William Lyon Homes (NYSE:WLH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

According to Zacks, “William Lyon Homes is primarily engaged in the design, construction, marketing and sale of single-family detached and attached homes in California, Arizona, Nevada and Colorado. The Company conducts its homebuilding operations through five reportable operating segments: Southern California, Northern California, Arizona, Nevada and Colorado through the Village Homes brand. William Lyon Homes is headquartered in Newport Beach, California. “

Separately, Citigroup Inc. increased their target price on William Lyon Homes from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Monday, August 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. William Lyon Homes presently has an average rating of “Hold” and a consensus target price of $20.00.

William Lyon Homes (NYSE:WLH) traded down 3.23% during trading on Wednesday, reaching $19.78. The company’s stock had a trading volume of 54,461 shares. William Lyon Homes has a 52 week low of $7.61 and a 52 week high of $20.67. The company has a market capitalization of $627.01 million, a PE ratio of 12.14 and a beta of 1.82. The company has a 50 day moving average price of $18.22 and a 200-day moving average price of $17.01.

William Lyon Homes (NYSE:WLH) last issued its earnings results on Friday, November 4th. The company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by $0.01. The business had revenue of $342.60 million for the quarter, compared to analysts’ expectations of $338.57 million. William Lyon Homes had a return on equity of 8.83% and a net margin of 4.71%. The business’s quarterly revenue was up 37.5% on a year-over-year basis. During the same period last year, the company posted $0.31 earnings per share. Equities research analysts anticipate that William Lyon Homes will post $1.70 earnings per share for the current year.

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A number of institutional investors have recently added to or reduced their stakes in WLH. Jacobs Levy Equity Management Inc. purchased a new position in William Lyon Homes during the first quarter valued at $755,000. Barclays PLC increased its position in William Lyon Homes by 1,297.9% in the first quarter. Barclays PLC now owns 80,209 shares of the company’s stock valued at $1,123,000 after buying an additional 74,471 shares during the last quarter. First American Bank purchased a new position in William Lyon Homes during the second quarter valued at $343,000. Bank of Montreal Can purchased a new position in William Lyon Homes during the second quarter valued at $14,373,000. Finally, Sippican Capital Advisors increased its position in William Lyon Homes by 30.5% in the second quarter. Sippican Capital Advisors now owns 76,654 shares of the company’s stock valued at $1,236,000 after buying an additional 17,917 shares during the last quarter.

About William Lyon Homes

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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