As Viacom New (VIAB) Valuation Declined, Permit Capital Has Upped Its Position by $1.74 Million; Stanley Capital Management Stake in Lyon William Homes (WLH) Decreased as Valuation Rose

December 8, 2017 - By Adrian Erickson

Stanley Capital Management Llc decreased its stake in Lyon William Homes (WLH) by 24.2% based on its latest 2017Q2 regulatory filing with the SEC. Stanley Capital Management Llc sold 42,100 shares as the company’s stock rose 30.37% with the market. The institutional investor held 131,900 shares of the homebuilding company at the end of 2017Q2, valued at $3.18M, down from 174,000 at the end of the previous reported quarter. Stanley Capital Management Llc who had been investing in Lyon William Homes for a number of months, seems to be less bullish one the $920.91 million market cap company. The stock increased 0.87% or $0.25 during the last trading session, reaching $28.94. About 159,457 shares traded. William Lyon Homes (NYSE:WLH) has risen 65.59% since December 8, 2016 and is uptrending. It has outperformed by 48.89% the S&P500.

Permit Capital Llc increased its stake in Viacom Inc New (VIAB) by 130.77% based on its latest 2017Q2 regulatory filing with the SEC. Permit Capital Llc bought 52,700 shares as the company’s stock declined 19.98% while stock markets rallied. The hedge fund held 93,000 shares of the television services company at the end of 2017Q2, valued at $3.12 million, up from 40,300 at the end of the previous reported quarter. Permit Capital Llc who had been investing in Viacom Inc New for a number of months, seems to be bullish on the $12.18 billion market cap company. The stock increased 2.42% or $0.7 during the last trading session, reaching $29.64. About 4.85 million shares traded. Viacom, Inc. (NASDAQ:VIAB) has declined 8.36% since December 8, 2016 and is downtrending. It has underperformed by 25.06% the S&P500.

More notable recent Viacom, Inc. (NASDAQ:VIAB) news were published by: Seekingalpha.com which released: “Clash Of The Titans – Netflix Vs. Viacom” on December 07, 2017, also Nasdaq.com with their article: “Viacom Inc. Reveals 14% Gain In Q4 Bottom Line” published on November 16, 2017, Reuters.com published: “Viacom expects distributor revenue to drop in 2018; shares sink” on November 16, 2017. More interesting news about Viacom, Inc. (NASDAQ:VIAB) were released by: Nasdaq.com and their article: “Viacom Inc. (VIAB) Jumps: Stock Rises 10.4%” published on November 20, 2017 as well as Businesswire.com‘s news article titled: “Viacom Announces Early Tender Results of Its $1.0 Billion Cash Tender Offers …” with publication date: December 06, 2017.

Among 38 analysts covering Viacom Inc. (NASDAQ:VIAB), 12 have Buy rating, 3 Sell and 23 Hold. Therefore 32% are positive. Viacom Inc. has $87 highest and $24.0 lowest target. $39.36’s average target is 32.79% above currents $29.64 stock price. Viacom Inc. had 120 analyst reports since August 7, 2015 according to SRatingsIntel. As per Tuesday, February 23, the company rating was maintained by Atlantic Securities. The rating was maintained by Citigroup on Friday, August 14 with “Neutral”. Barrington Research upgraded it to “Outperform” rating and $55 target in Thursday, February 9 report. The stock has “Market Perform” rating by Telsey Advisory Group on Friday, August 26. The stock has “Mkt Perform” rating by FBR Capital on Monday, April 10. The firm has “Buy” rating given on Friday, August 7 by Stifel Nicolaus. Atlantic Securities downgraded the stock to “Underweight” rating in Friday, August 4 report. As per Tuesday, January 26, the company rating was downgraded by Barrington Research. The stock has “Sell” rating by RBC Capital Markets on Tuesday, August 8. On Monday, January 30 the stock rating was maintained by Morgan Stanley with “Overweight”.

Permit Capital Llc, which manages about $370.20 million and $170.02 million US Long portfolio, decreased its stake in Citigroup Inc (NYSE:C) by 13,250 shares to 106,750 shares, valued at $7.14 million in 2017Q2, according to the filing.

Analysts await William Lyon Homes (NYSE:WLH) to report earnings on February, 28. They expect $0.85 earnings per share, up 41.67% or $0.25 from last year’s $0.6 per share. WLH’s profit will be $27.05 million for 8.51 P/E if the $0.85 EPS becomes a reality. After $0.71 actual earnings per share reported by William Lyon Homes for the previous quarter, Wall Street now forecasts 19.72% EPS growth.

More notable recent William Lyon Homes (NYSE:WLH) news were published by: Denverpost.com which released: “At Candelas in Arvada, William Lyon Homes has a grand opening for family-sized …” on April 28, 2017, also Streetinsider.com with their article: “William Lyon Homes (WLH) to Offer 3.32M Shares for Paulson & Co.” published on September 13, 2017, Reviewjournal.com published: “William Lyon Homes pursues Summerlin condo complex” on August 08, 2017. More interesting news about William Lyon Homes (NYSE:WLH) were released by: Seekingalpha.com and their article: “William Lyon Homes’ (WLH) CEO Matthew Zaist on Q2 2017 Results – Earnings Call …” published on August 07, 2017 as well as Seekingalpha.com‘s news article titled: “William Lyon Homes’ (WLH) CEO Matthew Zaist on Q3 2017 Results – Earnings Call …” with publication date: October 31, 2017.

Among 4 analysts covering William Lyon Homes (NYSE:WLH), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. William Lyon Homes had 11 analyst reports since August 29, 2015 according to SRatingsIntel. The firm has “Neutral” rating given on Tuesday, February 21 by Wedbush. UBS maintained William Lyon Homes (NYSE:WLH) on Wednesday, November 1 with “Neutral” rating. On Saturday, August 29 the stock rating was upgraded by Zacks to “Sell”. The rating was initiated by Wedbush with “Neutral” on Tuesday, December 6. The company was upgraded on Friday, September 4 by Zacks. JMP Securities downgraded William Lyon Homes (NYSE:WLH) on Thursday, January 12 to “Mkt Perform” rating. The rating was maintained by Wedbush with “Hold” on Wednesday, November 1. The stock of William Lyon Homes (NYSE:WLH) earned “Hold” rating by Zacks on Thursday, September 17.

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