NVR, Inc. (NYSE:NVR) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of NVR, Inc. (NYSE:NVRGet Rating) by 61.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 108 shares of the construction company’s stock after purchasing an additional 41 shares during the quarter. Janney Montgomery Scott LLC’s holdings in NVR were worth $427,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of NVR. Egerton Capital UK LLP acquired a new position in NVR in the first quarter valued at approximately $50,663,000. River Road Asset Management LLC lifted its holdings in NVR by 531.4% in the second quarter. River Road Asset Management LLC now owns 13,380 shares of the construction company’s stock valued at $53,575,000 after acquiring an additional 11,261 shares during the period. Diamond Hill Capital Management Inc. lifted its holdings in NVR by 7.6% in the first quarter. Diamond Hill Capital Management Inc. now owns 124,583 shares of the construction company’s stock valued at $556,546,000 after acquiring an additional 8,789 shares during the period. Lazard Asset Management LLC lifted its holdings in NVR by 12,262.5% in the first quarter. Lazard Asset Management LLC now owns 5,934 shares of the construction company’s stock valued at $26,508,000 after acquiring an additional 5,886 shares during the period. Finally, Invesco Ltd. lifted its holdings in NVR by 25.7% in the first quarter. Invesco Ltd. now owns 28,300 shares of the construction company’s stock valued at $126,425,000 after acquiring an additional 5,778 shares during the period. Institutional investors and hedge funds own 82.47% of the company’s stock.

NVR Stock Down 0.8 %

Shares of NVR opened at $4,491.44 on Friday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.35 and a current ratio of 4.70. NVR, Inc. has a one year low of $3,576.01 and a one year high of $5,982.44. The stock has a market capitalization of $14.37 billion, a price-to-earnings ratio of 10.03, a PEG ratio of 6.82 and a beta of 0.94. The stock has a 50 day moving average price of $4,129.17 and a 200 day moving average price of $4,222.76.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. KeyCorp decreased their price target on NVR from $5,100.00 to $4,800.00 and set an “overweight” rating for the company in a report on Monday, September 19th. StockNews.com downgraded NVR from a “buy” rating to a “hold” rating in a research note on Thursday, October 20th. Wells Fargo & Company upped their target price on NVR to $4,580.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. UBS Group upped their target price on NVR from $4,100.00 to $4,300.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. Finally, Bank of America reaffirmed a “buy” rating and set a $4,900.00 target price on shares of NVR in a research note on Tuesday, October 18th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $4,582.00.

Insider Buying and Selling

In other NVR news, CFO Daniel David Malzahn sold 1,166 shares of the company’s stock in a transaction on Tuesday, November 1st. The stock was sold at an average price of $4,250.10, for a total value of $4,955,616.60. Following the completion of the sale, the chief financial officer now directly owns 6,554 shares in the company, valued at approximately $27,855,155.40. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 10.60% of the stock is owned by company insiders.

About NVR

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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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