NVR, Inc. (NYSE:NVR) Shares Bought by Vinva Investment Management Ltd

Vinva Investment Management Ltd lifted its position in shares of NVR, Inc. (NYSE:NVR) by 74.7% in the 3rd quarter, Holdings Channel reports. The fund owned 428 shares of the construction company’s stock after buying an additional 183 shares during the period. Vinva Investment Management Ltd’s holdings in NVR were worth $4,166,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of NVR. Blue Trust Inc. bought a new position in shares of NVR in the third quarter valued at approximately $39,000. Assenagon Asset Management S.A. increased its position in shares of NVR by 3,377.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 2,504 shares of the construction company’s stock valued at $19,002,000 after purchasing an additional 2,432 shares during the period. Swedbank AB acquired a new stake in shares of NVR in the first quarter valued at $931,000. Jane Street Group LLC lifted its holdings in shares of NVR by 1,285.4% in the first quarter. Jane Street Group LLC now owns 568 shares of the construction company’s stock valued at $4,601,000 after buying an additional 527 shares during the period. Finally, Intech Investment Management LLC bought a new position in NVR during the third quarter valued at about $9,341,000. Institutional investors and hedge funds own 83.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Seaport Res Ptn cut shares of NVR from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 10th. StockNews.com cut NVR from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. UBS Group upped their target price on NVR from $8,450.00 to $9,450.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Finally, Bank of America dropped their price target 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. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $8,783.33.

NVR Stock Down 0.3 %

Shares of NVR stock opened at $9,193.62 on Friday. The company has a market capitalization of $28.13 billion, a price-to-earnings ratio of 18.79, a PEG ratio of 1.97 and a beta of 1.20. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.54 and a current ratio of 6.21. The stock’s 50 day simple moving average is $9,409.77 and its 200 day simple moving average is $8,627.41. NVR, Inc. has a twelve month low of $6,052.58 and a twelve month high of $9,964.77.

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

Insider Activity at NVR

In related news, CAO Matthew B. Kelpy sold 125 shares of the firm’s stock in a transaction that occurred on Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total transaction of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now owns 230 shares in the company, valued at $2,186,679. This trade represents a 35.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director David A. Preiser sold 250 shares of NVR stock in a transaction on Friday, November 8th. The shares were sold at an average price of $9,302.64, for a total value of $2,325,660.00. Following the transaction, the director now directly owns 239 shares of the company’s stock, valued at approximately $2,223,330.96. The trade was a 51.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 775 shares of company stock worth $7,294,073 over the last three months. Company 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.