B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in NVR, Inc. (NYSE:NVR)

B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in NVR, Inc. (NYSE:NVR) during the 3rd quarter, Holdings Channel reports. The firm acquired 362 shares of the construction company’s stock, valued at approximately $3,552,000.

Other hedge funds have also recently made changes to their positions in the company. Fifth Third Wealth Advisors LLC purchased a new position in NVR in the 3rd quarter worth approximately $1,717,000. Smead Capital Management Inc. raised its position in shares of NVR by 3.5% during the third quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company’s stock valued at $355,365,000 after buying an additional 1,223 shares during the last quarter. Drive Wealth Management LLC lifted its holdings in shares of NVR by 10.7% in the third quarter. Drive Wealth Management LLC now owns 31 shares of the construction company’s stock worth $304,000 after buying an additional 3 shares in the last quarter. Atlanta Consulting Group Advisors LLC bought a new position in shares of NVR during the third quarter worth $304,000. Finally, Schneider Downs Wealth Management Advisors LP purchased a new position in NVR during the third quarter valued at $324,000. Institutional investors own 83.67% of the company’s stock.

NVR Trading Up 0.5 %

NVR opened at $9,000.00 on Thursday. The stock has a 50-day moving average of $9,433.97 and a 200 day moving average of $8,575.26. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 12 month low of $6,052.58 and a 12 month high of $9,964.77. The firm has a market cap of $27.54 billion, a P/E ratio of 18.40, a P/E/G ratio of 1.94 and a beta of 1.20.

NVR (NYSE:NVR) last announced its earnings results on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.71 billion. NVR had a return on equity of 38.20% and a net margin of 16.51%. NVR’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter last year, the firm posted $125.26 EPS. As a group, research analysts forecast that NVR, Inc. will post 494.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have commented on NVR. StockNews.com cut shares of NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Seaport Res Ptn lowered NVR from a “strong-buy” rating to a “hold” rating in a research note on Sunday, November 10th. Bank of America reduced their price objective on NVR from $10,800.00 to $10,600.00 and set a “buy” rating on the stock in a research note on Wednesday, October 23rd. Finally, UBS Group increased their target price on NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a research report on Wednesday, October 23rd. Four analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, NVR currently has an average rating of “Hold” and a consensus price target of $8,783.33.

Insider Buying and Selling at NVR

In related news, CAO Matthew B. Kelpy sold 400 shares of the business’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total transaction of $3,780,000.00. Following the completion of the transaction, the chief accounting officer now owns 208 shares in the company, valued at $1,965,600. The trade was a 65.79 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David A. Preiser sold 250 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the completion of the sale, the director now owns 239 shares in the company, valued at approximately $2,223,330.96. The trade was a 51.12 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 775 shares of company stock worth $7,294,073 over the last quarter. Insiders own 7.00% of the company’s stock.

NVR Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.