NVR, Inc. (NYSE:NVR) Shares Sold by Macquarie Group Ltd.

Macquarie Group Ltd. decreased its holdings in shares of NVR, Inc. (NYSE:NVR – Get Rating) by 5.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 409 shares of the construction company’s stock after selling 22 shares during the period. Macquarie Group Ltd.’s holdings in NVR were worth $1,631,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Castleview Partners LLC grew its holdings in NVR by 425,338.8% during the second quarter. Castleview Partners LLC now owns 340,351 shares of the construction company’s stock worth $85,000 after acquiring an additional 340,271 shares during the period. Millennium Management LLC increased its holdings in shares of NVR by 331.5% in the 2nd quarter. Millennium Management LLC now owns 8,557 shares of the construction company’s stock valued at $34,263,000 after purchasing an additional 6,574 shares in the last quarter. Guardian Wealth Advisors LLC acquired a new stake in shares of NVR in the third quarter valued at about $24,453,000. Lazard Asset Management LLC boosted its holdings in NVR by 12,262.5% during the first quarter. Lazard Asset Management LLC now owns 5,934 shares of the construction company’s stock worth $26,508,000 after buying an additional 5,886 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in NVR by 25.7% during the first quarter. Invesco Ltd. now owns 28,300 shares of the construction company’s stock worth $126,425,000 after buying an additional 5,778 shares in the last quarter. 82.96% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVR

In other news, Director Alfred E. Festa sold 1,600 shares of NVR stock in a transaction dated Wednesday, February 8th. The shares were sold at an average price of $5,032.84, for a total transaction of $8,052,544.00. Following the completion of the sale, the director now directly owns 321 shares in the company, valued at $1,615,541.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, CFO Daniel David Malzahn sold 100 shares of NVR stock in a transaction dated Tuesday, February 28th. The shares were sold at an average price of $5,213.22, for a total transaction of $521,322.00. Following the completion of the sale, the chief financial officer now directly owns 6,976 shares in the company, valued at $36,367,422.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Alfred E. Festa sold 1,600 shares of NVR stock in a transaction dated Wednesday, February 8th. The stock was sold at an average price of $5,032.84, for a total transaction of $8,052,544.00. Following the sale, the director now owns 321 shares of the company’s stock, valued at $1,615,541.64. The disclosure for this sale can be found here. Insiders sold a total of 7,327 shares of company stock worth $38,173,143 over the last ninety days. 10.60% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on NVR shares. KeyCorp boosted their price objective on shares of NVR from $5,120.00 to $6,000.00 and gave the stock an “overweight” rating in a report on Monday, February 6th. JPMorgan Chase & Co. boosted their price objective on shares of NVR from $4,310.00 to $5,000.00 in a report on Tuesday, November 22nd. Finally, StockNews.com raised shares of NVR from a “hold” rating to a “buy” rating in a report on Wednesday, December 14th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $4,956.00.

NVR Stock Down 1.4 %

NVR opened at $5,235.47 on Friday. The business’s fifty day simple moving average is $5,066.87 and its 200 day simple moving average is $4,574.34. NVR, Inc. has a 52 week low of $3,576.01 and a 52 week high of $5,500.00. The firm has a market cap of $17.02 billion, a P/E ratio of 10.64, a PEG ratio of 3.18 and a beta of 0.98. The company has a quick ratio of 3.50, a current ratio of 5.64 and a debt-to-equity ratio of 0.26.

NVR (NYSE:NVR – Get Rating) last issued its quarterly earnings results on Tuesday, January 31st. The construction company reported $133.44 EPS for the quarter, topping analysts’ consensus estimates of $98.88 by $34.56. The business had revenue of $2.67 billion during the quarter, compared to the consensus estimate of $2.48 billion. NVR had a net margin of 16.71% and a return on equity of 56.08%. The company’s quarterly revenue was up 22.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $89.09 earnings per share. As a group, equities research analysts anticipate that NVR, Inc. will post 394.77 EPS for the current fiscal year.

NVR Company Profile

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NVR, Inc engages in the construction and sale of single-family detached homes, townhomes and condominium buildings. It operates through the following geographical segments: Mid Atlantic, North East, Mid East, and South East. The company was founded in 1980 and is headquartered in Reston, VA.