Teacher Retirement System of Texas Acquires Shares of 9,436 William Lyon Homes (WLH)

Teacher Retirement System of Texas acquired a new stake in shares of William Lyon Homes (NYSE:WLH) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,436 shares of the construction company’s stock, valued at approximately $274,000.

Other large investors also recently made changes to their positions in the company. Steward Partners Investment Advisory LLC purchased a new position in William Lyon Homes during the fourth quarter valued at $118,000. SG Americas Securities LLC purchased a new position in William Lyon Homes during the third quarter valued at $193,000. Municipal Employees Retirement System of Michigan raised its stake in William Lyon Homes by 60.2% during the third quarter. Municipal Employees Retirement System of Michigan now owns 8,860 shares of the construction company’s stock valued at $204,000 after buying an additional 3,330 shares during the last quarter. KBC Group NV bought a new stake in shares of William Lyon Homes in the 3rd quarter worth $214,000. Finally, Aperio Group LLC bought a new stake in shares of William Lyon Homes in the 3rd quarter worth $216,000. Institutional investors and hedge funds own 82.11% of the company’s stock.

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Shares of William Lyon Homes stock opened at $27.21 on Friday. The company has a market capitalization of $1,062.30, a price-to-earnings ratio of 22.12 and a beta of 1.64. William Lyon Homes has a fifty-two week low of $18.85 and a fifty-two week high of $32.95. The company has a quick ratio of 1.15, a current ratio of 11.14 and a debt-to-equity ratio of 1.20.

William Lyon Homes (NYSE:WLH) last posted its earnings results on Tuesday, February 20th. The construction company reported $0.89 EPS for the quarter, topping the Zacks’ consensus estimate of $0.84 by $0.05. The business had revenue of $624.60 million during the quarter, compared to analyst estimates of $616.91 million. William Lyon Homes had a return on equity of 10.51% and a net margin of 2.68%. The company’s quarterly revenue was up 32.0% compared to the same quarter last year. During the same quarter last year, the company earned $0.60 EPS. sell-side analysts expect that William Lyon Homes will post 3.05 earnings per share for the current year.

In related news, major shareholder Gmt Capital Corp sold 31,200 shares of William Lyon Homes stock in a transaction on Friday, January 5th. The stock was sold at an average price of $30.99, for a total value of $966,888.00. Following the completion of the sale, the insider now owns 3,616,017 shares of the company’s stock, valued at $112,060,366.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 183,000 shares of company stock valued at $5,636,173 in the last ninety days. 21.33% of the stock is currently owned by corporate insiders.

A number of research firms have commented on WLH. UBS reissued a “neutral” rating and issued a $33.00 target price (up previously from $30.00) on shares of William Lyon Homes in a report on Wednesday, January 17th. Citigroup lowered William Lyon Homes from a “buy” rating to a “neutral” rating and set a $35.00 target price for the company. in a report on Thursday, January 4th. Wedbush raised William Lyon Homes from a “neutral” rating to an “outperform” rating and set a $31.00 target price for the company in a report on Thursday, February 8th. Zacks Investment Research raised William Lyon Homes from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. Finally, ValuEngine raised William Lyon Homes from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $32.00.

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William Lyon 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 William Lyon Homes (NYSE:WLH)

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