Mraz Amerine & Associates Inc. lessened its holdings in shares of NVR, Inc. (NYSE:NVR – Free Report) by 0.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 452 shares of the construction company’s stock after selling 3 shares during the quarter. NVR accounts for about 0.8% of Mraz Amerine & Associates Inc.’s investment portfolio, making the stock its 20th largest holding. Mraz Amerine & Associates Inc.’s holdings in NVR were worth $4,435,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of NVR. Valued Wealth Advisors LLC raised its stake in shares of NVR by 100.0% during the first quarter. Valued Wealth Advisors LLC now owns 4 shares of the construction company’s stock valued at $32,000 after purchasing an additional 2 shares during the period. Massmutual Trust Co. FSB ADV grew its position in shares of NVR by 100.0% during the third quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock worth $39,000 after buying an additional 2 shares in the last quarter. Blue Trust Inc. acquired a new stake in shares of NVR during the third quarter worth approximately $39,000. Redwood Wealth Management Group LLC acquired a new stake in shares of NVR during the second quarter worth approximately $46,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of NVR during the second quarter worth approximately $53,000. Institutional investors and hedge funds own 83.67% of the company’s stock.
Insider Activity
In other news, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the completion of the transaction, the director now owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Alfred E. Festa sold 148 shares of the business’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $8,585.95, for a total transaction of $1,270,720.60. Following the completion of the transaction, the director now owns 173 shares of the company’s stock, valued at approximately $1,485,369.35. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 200 shares of the business’s stock in a transaction on Friday, August 9th. The shares were sold at an average price of $8,500.00, for a total transaction of $1,700,000.00. Following the transaction, the chief accounting officer now directly owns 230 shares of the company’s stock, valued at approximately $1,955,000. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 7.00% of the company’s stock.
NVR Stock Performance
NVR (NYSE:NVR – Get Free Report) last released its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 EPS for the quarter, missing analysts’ consensus estimates of $131.00 by ($0.50). NVR had a return on equity of 38.18% and a net margin of 16.51%. 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 firm earned $125.26 EPS. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. Research analysts expect that NVR, Inc. will post 500.28 earnings per share for the current year.
Analysts Set New Price Targets
A number of research firms have recently weighed in on NVR. Bank of America decreased their price target on shares of NVR from $10,800.00 to $10,600.00 and set a “buy” rating for the company in a research report on Wednesday. UBS Group lifted their price objective on shares of NVR from $8,450.00 to $9,450.00 and gave the stock a “neutral” rating in a report on Wednesday.
Check Out Our Latest Stock Analysis on NVR
About NVR
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.
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