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

B. Metzler seel. Sohn & Co. Holding AG bought a new position in NVR, Inc. (NYSE:NVR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 362 shares of the construction company’s stock, valued at approximately $3,552,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Massmutual Trust Co. FSB ADV grew its position in NVR by 100.0% during the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 4 shares of the construction company’s stock valued at $39,000 after purchasing an additional 2 shares during the last quarter. Blue Trust Inc. bought a new position in shares of NVR in the third quarter worth approximately $39,000. Rakuten Securities Inc. purchased a new stake in shares of NVR during the third quarter valued at approximately $39,000. Redwood Wealth Management Group LLC bought a new stake in shares of NVR during the second quarter valued at approximately $46,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in NVR in the 2nd quarter worth approximately $53,000. 83.67% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

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

Insider Transactions at NVR

In other NVR news, Director David A. Preiser sold 250 shares of the company’s stock in a transaction dated 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 $2,223,330.96. This represents a 51.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 125 shares of the firm’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $9,507.30, for a total value of $1,188,412.50. Following the completion of the transaction, the chief accounting officer now directly owns 230 shares in the company, valued at $2,186,679. This trade represents a 35.21 % 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 in the last 90 days. 7.00% of the stock is currently owned by insiders.

NVR Stock Up 0.5 %

NVR stock opened at $9,000.00 on Thursday. The company has a market cap of $27.54 billion, a price-to-earnings ratio of 18.40, a P/E/G ratio of 1.94 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 business’s 50-day moving average is $9,433.97 and its two-hundred day moving average is $8,575.26. NVR, Inc. has a fifty-two week low of $6,052.58 and a fifty-two week high of $9,964.77.

NVR (NYSE:NVR) last issued its quarterly earnings data on Tuesday, October 22nd. The construction company reported $130.50 earnings per share for the quarter, missing the consensus estimate of $131.00 by ($0.50). The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the company earned $125.26 EPS. As a group, analysts forecast that NVR, Inc. will post 494.48 earnings per share for the current year.

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.