Thrivent Financial for Lutherans Boosts Stake in William Lyon Homes (WLH)

Thrivent Financial for Lutherans grew its stake in shares of William Lyon Homes (NYSE:WLH) by 18.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,212 shares of the construction company’s stock after acquiring an additional 3,667 shares during the period. Thrivent Financial for Lutherans’ holdings in William Lyon Homes were worth $248,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. BlackRock Inc. raised its position in shares of William Lyon Homes by 20.7% during the 3rd quarter. BlackRock Inc. now owns 5,956,832 shares of the construction company’s stock worth $94,654,000 after purchasing an additional 1,019,969 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of William Lyon Homes by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,802,485 shares of the construction company’s stock worth $44,532,000 after purchasing an additional 16,462 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of William Lyon Homes by 79.1% during the 4th quarter. Principal Financial Group Inc. now owns 1,760,520 shares of the construction company’s stock worth $18,820,000 after purchasing an additional 777,409 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of William Lyon Homes by 180.2% during the 4th quarter. Bank of New York Mellon Corp now owns 1,448,137 shares of the construction company’s stock worth $15,480,000 after purchasing an additional 931,224 shares during the last quarter. Finally, Seacliff Capital LLC acquired a new position in shares of William Lyon Homes during the 4th quarter worth approximately $6,414,000. Institutional investors own 92.03% of the company’s stock.

Shares of William Lyon Homes stock opened at $16.38 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 4.54 and a quick ratio of 0.08. William Lyon Homes has a 1 year low of $9.85 and a 1 year high of $29.81. The company has a market cap of $609.11 million, a P/E ratio of 6.77 and a beta of 1.66.

William Lyon Homes (NYSE:WLH) last issued its quarterly earnings results on Thursday, February 14th. The construction company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.06 by ($0.15). The business had revenue of $659.65 million during the quarter, compared to analyst estimates of $715.62 million. William Lyon Homes had a net margin of 4.39% and a return on equity of 9.94%. The company’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 earnings per share. On average, analysts forecast that William Lyon Homes will post 2.04 EPS for the current fiscal year.

WLH has been the subject of several research reports. Zacks Investment Research downgraded William Lyon Homes from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 1st. Citigroup set a $15.00 price objective on William Lyon Homes and gave the stock a “hold” rating in a research report on Friday, February 15th. Finally, ValuEngine upgraded William Lyon Homes from a “strong sell” rating to a “sell” rating in a research report on Wednesday, April 10th.

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William Lyon Homes Company 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, Oregon, and Texas. It sells its homes primarily to entry-level, first-time move-up, and second-time move-up homebuyers.

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

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