NVR, Inc. $NVR Stock Holdings Trimmed by Voya Investment Management LLC

Voya Investment Management LLC lessened its holdings in shares of NVR, Inc. (NYSE:NVR) by 6.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 893 shares of the construction company’s stock after selling 64 shares during the quarter. Voya Investment Management LLC’s holdings in NVR were worth $6,469,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in NVR by 838,726.3% in the first quarter. GAMMA Investing LLC now owns 159,377 shares of the construction company’s stock worth $1,154,589,000 after purchasing an additional 159,358 shares during the period. Siemens Fonds Invest GmbH raised its position in shares of NVR by 116,808.2% during the 4th quarter. Siemens Fonds Invest GmbH now owns 57,285 shares of the construction company’s stock worth $468,528,000 after buying an additional 57,236 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in shares of NVR by 217,591.3% in the 1st quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock worth $3,758,000 after acquiring an additional 50,046 shares during the period. Nuveen LLC bought a new position in shares of NVR in the first quarter valued at approximately $334,981,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of NVR by 41.6% in the first quarter. JPMorgan Chase & Co. now owns 52,404 shares of the construction company’s stock valued at $379,639,000 after acquiring an additional 15,405 shares in the last quarter. 83.67% of the stock is owned by institutional investors and hedge funds.

NVR Price Performance

NYSE NVR opened at $8,148.90 on Thursday. The stock has a market capitalization of $23.39 billion, a P/E ratio of 17.20, a P/E/G ratio of 11.42 and a beta of 0.95. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77. The business’s fifty day moving average is $7,978.89 and its two-hundred day moving average is $7,482.85. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.97 and a current ratio of 5.79.

NVR (NYSE:NVR) last announced its earnings results on Wednesday, July 23rd. The construction company reported $108.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $104.89 by $3.65. NVR had a return on equity of 37.35% and a net margin of 14.68%.The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the previous year, the firm earned $120.69 earnings per share. NVR’s revenue for the quarter was down .5% compared to the same quarter last year. On average, research analysts forecast that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

Insider Buying and Selling at NVR

In other news, Director Alexandra A. Jung sold 200 shares of the business’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total transaction of $1,616,488.00. Following the sale, the director owned 75 shares in the company, valued at $606,183. The trade was a 72.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Matthew B. Kelpy sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $8,100.00, for a total transaction of $4,860,000.00. Following the completion of the transaction, the chief accounting officer directly owned 208 shares of the company’s stock, valued at $1,684,800. This represents a 74.26% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 975 shares of company stock valued at $7,869,360. 7.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. boosted their target price on NVR from $7,200.00 to $7,600.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. UBS Group lifted their price target on NVR from $7,900.00 to $8,150.00 and gave the company a “neutral” rating in a research report on Thursday, July 24th. Finally, Wall Street Zen upgraded NVR from a “sell” rating to a “hold” rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, NVR has a consensus rating of “Hold” and an average price target of $8,783.33.

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.