Winmill & CO. Inc. Cuts Stake in NVR, Inc. $NVR

Winmill & CO. Inc. lessened its holdings in NVR, Inc. (NYSE:NVR) by 11.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,062 shares of the construction company’s stock after selling 135 shares during the period. NVR makes up approximately 2.1% of Winmill & CO. Inc.’s portfolio, making the stock its 18th largest position. Winmill & CO. Inc.’s holdings in NVR were worth $7,745,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NVR. Saber Capital Managment LLC purchased a new position in NVR in the fourth quarter valued at $1,393,000. Fieldview Capital Management LLC increased its holdings in NVR by 165.7% during the 4th quarter. Fieldview Capital Management LLC now owns 93 shares of the construction company’s stock worth $678,000 after purchasing an additional 58 shares during the period. Focus Partners Wealth increased its holdings in NVR by 112.9% during the 4th quarter. Focus Partners Wealth now owns 1,880 shares of the construction company’s stock worth $13,711,000 after purchasing an additional 997 shares during the period. Giverny Capital Inc. raised its position in NVR by 0.3% in the 4th quarter. Giverny Capital Inc. now owns 14,112 shares of the construction company’s stock valued at $102,916,000 after purchasing an additional 37 shares in the last quarter. Finally, Entropy Technologies LP boosted its stake in shares of NVR by 204.5% in the 4th quarter. Entropy Technologies LP now owns 670 shares of the construction company’s stock valued at $4,886,000 after buying an additional 450 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Trading Up 0.2%

NYSE NVR opened at $6,387.51 on Monday. The firm’s fifty day moving average is $6,312.62 and its two-hundred day moving average is $6,977.95. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.67 and a current ratio of 5.19. The firm has a market cap of $17.25 billion, a PE ratio of 15.57, a P/E/G ratio of 4.69 and a beta of 0.93.

NVR (NYSE:NVR) last announced its earnings results on Wednesday, April 22nd. The construction company reported $67.76 earnings per share for the quarter, missing the consensus estimate of $79.97 by ($12.21). The business had revenue of $1.91 billion for the quarter, compared to analyst estimates of $2.09 billion. NVR had a return on equity of 32.66% and a net margin of 12.93%.NVR’s quarterly revenue was down 21.7% on a year-over-year basis. During the same quarter last year, the company posted $94.83 EPS. Analysts expect that NVR, Inc. will post 375.15 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Michael J. Devito acquired 11 shares of the firm’s stock in a transaction on Friday, April 24th. The stock was bought at an average cost of $6,699.50 per share, with a total value of $73,694.50. Following the transaction, the director owned 25 shares of the company’s stock, valued at $167,487.50. The trade was a 78.57% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVR has been the topic of a number of recent analyst reports. Weiss Ratings downgraded shares of NVR from a “hold (c)” rating to a “sell (d+)” rating in a research report on Thursday, May 7th. Truist Financial reduced their price objective on shares of NVR from $7,100.00 to $6,600.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. UBS Group lowered their target price on shares of NVR from $8,100.00 to $7,700.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. BTIG Research reiterated a “buy” rating and set a $8,096.00 price target on shares of NVR in a research note on Wednesday, April 22nd. Finally, Bank of America dropped their price target on NVR from $8,600.00 to $8,225.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NVR has a consensus rating of “Hold” and an average target price of $7,649.33.

About NVR

NVR, Inc is a U.S.-based homebuilding and mortgage banking company that designs, constructs and sells single-family detached homes, townhomes and condominiums. The company operates primarily through its homebuilding business and a mortgage banking subsidiary, providing financing and related closing services to its homebuyers. NVR’s homebuilding activities include land development, community planning, model home sales and construction management aimed at a range of buyer demographics.

Its homes are marketed under recognizable regional brands, including Ryan Homes and NVHomes, along with other market-specific trade names, and are offered across multiple geographic markets in the United States.