NVR, Inc. $NVR is Amiral Gestion’s 10th Largest Position

Amiral Gestion decreased its position in shares of NVR, Inc. (NYSE:NVR) by 54.3% during the second quarter, according to its most recent filing with the SEC. The firm owned 1,152 shares of the construction company’s stock after selling 1,371 shares during the period. NVR comprises about 3.7% of Amiral Gestion’s holdings, making the stock its 10th largest holding. Amiral Gestion’s holdings in NVR were worth $8,508,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in NVR. Jump Financial LLC grew its stake in shares of NVR by 201.6% in the first quarter. Jump Financial LLC now owns 193 shares of the construction company’s stock worth $1,398,000 after acquiring an additional 129 shares during the last quarter. Nomura Holdings Inc. grew its position in NVR by 39.8% in the 1st quarter. Nomura Holdings Inc. now owns 137 shares of the construction company’s stock worth $992,000 after purchasing an additional 39 shares during the period. Quantum Capital Management LLC NJ increased its position in NVR by 60.3% during the first quarter. Quantum Capital Management LLC NJ now owns 10,537 shares of the construction company’s stock valued at $76,334,000 after acquiring an additional 3,965 shares during the last quarter. Candriam S.C.A. lifted its stake in shares of NVR by 86.5% in the 1st quarter. Candriam S.C.A. now owns 317 shares of the construction company’s stock worth $2,296,000 after purchasing an additional 147 shares during the period. Finally, Algert Global LLC purchased a new position in shares of NVR during the 1st quarter worth $724,000. Institutional investors own 83.67% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NVR. UBS Group increased their target price on shares of NVR from $8,150.00 to $8,500.00 and gave the stock a “neutral” rating in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of NVR in a research note on Wednesday, October 8th. Wall Street Zen raised shares of NVR from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. BTIG Research began coverage on shares of NVR in a research report on Monday, December 1st. They set a “buy” rating and a $9,022.00 price objective on the stock. Finally, Bank of America decreased their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, NVR currently has a consensus rating of “Moderate Buy” and an average price target of $8,530.50.

Insider Buying and Selling at NVR

In other news, Director Michael J. Devito bought 14 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were purchased at an average cost of $7,068.05 per share, with a total value of $98,952.70. Following the transaction, the director directly owned 14 shares in the company, valued at approximately $98,952.70. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.80% of the stock is owned by company insiders.

NVR Trading Up 0.1%

NYSE NVR opened at $7,522.26 on Monday. NVR, Inc. has a 52 week low of $6,562.85 and a 52 week high of $8,780.00. The company has a 50 day moving average price of $7,453.97 and a 200 day moving average price of $7,656.44. The company has a quick ratio of 3.16, a current ratio of 5.96 and a debt-to-equity ratio of 0.23. The firm has a market cap of $21.36 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 10.13 and a beta of 1.00.

NVR (NYSE:NVR) last posted its quarterly earnings data on Wednesday, October 22nd. The construction company reported $112.33 earnings per share for the quarter, topping analysts’ consensus estimates of $107.88 by $4.45. NVR had a return on equity of 35.89% and a net margin of 14.00%.The firm had revenue of $2.64 billion during the quarter, compared to analysts’ expectations of $2.54 billion. During the same quarter last year, the firm earned $130.50 EPS. The business’s quarterly revenue was down 4.5% on a year-over-year basis. As a group, sell-side analysts forecast that NVR, Inc. will post 505.2 EPS for the current fiscal 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.