First National Bank of Omaha Reduces Stock Holdings in NVR, Inc. (NYSE:NVR)

First National Bank of Omaha trimmed its position in NVR, Inc. (NYSE:NVRGet Rating) by 92.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 95 shares of the construction company’s stock after selling 1,134 shares during the period. First National Bank of Omaha’s holdings in NVR were worth $424,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. purchased a new position in shares of NVR during the 4th quarter valued at about $35,000. TFO TDC LLC purchased a new position in shares of NVR during the 1st quarter valued at about $27,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of NVR during the 1st quarter valued at about $27,000. Quent Capital LLC lifted its position in shares of NVR by 150.0% during the 1st quarter. Quent Capital LLC now owns 10 shares of the construction company’s stock valued at $45,000 after buying an additional 6 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in NVR by 21.4% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 17 shares of the construction company’s stock valued at $76,000 after purchasing an additional 3 shares during the period. 82.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group lifted their target price on NVR from $4,100.00 to $4,300.00 and gave the company a “neutral” rating in a research note on Wednesday, July 27th. StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a research note on Friday, September 9th. Wells Fargo & Company lifted their target price on NVR to $4,580.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Finally, JPMorgan Chase & Co. decreased their target price on NVR from $4,900.00 to $4,330.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 12th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $4,577.50.

Insider Activity

In other news, CFO Daniel David Malzahn sold 1,155 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The stock was sold at an average price of $4,436.88, for a total transaction of $5,124,596.40. Following the transaction, the chief financial officer now owns 3,315 shares of the company’s stock, valued at approximately $14,708,257.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director Sallie B. Bailey bought 25 shares of the business’s stock in a transaction dated Wednesday, August 10th. The shares were purchased at an average price of $4,365.45 per share, with a total value of $109,136.25. Following the transaction, the director now owns 100 shares in the company, valued at approximately $436,545. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Daniel David Malzahn sold 1,155 shares of the business’s stock in a transaction that occurred on Monday, August 1st. The shares were sold at an average price of $4,436.88, for a total value of $5,124,596.40. Following the transaction, the chief financial officer now directly owns 3,315 shares in the company, valued at approximately $14,708,257.20. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,387 shares of company stock valued at $15,024,330. 10.60% of the stock is currently owned by insiders.

NVR Stock Performance

NYSE:NVR opened at $4,085.72 on Friday. The company has a debt-to-equity ratio of 0.31, a current ratio of 5.04 and a quick ratio of 2.26. NVR, Inc. has a 1 year low of $3,576.01 and a 1 year high of $5,982.44. The stock’s 50 day simple moving average is $4,297.83 and its two-hundred day simple moving average is $4,358.32. The company has a market cap of $13.41 billion, a price-to-earnings ratio of 9.83 and a beta of 0.99.

NVR (NYSE:NVRGet Rating) last released its quarterly earnings data on Tuesday, July 26th. The construction company reported $123.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $126.82 by ($3.17). NVR had a return on equity of 52.01% and a net margin of 16.18%. The firm had revenue of $2.61 billion during the quarter, compared to the consensus estimate of $2.56 billion. During the same period in the previous year, the firm earned $82.45 EPS. The business’s revenue was up 17.3% compared to the same quarter last year. As a group, equities analysts anticipate that NVR, Inc. will post 512.93 earnings per share for the current fiscal year.

NVR Profile

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NVR, Inc operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. 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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Institutional Ownership by Quarter for NVR (NYSE:NVR)

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