186 Shares in NVR, Inc. (NYSE:NVR) Purchased by Martingale Asset Management L P

Martingale Asset Management L P bought a new position in shares of NVR, Inc. (NYSE:NVR) during the third quarter, HoldingsChannel reports. The institutional investor bought 186 shares of the construction company’s stock, valued at approximately $1,825,000.

A number of other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC grew its stake in shares of NVR by 1,100,012.1% in the 3rd quarter. International Assets Investment Management LLC now owns 363,037 shares of the construction company’s stock worth $3,562,046,000 after purchasing an additional 363,004 shares during the last quarter. Smead Capital Management Inc. grew its position in NVR by 3.5% in the third quarter. Smead Capital Management Inc. now owns 36,218 shares of the construction company’s stock worth $355,365,000 after buying an additional 1,223 shares during the last quarter. Jennison Associates LLC acquired a new position in NVR in the third quarter worth approximately $348,545,000. Marshfield Associates grew its position in NVR by 0.3% in the second quarter. Marshfield Associates now owns 32,719 shares of the construction company’s stock worth $248,290,000 after buying an additional 96 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of NVR by 3.2% during the second quarter. Dimensional Fund Advisors LP now owns 29,199 shares of the construction company’s stock worth $221,595,000 after purchasing an additional 906 shares during the period. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Stock Performance

Shares of NVR stock opened at $9,235.58 on Monday. The company has a current ratio of 6.21, a quick ratio of 3.54 and a debt-to-equity ratio of 0.21. NVR, Inc. has a 1-year low of $6,052.58 and a 1-year high of $9,964.77. The stock’s fifty day simple moving average is $9,395.27 and its 200-day simple moving average is $8,650.63. The company has a market capitalization of $28.26 billion, a price-to-earnings ratio of 18.88, a P/E/G ratio of 1.98 and a beta of 1.20.

NVR (NYSE:NVR) last announced 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 net margin of 16.51% and a return on equity of 38.20%. The company had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the firm posted $125.26 earnings per share. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, sell-side analysts predict that NVR, Inc. will post 494.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

Insider Activity

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 value 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 the SEC website. Also, CAO Matthew B. Kelpy sold 125 shares of the business’s stock in a transaction dated Thursday, October 24th. The shares were 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 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 a total of 775 shares of company stock worth $7,294,073 in the last ninety days. Corporate insiders own 7.00% of the company’s stock.

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.