Czech National Bank Boosts Holdings in NVR, Inc. $NVR

Czech National Bank raised its stake in shares of NVR, Inc. (NYSE:NVR) by 4.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 721 shares of the construction company’s stock after purchasing an additional 30 shares during the period. Czech National Bank’s holdings in NVR were worth $5,325,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake in shares of 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 buying an additional 159,358 shares in the last quarter. Siemens Fonds Invest GmbH lifted its stake in shares of NVR by 116,808.2% in the fourth 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 first quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock worth $3,758,000 after buying an additional 50,046 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of NVR by 9,358.6% in the second quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company’s stock worth $356,277,000 after buying an additional 47,729 shares in the last quarter. Finally, Nuveen LLC purchased a new position in shares of NVR in the first quarter worth about $334,981,000. 83.67% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, Director Alexandra A. Jung sold 200 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $8,082.44, for a total value of $1,616,488.00. Following the sale, the director directly owned 75 shares of the company’s stock, valued at approximately $606,183. This represents a 72.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Susan Williamson Ross sold 125 shares of the stock in a transaction dated Monday, August 4th. The shares were sold at an average price of $7,850.28, for a total transaction of $981,285.00. Following the completion of the sale, the director directly owned 386 shares in the company, valued at approximately $3,030,208.08. The trade was a 24.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 975 shares of company stock worth $7,869,360 in the last 90 days. 7.00% of the stock is currently owned by corporate insiders.

NVR Stock Up 0.5%

Shares of NYSE:NVR opened at $8,176.36 on Friday. The stock has a market cap of $23.47 billion, a P/E ratio of 17.26, a P/E/G ratio of 11.31 and a beta of 0.95. The firm has a fifty day moving average price of $7,988.39 and a 200 day moving average price of $7,489.73. The company has a debt-to-equity ratio of 0.24, a current ratio of 5.79 and a quick ratio of 2.97. NVR, Inc. has a 1-year low of $6,562.85 and a 1-year high of $9,964.77.

NVR (NYSE:NVR) last announced its quarterly earnings data on Wednesday, July 23rd. The construction company reported $108.54 EPS for the quarter, topping analysts’ consensus estimates of $104.89 by $3.65. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $2.46 billion. NVR had a net margin of 14.68% and a return on equity of 37.35%. NVR’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $120.69 EPS. Sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current year.

NVR Profile

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.