Vinva Investment Management Ltd Increases Holdings in NVR, Inc. (NYSE:NVR)

Vinva Investment Management Ltd grew its holdings in NVR, Inc. (NYSE:NVR) by 74.7% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 428 shares of the construction company’s stock after acquiring an additional 183 shares during the quarter. Vinva Investment Management Ltd’s holdings in NVR were worth $4,166,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Hyperion Capital Advisors LP acquired a new position in NVR during the third quarter worth approximately $294,000. Public Sector Pension Investment Board increased its holdings in shares of NVR by 18.2% in the 3rd quarter. Public Sector Pension Investment Board now owns 130 shares of the construction company’s stock valued at $1,276,000 after acquiring an additional 20 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in NVR by 8.1% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 27,282 shares of the construction company’s stock valued at $267,686,000 after purchasing an additional 2,045 shares during the last quarter. De Lisle Partners LLP purchased a new stake in NVR in the 3rd quarter valued at $491,000. Finally, Blueshift Asset Management LLC boosted its stake in NVR by 156.0% during the 3rd quarter. Blueshift Asset Management LLC now owns 192 shares of the construction company’s stock worth $1,884,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 83.67% of the company’s stock.

NVR Stock Down 0.3 %

NVR opened at $9,193.62 on Friday. The business’s fifty day simple moving average is $9,409.77 and its 200 day simple moving average is $8,627.41. NVR, Inc. has a 52 week low of $6,052.58 and a 52 week high of $9,964.77. The firm has a market cap of $28.13 billion, a P/E ratio of 18.79, a PEG ratio of 1.97 and a beta of 1.20. The company has a quick ratio of 3.54, a current ratio of 6.21 and a debt-to-equity ratio of 0.21.

NVR (NYSE:NVR) last released its earnings results on Tuesday, October 22nd. The construction company reported $130.50 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 quarter in the previous year, the company posted $125.26 earnings per share. The business’s revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities research analysts anticipate that NVR, Inc. will post 494.48 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on NVR shares. 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 report on Wednesday, October 23rd. UBS Group boosted 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. StockNews.com cut NVR from a “buy” rating to a “hold” rating in a research note on Thursday, November 7th. Finally, Seaport Res Ptn lowered shares of NVR from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 10th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $8,783.33.

Insider Buying and Selling

In other NVR news, Director David A. Preiser sold 250 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $9,302.64, for a total transaction of $2,325,660.00. Following the transaction, the director now owns 239 shares in the company, valued at $2,223,330.96. The trade was a 51.12 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Matthew B. Kelpy sold 400 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $9,450.00, for a total value of $3,780,000.00. Following the completion of the transaction, the chief accounting officer now owns 208 shares of the company’s stock, valued at approximately $1,965,600. This represents a 65.79 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 775 shares of company stock valued at $7,294,073. 7.00% of the stock is currently owned by corporate insiders.

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.