Wedbush upgraded shares of William Lyon Homes (NYSE:WLH) from a neutral rating to an outperform rating in a report issued on Thursday, MarketBeat.com reports. Wedbush currently has $31.00 price target on the construction company’s stock.

WLH has been the topic of several other research reports. Zacks Investment Research raised shares of William Lyon Homes from a sell rating to a hold rating in a research note on Saturday, January 6th. Zelman & Associates raised shares of William Lyon Homes from a hold rating to a buy rating in a research report on Friday, October 27th. UBS Group raised their target price on shares of William Lyon Homes from $25.00 to $30.00 and gave the company a neutral rating in a research report on Wednesday, November 1st. ValuEngine raised shares of William Lyon Homes from a buy rating to a strong-buy rating in a research report on Sunday, December 31st. Finally, Citigroup downgraded shares of William Lyon Homes from a buy rating to a neutral rating and set a $35.00 target price on the stock. in a research report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. The company has a consensus rating of Hold and an average price target of $31.50.

William Lyon Homes (NYSE:WLH) opened at $23.65 on Thursday. The company has a market cap of $752.54, a PE ratio of 15.46 and a beta of 1.64. William Lyon Homes has a 12 month low of $16.94 and a 12 month high of $32.95. The company has a quick ratio of 0.30, a current ratio of 10.77 and a debt-to-equity ratio of 1.33.

In other William Lyon Homes news, Director Gary H. Hunt sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $29.33, for a total transaction of $73,325.00. Following the transaction, the director now owns 29,298 shares of the company’s stock, valued at approximately $859,310.34. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Gmt Capital Corp sold 41,600 shares of the firm’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $32.13, for a total transaction of $1,336,608.00. Following the transaction, the insider now directly owns 3,529,717 shares in the company, valued at approximately $113,409,807.21. The disclosure for this sale can be found here. Insiders have sold a total of 285,700 shares of company stock worth $8,599,572 in the last three months. Insiders own 21.33% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. American International Group Inc. boosted its stake in William Lyon Homes by 12.4% in the 4th quarter. American International Group Inc. now owns 21,189 shares of the construction company’s stock worth $616,000 after purchasing an additional 2,332 shares in the last quarter. HAP Trading LLC boosted its stake in William Lyon Homes by 127.7% in the 4th quarter. HAP Trading LLC now owns 28,915 shares of the construction company’s stock worth $841,000 after purchasing an additional 16,216 shares in the last quarter. Capital Growth Management LP boosted its stake in 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 purchasing an additional 190,000 shares in the last quarter. BlackRock Inc. boosted its stake in William Lyon Homes by 23.0% in the 4th quarter. BlackRock Inc. now owns 4,334,168 shares of the construction company’s stock worth $126,037,000 after purchasing an additional 810,569 shares in the last quarter. Finally, Rhumbline Advisers boosted its stake in 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 purchasing an additional 11,851 shares in the last quarter. 96.73% of the stock is currently owned by institutional investors and hedge funds.

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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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