of 1.47. The stock has a market capitalization of $603.44 million, a PE ratio of 6.65 and a beta of 1.54. William Lyon Homes has a 52-week low of $13.90 and a 52-week high of $32.95.

William Lyon Homes (NYSE:WLH) last posted its earnings results on Tuesday, July 31st. The construction company reported $0.58 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.03. William Lyon Homes had a net margin of 3.48% and a return on equity of 10.93%. The firm had revenue of $519.45 million during the quarter, compared to the consensus estimate of $507.27 million. During the same period last year, the firm posted $0.49 EPS. The firm’s revenue for the quarter was up 22.9% on a year-over-year basis. On average, equities research analysts forecast that William Lyon Homes will post 2.79 EPS for the current fiscal year.

WLH has been the subject of a number of research analyst reports. Citigroup cut their price target on shares of William Lyon Homes from $29.00 to $27.00 and set a “neutral” rating for the company in a report on Wednesday, June 20th. ValuEngine downgraded shares of William Lyon Homes from a “hold” rating to a “sell” rating in a report on Thursday, June 21st. Wedbush set a $35.00 price target on shares of William Lyon Homes and gave the company an “outperform” rating in a report on Tuesday, July 10th. Finally, Zacks Investment Research upgraded shares of William Lyon Homes from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $27.25.

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, 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.

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

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