Company shares are trading at $27.75 a great deal higher than the 50 day moving average of $23.58 and quite a bit above the 200 day moving average of $23.14. The 50 day moving average was up by +17.68% whereas the 200 day moving average was up $4.61 or +19.92%. Trading was heavy with 1,353K shares changing hands in the last trading session. Trading volume was up 322.64% over the stocks average daily volume.
Traders are feeling more bullish on Lyon William Homes (Class A) of late as shown by the change in short interest. The firm recorded a fall in short interest of -5.57% as of the latest report on October 13, 2017. Short shares decreased from 2,710,879 to 2,559,796 over that period. With short interest at 2,559,796 and short average daily volume at 323,921, days to cover is 8.0 and the short interest percentage is 0.07% as of October 13.
Lyon William Homes (Class A) (NYSE:WLH) has been the object of insider selling activity recently. Director Gary H. Hunt let go of 8,500 shares at an average price of $22.87 on Fri the 25th. That brings Hunt’s holdings to $727,220 as recorded in a recent Form 4 SEC filing.
The following firms have recently changed their position in WLH. As of the end of the quarter Real Estate Management Services LLC had bought a total of 177,526 shares growing its holdings by 33.8%. The value of the investment in (WLH) went from $12,695,000 to $16,172,000 increasing 27.4% for the reporting period. As of quarter end Cubic Asset Management, LLC had acquired 3,000 shares growing its position 8.5%. The value in dollars increased from $848,000 to $876,000 a change of $28,000 quarter to quarter.
As of the end of the quarter State Of New Jersey Common Pension Fund D had acquired 10,000 shares growing its stake by 20.0%. The value of the total investment in Lyon William Homes (Class A) increased from $1,207,000 to $1,379,000 a change of 14.3% since the last quarter. Sippican Capital Advisors downsized its stake by selling 804 shares a decrease of 1.1% as of 09/30/2017. Sippican Capital Advisors claims 74,909 shares worth $1,722,000. The value of the position overall is down by 5.8%.
UBS initiated coverage on the stock with a rating of “Neutral”.
Lyon William Homes (Class A) currently has a P/E ratio of 23.88 and market cap is 886.50M. In the latest earnings report the EPS was $1.16 and is expected to be $1.91 for the current year with 31,946,000 shares now outstanding. Next quarter’s EPS is expected be $0.99 and the next full year EPS is projected to be $2.66.
William Lyon Homes, launched on July 15, 1999, is a regional homebuilder. The Company is involved in the design, construction, marketing and sale of single-family detached and attached homes in California, Arizona, Nevada, Colorado, Washington and Oregon. The Company operates through six segments: California, Arizona, Nevada, Colorado, Washington and Oregon. Each of the segments has responsibility for the management of the Business’s homebuilding and development operations within its geographic boundaries. The California Segment consists of operations in Orange, Los Angeles, San Diego, Riverside, San Bernardino, Alameda, Contra Costa and San Joaquin counties. The Arizona Segment consists of operations in the Phoenix metropolitan area. The Nevada Segment consists of operations in Clark and Nye counties. The Colorado Segment consists of operations in Douglas, Grand, Jefferson, and Larimer counties. The Washington Segment consists of operations in King, Snohomish, and Pierce counties. The Oregon Segment consists of operations in Clackamas and Washington counties..