Banco Bilbao Vizcaya Argentaria S.A. Has $1.04 Million Stock Position in NVR, Inc. $NVR

Banco Bilbao Vizcaya Argentaria S.A. lowered its stake in NVR, Inc. (NYSE:NVR) by 43.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 141 shares of the construction company’s stock after selling 110 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in NVR were worth $1,043,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in NVR by 217,591.3% in the 1st quarter. Jones Financial Companies Lllp now owns 50,069 shares of the construction company’s stock valued at $3,758,000 after buying an additional 50,046 shares during the period. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of NVR by 9,358.6% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 48,239 shares of the construction company’s stock worth $356,277,000 after acquiring an additional 47,729 shares in the last quarter. Nuveen LLC bought a new position in NVR in the first quarter valued at approximately $334,981,000. JPMorgan Chase & Co. increased its stake in 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 during the last quarter. Finally, Pacer Advisors Inc. raised its position in NVR by 5,411.1% during the first quarter. Pacer Advisors Inc. now owns 14,384 shares of the construction company’s stock valued at $104,203,000 after purchasing an additional 14,123 shares in the last quarter. Institutional investors and hedge funds own 83.67% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Wall Street Zen raised NVR from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a research note on Wednesday, October 8th. UBS Group lifted their target price on NVR from $8,150.00 to $8,500.00 and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Bank of America lowered their target price on NVR from $9,100.00 to $9,000.00 and set a “buy” rating for the company in a research note on Friday, October 10th. Finally, JPMorgan Chase & Co. raised their price target on shares of NVR from $7,200.00 to $7,600.00 and gave the company a “neutral” rating in a research note on Thursday, July 24th. One investment analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $8,366.67.

NVR Trading Down 1.6%

Shares of NVR stock opened at $7,153.38 on Tuesday. NVR, Inc. has a twelve month low of $6,562.85 and a twelve month high of $9,376.75. The stock’s fifty day simple moving average is $7,725.29 and its 200 day simple moving average is $7,620.94. The company has a quick ratio of 2.97, a current ratio of 5.79 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $20.31 billion, a P/E ratio of 15.70, a P/E/G ratio of 9.94 and a beta of 0.93.

NVR (NYSE:NVR) last announced its quarterly earnings results on Wednesday, October 22nd. The construction company reported $112.33 EPS for the quarter, beating analysts’ consensus estimates of $107.88 by $4.45. The firm had revenue of $2.64 billion for the quarter, compared to analyst estimates of $2.54 billion. NVR had a return on equity of 35.81% and a net margin of 14.00%.The business’s revenue for the quarter was down 4.5% on a year-over-year basis. During the same period last year, the firm posted $130.50 earnings per share. As a group, sell-side analysts predict that NVR, Inc. will post 505.2 EPS for the current fiscal year.

Insider Activity at NVR

In other NVR 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 directly owned 75 shares of the company’s stock, valued at $606,183. The trade was a 72.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael J. Devito purchased 14 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was acquired at an average price of $7,068.05 per share, with a total value of $98,952.70. Following the completion of the transaction, the director owned 14 shares in the company, valued at approximately $98,952.70. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 7.00% of the stock is owned by company insiders.

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.