NVR, Inc. (NYSE:NVR) Shares Purchased by Texas Permanent School Fund

Texas Permanent School Fund boosted its holdings in NVR, Inc. (NYSE:NVRGet Rating) by 7.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 437 shares of the construction company’s stock after acquiring an additional 29 shares during the period. Texas Permanent School Fund’s holdings in NVR were worth $1,742,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in NVR. American Century Companies Inc. raised its position in NVR by 4.5% in the first quarter. American Century Companies Inc. now owns 534 shares of the construction company’s stock valued at $2,386,000 after purchasing an additional 23 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in NVR by 6.6% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 438 shares of the construction company’s stock valued at $1,957,000 after purchasing an additional 27 shares during the period. Yousif Capital Management LLC raised its position in NVR by 2.1% in the first quarter. Yousif Capital Management LLC now owns 533 shares of the construction company’s stock valued at $2,381,000 after purchasing an additional 11 shares during the period. Raymond James Trust N.A. raised its position in NVR by 8.6% in the first quarter. Raymond James Trust N.A. now owns 88 shares of the construction company’s stock valued at $393,000 after purchasing an additional 7 shares during the period. Finally, Prudential PLC purchased a new stake in NVR in the first quarter valued at approximately $357,000. 82.96% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVR

In other NVR news, Director Susan Williamson Ross sold 250 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $4,487.78, for a total value of $1,121,945.00. Following the completion of the transaction, the director now owns 405 shares in the company, valued at $1,817,550.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVR news, Director Susan Williamson Ross sold 250 shares of the company’s stock in a transaction on Tuesday, November 15th. The shares were sold at an average price of $4,487.78, for a total value of $1,121,945.00. Following the completion of the transaction, the director now owns 405 shares in the company, valued at $1,817,550.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Daniel David Malzahn sold 482 shares of the company’s stock in a transaction on Wednesday, November 9th. The shares were sold at an average price of $4,200.00, for a total transaction of $2,024,400.00. Following the completion of the transaction, the chief financial officer now owns 6,554 shares of the company’s stock, valued at approximately $27,526,800. The disclosure for this sale can be found here. Insiders have sold 3,067 shares of company stock valued at $13,014,824 over the last quarter. 10.60% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have issued reports on NVR shares. StockNews.com raised NVR from a “hold” rating to a “buy” rating in a research report on Wednesday, December 14th. KeyCorp upped their price objective on NVR from $4,800.00 to $5,120.00 and gave the stock an “overweight” rating in a research report on Monday, November 14th. JPMorgan Chase & Co. upped their price objective on NVR from $4,310.00 to $5,000.00 in a research report on Tuesday, November 22nd. Finally, Bank of America reaffirmed a “buy” rating and set a $4,900.00 price objective on shares of NVR in a research report on Tuesday, October 18th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $4,780.00.

NVR Stock Performance

NYSE:NVR opened at $4,914.51 on Thursday. The firm has a market capitalization of $15.71 billion, a PE ratio of 10.97, a price-to-earnings-growth ratio of 11.47 and a beta of 0.93. The business’s fifty day moving average price is $4,570.17 and its 200 day moving average price is $4,341.44. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.70 and a quick ratio of 2.35. NVR, Inc. has a 12 month low of $3,576.01 and a 12 month high of $5,822.29.

NVR (NYSE:NVRGet Rating) last posted its earnings results on Tuesday, October 25th. The construction company reported $118.51 EPS for the quarter, missing the consensus estimate of $126.50 by ($7.99). The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.49 billion. NVR had a net margin of 16.32% and a return on equity of 54.40%. On average, sell-side analysts anticipate that NVR, Inc. will post 463.06 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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