136 Shares in NVR, Inc. $NVR Bought by Plato Investment Management Ltd

Plato Investment Management Ltd bought a new stake in NVR, Inc. (NYSE:NVR) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 136 shares of the construction company’s stock, valued at approximately $921,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in NVR by 0.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 425 shares of the construction company’s stock worth $3,099,000 after buying an additional 2 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of NVR by 3.9% during the 4th quarter. International Assets Investment Management LLC now owns 53 shares of the construction company’s stock worth $387,000 after acquiring an additional 2 shares in the last quarter. Ballentine Partners LLC increased its holdings in shares of NVR by 4.9% in the 4th quarter. Ballentine Partners LLC now owns 43 shares of the construction company’s stock valued at $314,000 after acquiring an additional 2 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs increased its holdings in shares of NVR by 1.6% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 127 shares of the construction company’s stock valued at $926,000 after acquiring an additional 2 shares during the last quarter. Finally, EverSource Wealth Advisors LLC raised its position in shares of NVR by 28.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 9 shares of the construction company’s stock worth $67,000 after acquiring an additional 2 shares in the last quarter. 83.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Zelman & Associates upgraded NVR from a “hold” rating to a “buy” rating in a research note on Tuesday, July 7th. Weiss Ratings reiterated a “sell (d+)” rating on shares of NVR in a research note on Tuesday, August 4th. Zacks Research cut shares of NVR from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of NVR from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Bank of America lowered their target price on shares of NVR from $7,600.00 to $7,200.00 and set a “buy” rating for the company in a report on Monday, July 20th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, NVR has a consensus rating of “Hold” and an average target price of $7,224.20.

Insiders Place Their Bets

In other news, Director George Oliver acquired 63 shares of NVR stock in a transaction on Friday, August 7th. The stock was bought at an average price of $6,431.51 per share, for a total transaction of $405,185.13. Following the completion of the purchase, the director owned 63 shares in the company, valued at $405,185.13. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 8.60% of the company’s stock.

NVR Stock Down 0.6%

NVR opened at $6,261.56 on Wednesday. The business’s 50-day simple moving average is $6,450.51 and its 200-day simple moving average is $6,635.19. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.24 and a current ratio of 5.28. NVR, Inc. has a one year low of $5,501.01 and a one year high of $8,618.28. The stock has a market capitalization of $16.66 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 10.55 and a beta of 0.91.

NVR (NYSE:NVR) last posted its earnings results on Thursday, July 23rd. The construction company reported $83.96 earnings per share for the quarter, beating the consensus estimate of $0.90 by $83.06. The business had revenue of $2.34 billion during the quarter, compared to the consensus estimate of $2.40 billion. NVR had a return on equity of 31.02% and a net margin of 12.26%.The business’s quarterly revenue was down 10.5% on a year-over-year basis. During the same period in the previous year, the business earned $108.54 EPS. Analysts anticipate that NVR, Inc. will post 366.98 EPS for the current year.

NVR Profile

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.